January 15, 2021
A few weeks ago, Brexit finally has sent the European Union and the United Kingdom in different directions. European and UK Citizens now must obtain residency permits or settlements one way or another. Except for the Irish. Ireland IIP has now become the only program that links the UK and EU post-Brexit, Irish citizens now can travel visa-free under CTA (Common Travel Agreement). Besides visa-free traveling, the CTA agreement provides the citizens of both countries with the right to live, work, study and gives access to health services and benefits both in the UK and EU.
Ireland EU status post-Brexit remains the same, Ireland is a member of the union and continues to get all EU membership benefits. As European Union citizens, the nationals of Ireland can live and work in any of the EU Member countries.
The investors interested in acquiring Irish IIP are able to choose four different investment options that will eventually lead to Irish Citizenship.
Managing Director of Mann’s Solutions Evgeny Pavlov commented:
“It is clear that post-Brexit, Ireland Residency program became more attractive to those who want to live, work and study both in the UK and European Union countries.”
Irish Residency Program Overview
Irish Immigrant Investor program is a perfect choice for high net worth individuals and provides 4 investment options starting from €500,000. The Irish Residency Program is open to non-EEA nationals and lets the applicant and his family obtain a secure residency status in Ireland which can further lead to European Union Citizenship.
Program benefits
Irish residency by investment grants the applicant a 5-year residency permit and let’s apply for permanent residence and citizenship after this period. The Program requires only one day a year visit to Ireland to keep the permit and opens 177 visa-free destinations for an applicant and the applicant’s family. Irish Residency Program does not require proof of English for initial applicants and in addition to that grants the whole family access to high-standard education.
Investment options
Become a permanent resident of Ireland by choosing one of the following four qualifying investment options. Once the residency permit is granted the requirement to maintain the investment is a minimum of 3 years.
REIT– Real Estate Investment Trust €2,000,000
The investment should be held in the account for at least 3 years.
50% of shares can be sold after 3 years.
After 5 years the investment can be released.
Investment Fund €1,000,000
Minimum investment period is 3 years.
The fund has to be regulated by the Central Bank of Ireland and approved by the Naturalisation and Immigration Service of Ireland.
Enterprise Investment €1,000,000
The investment also can be spread over a few different enterprises which can be either a start-up or already existing business registered in Ireland.
The minimum period of investment is 3 years.
Endowment of €500,000
An investment to a public project in the art, culture, health, education, or sport sector.
The endowment should be a non-refundable and non-profitable contribution.
LONDON BASED SOLUTION ADVISERS – Irish Residency
Full Support with our Immigration Advisers & Property Consultants:
Property search based on your requirements (from residential properties to high-value luxury developments)
Property virtual tours, 3-D tours, and in-person tours available.
Due diligence checks and additional property checks completed by our experts.
Residency & Citizenship document preparation and submission.
Full support until you receive your second passport & residency.
Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC.
For further information or to discuss your personal circumstances in a private consultation with our immigration lawyers in London Office, please contact us at enquiries@manns-solutions.com or call +44 207 993 63 46.
Information made available on this website in any form is for information purposes only. It is not, and should not be taken as advice. You should not rely on, or take or fail to take any action based upon this information. Please do not disregard professional advice or delay in seeking advice because of something you have read on this website. Manns Solutions professionals will be pleased to discuss any specific questions you have.
