The Immigrant Investor Programme (IIP) is an initiative by which the Irish government seeks to attract foreign direct investment into Ireland and in return offers secure and flexible residency status for the investor and his/her family. An Applicant (Non EEA National) for the IIP must be a “high net worth individual” meaning a personal wealth of at least €2 million.
The IIP is an attractive scheme for investors as close family members will benefit from their own permission to work, study or establish a business in Ireland as they wish. The IIP investor and his/ her family will hold what is termed ‘stamp 4’ status (which is a high-level immigration status short of citizenship) and will benefit from the added flexibility of being able to hold this status without having to actually reside in Ireland. This freedom to effectively come and go as they like, makes the IIP standout from all other immigration routes available to persons wishing to establish ties to Ireland.
For more information please click here: IIP