Ireland, with the dual favorable status of the United Kingdom Common Tourist Area Agreement and the EU member states, especially after Brexit, has once become a popular country for investors to apply for immigration status.
Recently, the Irish Ministry of Justice has released data on the number of applications, approvals, and investment in Ireland's investment residency projects for the first time since 2019. The data shows that despite the impact of the epidemic, the number of applications received in 2020 has dropped from the previous year.23%, from 442 cases to 340 cases, but the batch size increased by 13% from 237 The case rose to 267 cases. This is also the second highest annual volume ever.
[1] Application data & Approved data
The 2012 bill is announced until February 25, 2021. The annual application data and approved data:
Data shows that 2,016 investors have submitted applications since the establishment of the project, of which 1,197 were approved, but the real data may be higher because it will take several months to process the application.
[2] Application volume & batch obtained
From 2018 to the present, the annual application volume for the four investment models of Enterprise Investment, Investment Fund, Real Estate Trust Fund Investment (REIT) and Charitable Endowment Projects (Endowment) is as follows:
From 2019 to the present, the annual volume of the four investment models is as follows:
With the passage of time, investors' project selection preferences have changed greatly, the number of corporate investors has plummeted, more and more investors have chosen the donation investment model, and the market share of fund investment has gradually approached the traditional corporate investment model.
Data shows that starting from 2019, the number of applications from investors who choose to donate has far exceeded corporate investment, becoming the most popular investment method in the IIP Act.
Since 2019, the number of applications and the batches obtained are compared as follows:
It is worth noting that because it takes a long time to process the application and perform the necessary due diligence on the application, the approval issued in any year may be the application received in the previous years.
[3] Investment amount
Since the launch of the Irish Investment Residency Program in 2012, the amount raised through IIP each year is as follows:
By the end of 2020, IIP projects have raised 862.5 million euros, of which 48% are used for senior housing real estate projects and welfare projects.
[4] Investors
Since the start of the program, there have been 1,166 investors, of which 1088 are Chinese citizens, ranking first. The United States ranked second with 21 people, Vietnam ranked third with 7 people, Saudi Arabia ranked fourth with 4 people, and 42 people from other regions.
Ireland (IIP) project advantage project advantage
Language advantage: the only native English country in the EU;
Passport advantages: EU + UK, "double springboard"; can live, work, study, and enjoy social welfare in the UK unconditionally;
Simple requirements: no language, education, or business background requirements;
Simple naturalization: you can apply for naturalization after meeting the living conditions;
Security of funds: investment after approval, low risk;
Living environment: The political environment is stable, and the EU ranks first in food safety;
Residence requirements: only need to log in once a year, no need to give up domestic business or work;
British education: free public education, one of the most educated countries in Europe;
Economic environment: corporate income tax is as low as 12.5%, "the most suitable country for business in the world";
Visa-free countries: 173 countries are visa-free, including the United Kingdom, the United States, Canada, Australia, etc.
For investors, Irish status not only brings benefits to themselves, but also facilitates children’s education and business development. And after meeting the corresponding residency requirements, no language test is required, no need to start a business or start a business, you can apply for an Irish passport in accordance with the relevant conditions.
Owning an Irish passport is equivalent to having an EU passport, a permanent residence in the UK and a visa to the United States at the same time. An investment, three major gains, four identities, and the gold content is self-evident!
It is recommended that prospective investors act as soon as possible, and take advantage of the valuable opportunity of canceling the application window, and according to the current preferential policy of first approval and reinvestment, the Irish immigration status will be included in the bag!
Irish Immigration by Investment
Irish Investment Residence Program (IIP)
Application conditions
1. Main applicant
*At least 18 years old, non-EU citizen
*Have a net asset of 2 million euros under his name
2. Subsidiary applicants
*Legal spouse (including de facto marriage)
*Minor children (under 18 years old) or unmarried children aged 18-24 who are not financially independent can be regarded as qualified family members
3. Donate 500,000 euros to Irish charity projects (if you gather a group of 5 people to donate together, you can get a discount of 400,000 euros per person)
4. All applicants over the age of 16 must provide a certificate of no criminal record