Irish Social Housing: One of the Safest Investments in the World!
Those in Hong Kong looking for foreign investment opportunities would do well to turn their eye towards Ireland. Thanks to a robust economy and business-friendly regulations, Ireland is a fantastic opportunity for individual and corporate investors alike. Today, we want to further explain the options of using Irish social housing as an investment opportunity.
What is the Irish Immigrant Investor Programme?
The Immigrant Investor Programme (IIP) was introduced by the Irish Government in 2012 in order to encourage inward investment for the creation of business and employment opportunities in the State.
The IIP is designed to encourage investors and business professionals from outside the European Economic Area (EEA) to take advantage of opportunities of investing and locating their business interests in Ireland. In doing so, you can also acquire a secure residency status in Ireland.
What is the Enterprise Investment Category?
As a minimum qualification for the IIP, applicants must be high net worth individuals with a personal wealth of at least €2 million. There are four investment option categories for potential investors. These include Enterprise Investment, Investment Fund, Endowment, and Real Estate Investment Trusts (REITs). Under the Enterprise Investment Category, a minimum of €1 million is invested in an Irish enterprise for a period of at least 3 years.
You have several options as to where you place your investment dollars. We encourage you to look into Irish social housing.
What is so Attractive About Investing in Irish Social Housing?
Ireland’s social housing system is a unique product unlike any other investment opportunities in the Irish state. Under social home leasing initiatives, landlords can lease their investment properties to the Irish state at between 80 to 95 per cent of the open market rent for up to 25 years. The state is responsible for the upkeep of the property during the lease period. You read that right, you reap the financial rewards without handling any of the upkeep or tenant interactions.
Social housing investors have the benefit of guaranteed rent from the Irish State during this period. This de-risks the investment on behalf of the investor. As a savvy investor, placing your funds somewhere with as little risk as possible is precisely what you're looking for. And remember- this investment also earns you the right to live and work in Ireland. You'll be an Irish resident, without much risk or effort on your part at all!
Let Black Lion Ireland Tell You More About Your Investment Options
We don't expect you to know all there is about this exciting investment opportunity on your own. The decision to invest in Irish social housing is a serious one, as real estate requires a lot of research. There are countless reasons why this is the right financial move for you. That being said, we understand you want the opportunity to talk this through in more detail with an expert. You're looking for Black Lion Ireland!