Learn The Top 3 Benefits of Ireland Residency by IIP Program
Those looking for a way to emigrate from Hong Kong to Ireland should learn as much as they can about the Ireland Immigrant Investor Program (IIP). It is simple to get Irish citizenship thanks to the IIP Program.
The Irish government introduced it in 2012 to encourage business professionals and investors from outside the European Economic Area (EEA) to invest and locate their business interests in Ireland. The program, also known as the Irish Golden Visa, permits eligible candidates to acquire residency status in Ireland. We can't wait to tell you more!
The IIP Program Explained
The IIP Program is a pathway for applicants and their family members to gain Irish residency. This is given to applicants in exchange for a significant investment. It was established a decade ago in order to allow wealthy individuals and families from outside the European Union to obtain residency in Ireland in exchange for making an approved investment in the Irish economy. In order to be eligible for it, a candidate must:
Have a legally accumulated personal wealth of at least €2 million.
Have good character.
Have no criminal convictions anywhere in the world.
There are four investment option categories for potential investors. These include Enterprise Investment, Investment Fund, Endowment, and Real Estate Investment Trusts (REITs). Each one varies slightly and will be an ideal fit for different people and financial situations.
Benefits of Applying for the IIP Program
This is an attractive programme for investors and business professionals alike. Just a few of the top benefits include:
Residency and Potential Future Citizenship
On approval of the IIP application, investors will gain an Irish residency permit. Following five years of full-time residency, you will have the opportunity to apply for Irish citizenship and an Irish EU passport. This last part is especially important, because once this has been granted, you will gain the ability to reside, work, and study in any of the other EU countries without any additional visa requirements.
Your Family can Come too
If you have a family, your spouse and children are also granted the same residency and future citizenship rights. One important thing to note is that applicants can include dependent children up to 24 years old. This is older than the typical age limit in other EU countries. Once in Ireland, they can work and go to school.
Access to a Global Economy
Ireland ranks amongst the top ten wealthiest countries in the world, in terms of GDP per capita. This is something you want to be a part of! In fact, several of the world's high-performance companies already are. Only a few that hold offices in Dublin include Google, Facebook, Microsoft, and Apple.
Learn More From Black Lion Ireland
Which investment option category is the right one for you and your situation? Answering that is our specialty!
We have great news for you. While applying for and successfully navigating the IIP Program can be tricky, you don't need to do it alone. The professionals at Black Lion Ireland do this every day, and we can do it for you too!