Investor and Entrepreneur Schemes

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NOTE: Approved Investment Fund is not available at this point details will follow.

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A dedicated e-mail address for queries (but not applications) about the investor and entrepreneur schemes has been set up atáinvestmentandstartup@justice.ie

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Immigrant Investor Programme

The Immigrant Investor Programme is open to non-EEA nationals and their families who commit to an approved investment in Ireland. Approved participants in the Programme and their immediate family members will be granted rights of residence in Ireland which will allow them to enter the State on multi-entry visas and to remain here for a defined period but with the possibility of ongoing renewal.áThe Programme will facilitate participants, over time, in establishing a permanent relationship with Ireland.

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Each application will be examined on its merits in a qualitative examination by an independent interdepartmental committee. The investment has to be good for Ireland, good for jobs and in the public interest, the funds invested have to be legally acquired and owned by the investor (i.e. not borrowed). The person has to be of good character.

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In order to be considered for the programme the investor must propose an investment in one or more of the following categories:-

Option

Investment Terms

Immigrant Investor Bond

€1million invested in the bond at 0% interest rate

Enterprise investment

€500,000 invested in an Irish Enterprise for 3 years

Investment Funds

€500,000 invested in an approved fund.ááApproved Investment Fund is not available at this point details will follow.

Real Estate Investment Trusts

A minimum investment of €2 millionáin any Irish REIT that is listed on the Irish Stock Exchange.á The €2 million investment may be spread across a number of different Irish REITs.

Mixed investment

Investment in a residential property of minimum value of €450,000 and a straight investment of €500,000 into the immigrant investor bond, giving a minimum investment of €950,000.áThe level of investment into the bond would no longer be linked to the value of the property purchased.

Endowment

€500,000 philanthropic donation by an individual (€400,000 where 5 or more individuals pool their endowment for one appropriate project).

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Residence Permission granted to successful applicants:áSuccessful applicants can expect to receive residence permission for 5 years.áAn initial permission will be granted for two years and following a review at that point to ensure the investor is continuing to meet the conditions of the scheme (i.e. the investment has not been withdrawn, they continue to be law abiding and self sufficient), a further period of 3 years will be granted.áAfter this initial 5 years period, the investor will be free to apply for residence in 5 year tranches.ááThe investor is not required to establish actual residence in Ireland. The Immigrant Investment Programme is about rights of residence that the investor may exercise as their business and family needs dictate.áNo minimum residence requirement is set other than the stipulation that the persons concerned should visit Ireland at least once in every 12 month period.

Anyone interested in this programme should read the Guidelines for the Immigrant Investor Programme which outlines the requirements of the programme and the application process. The guidelines remain valid except in respect of the changes in terms and conditions outlined above.

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TheáGuidelines and Application Formáare available at the bottom of this page.

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Related Links / Formsá:

Sample Business Plan Templateá

Application for Entrepreneur Programme

Application for Immigrant Investor Programmeá

Guidelines for ImmigrantáInvestor Programmeá

Guidelines for Start-up Entrepreneur Programmeá

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