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Residency by InvestmentClosed

Ireland

Ireland Immigrant Investor Programme (IIP)

Also known as: Ireland Golden Visa, Ireland IIP

Regulator: Immigration Service Delivery (ISD), Department of Justice (Ireland)Official program site ↗
Min investment
$550K
Program tier
Renewable Temp
Program type
Investor Visa
Initial validity
2 yr
Renewable
Yes
Path to PR
5 yr
Path to citizenship
5 yr
Schengen access
No

Investment options

Business Investment

$1.1M
Hold for 3 years

Historical (closed): EUR 1,000,000 in an Irish enterprise (single or multiple) for minimum 3 years.

Fund

$1.1M
Hold for 3 years

Historical (closed): EUR 1,000,000 in an approved Irish investment fund.

Real Estate

$2.2M
Hold for 3 years

Historical (closed): EUR 2,000,000 in approved Irish Real Estate Investment Trust (REIT) listed on Irish Stock Exchange.

Donation

$550K

Historical (closed): EUR 500,000 endowment to public-interest project (arts, sports, health, culture, education). EUR 400,000 if 5+ applicants pool.

Physical presence

To apply
Single day per year minimum
To maintain
1 day per year sufficed
For PR
5 years legal stay with 183+ days/year for EU long-term residence
For citizenship
Naturalisation requires 5 years reckonable residence in past 9 years + 1 year continuous before application

Path to citizenship

  • Available: Yes
  • Minimum years: 5
  • Physical-presence years: 5
  • Language test: No

5 reckonable years residence within last 9 + 1 continuous before application. Stamp 4 (IIP) days count toward reckonable residence. Dual citizenship allowed.

Tax implications

  • Becomes tax resident automatically: No
  • Worldwide income taxed: No
  • Territorial tax system: No
  • Day-count for tax residency: 183 days
  • Wealth tax: No

Ireland operates remittance basis for non-domiciled residents — foreign income/gains taxed only on remittance. Tax residency at 183 days in year OR 280 days over current + preceding year. PIT progressive to 40% + USC + PRSI. No wealth tax.

Family inclusion

  • Spouse: Yes
  • Children under 18: Yes
  • Dependent adult children: Yes
  • Parents: No

Historical: spouse/civil partner, minor children, financially-dependent unmarried adult children up to age 24.

Additional fees

    Program no longer accepting applications. Existing approved projects continue.

    Eligibility requirements

    • Historical: non-EEA national, age 18+, clean criminal record, minimum net worth EUR 2,000,000, qualifying investment from non-Irish source

    Disqualifiers

    • Program closed to new applications as of 15 February 2023

    Recent changes

    1. 2023-02-15

      Minister for Justice Simon Harris announced closure of IIP effective close of business on 15 February 2023. Applications submitted before that date continue to process. Ireland cited EU Commission, Council of Europe, and OECD concerns about investor migration.

    2. 2024-2025

      Existing IIP investments continue to be honored at original investment terms; renewals proceed. EUR 1.25 billion+ raised over program lifetime.

    3. 2026

      No new investor visa announced. Ireland's other pathways: Start-up Entrepreneur Programme (STEP, EUR 50K), critical-skills employment, EU Treaty rights, descent (jure sanguinis).

    Notes

    Closed program documented for completeness. Ireland's STEP entrepreneur visa (EUR 50K) remains active but is targeted at innovative startups, not passive investors. Ireland's lack of Schengen membership and remittance-basis tax regime were always distinctive; closure removed one of the EU's most prestigious investor-citizenship pipelines (5-year naturalisation in the EU's strongest passport with English language).

    EasyPassport is a document-organization tool focused on citizenship by descent. This page is reference research, not legal or financial advice. Always verify with the official program authority.