How to get a Golden visa in Ireland.

Imagine a beautiful region with rolling hills, abundant vegetation, and kind people who are eager to help. A once-in-a-lifetime opportunity awaits high-net-worth individuals who want to pursue Irish residence via investing.

Applicants may become Irish residents in return for making a financial contribution to Ireland’s flourishing economy. Applicants and their family members enjoy the extra benefit of being able to work, live, and study in a European economy that is operating very well when they are granted instant access to visa-free travel inside the European Union.

When it comes to Golden Visa applications in Europe, Global Citizen Solutions has a perfect track record of success.

During the whole of the application process, a professional account manager is assigned to each customer, and our considerable experience as well as our insider knowledge of the Irish market will provide you with the advantage over the competition that is necessary for success.

Benefits associated with Ireland’s Golden Visa

It should come as no surprise that Ireland’s Golden Visa program brings hundreds of investors to the country’s shores on an annual basis. Applicants can receive their residence permit in just four short months, and there are no minimum stay requirements or requirements to apply for naturalization after the first five years.

On the basis of a single investment, you may also get residence permits for members of your immediate family (spouse, children under the age of 18, dependent children under the age of 24).

Who’s eligible?

In order to submit an application, you need to be at least 18 years old, have a criminal record that is spotless, have a net worth that is at least 2 million euros, and be able to demonstrate that the source of money comes from your own wallet. Additionally, you need to be willing to spend at least one day in Ireland every calendar year.

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An investment of €400,000 may get you a residency visa in Ireland. After five years of residency, the holder of an investor visa may seek for citizenship. This permits them to work, conduct business, and further their education in the nation.

We go through who is qualified to apply for an Irish residency visa via investment, how to take part in the program, and the criteria used to give Irish passports.

Irish residency permit types

For any stay in Ireland that is longer than 90 days, a non-EEA citizen must get a long-term resident visa. For job, study, business, retirement, and investment, permits are given.

The kind of residence permit granted is indicated by the stamp on the accompanying documentation. The Irish Residence Permit’s kind of permit column includes a stamp type indication (IRP).

• Stamps from Irish immigration
• Stamp 0 – for those who are self-sufficient financially
• The holder cannot do business, labor, or get government benefits in Ireland.
• This authorization may be granted to
• pensioners with foreign sources of income;
• instructors invited to a university in Ireland;
• a senior dependant relative of a non-citizen of the EU or Switzerland.
• For labor or business, use stamp 1.
• Prior to applying, applicants must have a job, company, or self-employment permit.
• For aspiring accountants, use stamp 1A.

Without permission from the immigration agency in the form of a letter, you are not permitted to practice another profession or establish a company. The accounting course has a four-year deadline from the day the permit was issued.

Stamp 1G is for college grads and partners of professionals with professional credentials.

A residency permit is given to graduates in line with the Third Level Graduate program so they may look for employment. The permission is good for 12 months. Holders of master’s degrees could be given an extra year.

While spouses and partners of trained professionals and researchers are permitted to work in Ireland, they are not permitted to own their own companies or work for themselves. Every year, they must renew their license. With this authority, they may apply for Stamp 4 after five years.

Students enrolled in programs on the Interim List of Eligible Programs should use Stamp 2 (ILEP)

Holders have a maximum of 7 years to complete their studies in Ireland using Stamp 2. During the academic year, students may work 20 hours per week, and during breaks, 40 hours. They cannot do business or utilize any services provided by the government.

The Interim List of Eligible Programs is a list of available programs (ILEP).

For students enrolled in courses not covered by the ILEP and the spouses of students who are financially independent, utilize stamp 2A.

• With this authorization, foreigners are not permitted to work, conduct business, or use public services in Ireland.
• You may get Stamp 2A by
• students who traveled to Ireland for one semester of studies;
• students at Ireland’s private schools;
• wives of college students who are self-sufficient.
• For celebrities and wives of foreigners with work permits, use stamp number three.
• A volunteer, priest, spouse, or partner of a foreign worker in Ireland may be granted a residence visa.

You are not allowed to operate or do business in Ireland based solely on this stamp. For authorization to work, you will need to submit a separate application.

Stamp 4: for family reunion, workers of Irish businesses, and refugees

In the following situations, foreigners may receive a residence visa by investment:

while relocating to be with their Irish citizen spouse, partner, or children;

entry of refugees into Ireland. Their immediate family members are likewise eligible in this situation;

• having labored for two to five years in Ireland;
• are taking part in the scheme for residency permits via investment.
• The ability to work without a work permit, operate a company, and work for themselves is granted by stamp number 4. Residents have access to government perks and services.
• British nationals who choose to remain in Ireland after Brexit are described in Stamp 4D, a non-EEA family.
• UK nationals from an EEA country who want to live in Ireland.

Stamp 5 is for foreign nationals who are permitted to reside in Ireland for an unlimited period of time.

Once you have lived in Ireland for 96 months, you may apply for Stamp 5. The permission is good for as long as your passport remains valid.

For several stamps, time spent in Ireland does not count toward the 96 months needed to qualify for Stamp 5. Stamps 0, 1A, 2, and 2A are among them. Additionally, certain resident categories with stamps 3 and 4 cannot consider their stay in the nation qualifying for Stamp 5.

For Irish nationals with dual citizenship, use stamp 6.

If you’ve requested permission to stay in Ireland without restrictions, this stamp may be added to your non-Irish passport.

The residency permit must be registered with the Immigration Service Delivery within 90 days of the date it was issued (ISD). Applicants with Stamp 6 are exempt from the requirement and are not required to register.

The first step towards naturalization as an Irish citizen is obtaining a residency permit. Not all permits, nevertheless, result in citizenship. For instance, while seeking for citizenship, the period spent residing with stamps 2 and 2A, a student residence permit, is not taken into account.

Can I enter the USA or the EU with a passport from a third country?

Not at all. However, it becomes conceivable if you have citizenship or a second residency permit. Be the first to learn about trustworthy industry news by subscribing to our newsletter.

How to apply for a resident visa in Ireland via investment

• €400,000
• minimal commitment
• 5 to 6 months
• for handling a request for a residency permit
• 5 years
• time required to remain in Ireland before submitting a citizenship application

Ireland’s Immigrant Investor Program was introduced in 2012 with the goal of boosting the economy and adding employment.

Who may submit a resident permit application in Ireland? The program is open to investors with a clean criminal history, a solid reputation, and a net worth of at least 2 million euros.

The investor’s spouse or partner, as well as their young children, are also qualified for a residence visa. If they are not married and financially dependent on the investor, children between the ages of 18 and 24 are eligible to participate in the program.

Options for investments. Those who are interested in the program may choose one of four investment alternatives. Three of them let the investor to get their original investment back after three years. The contract with the fund or corporation specifies the precise timeframe.

The applicants cannot utilize loans or credit; they must invest their own money. Participation in the program is allowed from the following income sources:

• gain from a venture or investment;
• the buying and selling of things;
• gift-giving and inheritance
• capital acquired through a divorce.

If the applicant or a family member who is mentioned in the application intends to attend an Irish institution, the investment may be decreased. It has to be disclosed throughout the application process.

The papers are provided with a letter from the institution verifying the investor’s or their relative’s agreement to enroll and outlining the cost of each academic year. There is a €50,000 maximum discount.

The duration of the residency permit’s validity. A two-year residency visa for Ireland is granted. The residency card may then be renewed for a further three years and then every five years after that.

What benefits come with an Irish residency permit? Traders are given Stamp 4. They are able to live, work, and do business in Ireland with this residency permit. As long as they go to Ireland at least once a year, participants in the residence permit by investment scheme are not compelled to relocate.

How to get a residence visa in the EU for someone who is financially independent

When applying for Irish citizenship via naturalization, time spent in Ireland with Stamp 4 is taken into account. The candidate must have spent the previous eight years and the preceding 12 months in the nation in order to be eligible for citizenship.

Since Ireland is not a member of the Schengen agreement, you cannot enter or leave Europe without a visa if you have a resident permit from Ireland. Instead, investors interested in visa-free entry to the Schengen nations could think about requesting a residency permit in Portugal, Greece, Spain, or Malta via direct investment.

the procedures to get a resident visa in Ireland via investment

Submit an application to take part in the investment permit program.

Three steps are necessary to submit an application: email the needed paperwork, pay the application fee, and send your application.

Applicants must email the completed application form to iip&stepapplications@justice.ie together with a short explanation of the investment option they have chosen and, in the event of an investment in an Irish company, a business plan. Additionally, they must provide documentation that attest to the minimum capital’s availability and list their sources of revenue.

You must produce references from law enforcement authorities in any country where your family has spent more than six months during the last ten years in order to verify that you have a good reputation for all family members over the age of 16. A Due Diligence report from a respectable international organization is also provided by applicants.

You must deposit a registration fee of €1,500 into the Ministry of Justice’s account after delivering the required paperwork.

The original application must be sent as the third step. It must be accompanied by documentation showing that the registration money was paid. No more paperwork has to be sent.

to await approval

The Department of Justice investigates applicants’ backgrounds. The Evaluation Committee, which meets at least four times year, receives all applications after that. Following its examination of the applications, the Committee advises the Minister of Justice.

If the Minister accepts the application, you may go on to the next stage.

meet the investment requirement

The investor will get a letter of approval from the Evaluation Committee and the Minister of Justice. Within 90 days after the date on the letter, the investment criterion must be met.

The supporting documentation are sent to the Minister of Justice after the investor has met the investment requirement.

get a residency permit

The supporting papers are examined by the justice minister. They provide a letter of approval if everything is in order. A residency permit in Ireland obtained via investment is good for two years from the letter’s postmark date.

The investor registers for a residence permit at the Burgh Quay registration office in Dublin.

What papers are required to submit an application for an Ireland Golden Visa?

Any investment option requiring a residence visa in Ireland must have the following documents:

the authentic passport and a duplicate.

a pair of passport-size pictures.

a certified copy of the child’s birth certificate that is the original.

Original and apostille-certified copies of a spouse’s marriage license

evidence of one’s own income.

evidence that you have the money to invest.

proof of the money’s origin. Contracts for the sale and acquisition of assets, leases for real estate, contributions, and contracts for authorship are a few examples.

Proof of moral integrity for family members older than 16. This document is a certificate issued by the police departments of all the countries where they have lived for more than six months in the ten years prior to the application.

Payment of the €1,500 application fee by electronic money transfer.

Health care insurance.

When applying to invest in a business, the applicant also provides the most recent audited financial statements and a thorough business plan for the company.

To be eligible for a residence visa under the program, a financial investment must be included in the business plan. The business plan must detail how the financing will assist the company either generate or preserve jobs. The quantity of the investor’s stake in the firm and the manner in which the investor would earn a return on investment should also be expressly stated.

Applicants may use a sample to complete their business proposals.

Investment company Investors are required to provide proof of their moral integrity, financial security, and funding sources. The application may be submitted on behalf of the investor by the fund management or legal representative.

Trust for real estate investments. Investors need to state that choosing to invest in a REIT is their first choice and that they have the money to do so when applying.

The investor is not required to say which specific REIT listing he plans to invest in.

Any REIT investment made prior to receiving authorization to do so under the Immigrant Investor Program will not be regarded as an eligible investment.

Endowment. Applications must include information on how the recipient will utilize the endowment and how it will benefit the Irish public.

The Irish Embassy and the Ministry of Foreign Affairs of the applicant’s home country must apostil each document.

What paperwork is required upon approval?

Applicants and their families who have been given the thumbs up by the Evaluation Committee and the Minister for Justice and Equality will get pre-approval letters. Applicants must invest within ninety (90) days from the date of this letter.

Upon completion of the investment, the applicant must provide the following paperwork to the Minister.

Business Investment:

1. a letter from a lawyer authorized to work in the State attesting to the investment of money in an Irish business.
2. a letter from the corporation outlining the amount of investment made in the company.
3. The money has been sent, as shown by a wire transfer confirmation and an official bank statement.

Investment Company

1. a letter of affirmation from an attorney registered to practice in the state about an investment fund.
2. a letter outlining the worth of the fund’s investments, written by the fund investment manager.
3. a duplicate of the applicant’s certificate of subscription.

Trust for Real Estate Investment:

1. The document attests to the fact that an attorney authorized to practice in the State invested €2 million in the REIT.
2. corporate letter from the REIT outlining the investment value.
3. the applicant’s share certificate in copy form.

Endowment:

1. a letter from a lawyer registered to work in the state attesting to the transfer of funds to a registered charity.
2. The amount of money provided to the charity is stated in a letter from a registered charity.
3. Payment remittance and bank statements that reflect a transfer of money are examples of evidence of a transfer of monies.

A letter giving the applicant a residence permit will be sent to them after the Minister is satisfied that the investment has been made. From the date of the letter, this permission is valid for a period of two years.

How to renew a residence permit in Ireland via investment

After two years, holders may renew their residence visa in Ireland by making an investment. At least three months before your current residence permit expires, you may request a renewal.

For the first time, the bearer of a residence permit must attest:

that they have kept their investment intact;

have not grown to be an expense for the government;

have never been accused or found guilty of a crime anywhere.

The requirements for renewing a residence permit in Ireland for an additional five years are essentially the same as those for the first three-year extension.

The sole exception is that for the first renewal, the holder of a residence permit must demonstrate that they will continue to maintain their investment for three years, and for successive extensions, for five years. Investors who choose to make a charitable gift do not require to provide evidence that they have kept their investment in place.

At Ireland, you may renew your residence permit in the same location where you initially applied for it.

How to get permanent residency in Ireland

After five years of residing in Ireland, an application for Long Term Residency (permanent residency) may be made. You are now eligible to work in Ireland for the next five years without needing any further authorization.

The candidate must fulfill the following criteria:

• have a Stamp 1 or Stamp 4 showing they have resided in Ireland for at least 60 months;
• having a work permit and working on it;
• not be a burden on the state, as in not being eligible for benefits;
• remain out of problems with the law;
• not transgress the restrictions imposed by Irish residency permits;
• possess a valid Irish residence at the time of application;

both at the time of application and throughout the application process, be employed.

The application might also contain information about the permanent resident’s spouse and dependents. Additionally, the spouse must fulfill the criteria of having spent at least 60 months in Ireland. Depending on the kind of work permit the primary applicant has, non-working family members included in the application may get permits with the stamps 1G or 3.

Participants in the residence permit scheme are not eligible to apply for permanent residence in Ireland via investment. Holders of several other licenses, including the self-employed, business owners, students, and volunteers, are not eligible for this status.

How to become a citizen of Ireland

A person may become an Irish citizen by birth, adoption, naturalization, or special services. Ireland does not offer a citizenship by investment scheme; instead, prospective citizens must first get a residency permit before becoming citizens via universal naturalization.

Irish citizenship is automatically granted to children who do not already have the right to citizenship in another country.

If one parent is an Irish citizen, a newborn child may also acquire Irish citizenship at birth.

a citizen of Ireland;

a citizen of the UK;

a citizen of Ireland having the unrestricted right to dwell in Ireland and Northern Ireland;

a foreigner who had been living lawfully in Ireland for three of the four years before the child’s birth. It excludes any time spent studying or seeking shelter in Ireland.

birthright citizenship: a mother kisses her giggling child

which nations allow birthright citizenship

Children born in Ireland on or after January 1, 2005, must abide by these regulations. Any child born in Ireland was eligible to get Irish citizenship from December 1999 through May 2005.

The children of foreign ambassadors are not eligible for citizenship in Ireland. A child born to a diplomat, however, who is raising the kid with an Irish citizen, a British citizen, or an Irish permanent resident, is entitled to Irish citizenship from birth.

Citizenship through descent: Children with one Irish parent may become citizens.

Children who have at least one citizen parent are automatically granted citizenship.

a citizen of Ireland and an Irishborn person;

An Irish citizen who works in international public service was not born in Ireland.

Citizenship must be recorded in other situations.

Citizenship by descent is also available to foreign nationals whose grandparents were Irish citizens and were born in Ireland.

If at least one of the adoptive parents is an Irish citizen, the kid automatically receives citizenship.

Foreigners who have resided in Ireland for at least five of the nine years prior to application are awarded citizenship via naturalization. The candidate must have spent the preceding 12 months living in Ireland nonstop.

The following conditions must be met by an adult applicant:

• be at least 18 years old;
• having five years of residence and future intentions in Ireland;
• an excellent reputation;
• pledge loyalty to Ireland with an oath.
• 5 years
• You must reside there to get citizenship.

On behalf of their underage children, parents may apply. Children between the ages of 18 and 23 who live in Ireland with their family, attend school or university, and are financially reliant on their parents are eligible to petition for citizenship as “dependent young adults.”

Marriage and citizenship: Naturalization is the process of obtaining citizenship. In this instance, the amount of time that must have passed before submitting paperwork is cut in half to three years.

Honorary nationality. On the recommendation of the government, the President of Ireland bestows honorary citizenship as a mark of appreciation for someone who has contributed to the nation. The honored individual, their kid, or their grandchild receives the passport.

Ireland permits dual citizenship. A foreigner does not have to give up their citizenship in their home country in order to receive an Irish passport.

What advantages come with Irish citizenship?

Live in a developed nation like Ireland, where the quality of life is high and the economy is steady. In terms of GDP per person, it comes in second place globally.

Adult workers over the age of 19 were entitled to minimum hourly pay of €10.2 in 2021. According to Numbeo.com, the average wage after taxes is €2,575 per month.

European healthcare and educational systems. Both medical and educational services are free for Irish nationals in Ireland. They also get advantages in other EU countries. They spend less than non-EU citizens, for instance, since they get discounts for university education and medical care.

nations with the highest levels of education

the nations with the greatest educational systems

Relocation to any EU nation: Irish nationals are eligible to migrate to any EU nation via a streamlined process. They do not need to apply for a residence permit in advance; they simply need to go to the selected nation and register there.

Work and business in Europe. In Ireland and other European nations, Irish nationals are allowed to work and establish businesses.

Ireland is home to several multinational corporations, including Google, Apple, IBM, Facebook, LinkedIn, Cisco, Adobe, and many more. They are drawn to Ireland because of its strong economy and 12.5% active income corporate income tax rate.

Travel to 187 nations without a visa, including all of the EU and Schengen nations, as well as the United Kingdom, the United States, Canada, Japan, and Australia.

the outdoors and attractions. There are numerous natural attractions and lovely nature in Ireland.

Ireland’s lush landscape has earned it the nickname “the Emerald Isle.” Due to the almost constant rain, the fields do not change color.

Visitors may see historical sites from many ages, including medieval castles, ancient megalithic structures, and contemporary monuments. Ireland is home to a number of unique and fascinating museums. For instance, Dublin’s National Leprechaun Museum and the Guinness Beer Museum.