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IRELAND

RESIDENCY BY INVESTMENT

OVERVIEW

ENTREPRENEUR VISA ELIGIBILITY CRITERIA AND REQUIREMENTS:

  • Business should be viable.
  • should be able to create 10 jobs in Ireland.
  • Should be capable of achieving € 1 million in sales within 3-4 years.
  • Business plan is the central factor to be reviewed upon application.
  • Should be supported by the correct market research.
  • Your business should not go 6 years back.
  • Should have experienced management team.

TYPE OF BUSINESS

  • Cannot be a business in retail.
  • Cannot be a business in personal services.
  • Cannot be a business in catering.
  • Should be “high potential startup”.
  • should be new, innovative, and pitched at international markets.
  • The business viability is more important than immediate success.

PROCESS AFTER ACCEPTANCE

  • After acceptance you will be granted a 2-year permit.
  • If your business is still viable after this time, your permits 3 additional years.
  • After this 5-year period, you can effectively apply for permanent residence.
  • This PR is given for 5 years and renewed for that same duration.
  • You are also in the position to apply for the Irish citizenship.

RESIDENCE AND ABSENCES

  • You are only required to be in Ireland for a day per year.
  • If you are not going to apply for the passport at the end of the process you are not required to be there at all.
  • If you are aiming for the passport, you need to be in Ireland for more than half of the year.
  • Flexibility can be given if the entrepreneur proves that there is interest abroad regarding your start up and that you have to engage to international travel.
  • In the fifth and final year you are required to be in the country all year long.

EXTRA INFORMATION

  • Specialist business plan writers could be hired to boost your case.
  • When it is said that the business should be capable of doing something does not mean that it should achieve it rather than merely having the ability to.
  • This program requires no English language requirement.
  • You don’t have to invest until your application is approved.
  • Entrepreneur visa eligibility requires minimum investment of € 50,000.

ALTERNATIVE ROOTS TO THE CITIZENSHIP

  • Endowment (Donation). Asked amount: €500K.
  • Enterprise investment. Asked amount: €1M.
  • Approved investment fund. Asked amount: €1M.
  • Real estate investment fund. Asked amount: €2M.

COUNTRIES OFFER RBI

7-1
Wisma Genting (New Wing)
Jalan Sultan Ismail, 50250, Kuala Lumpur, Malaysia.