Know the Surprising Advantages of The Irish IIP Programme

Ireland is quickly gaining the reputation of becoming the most modern land of innovation, technology, and a growing digital economy. Today, Ireland stands out as one of the most lucid destinations for entrepreneurs and investors that desire long-term residency and citizenship in Europe.

The Irish Immigrant Investor Programme (IIP Programme) or Golden Visa is a residency by investment scheme that is available to any non-European Economic Area (EEA) nationals who agree to invest a minimum of €1 million in Ireland and hold it for 5 years, and who also have a net worth of €2 million.

Top 10 Surprising Advantages of The Irish IIP:

1. Irish Residency

You will get your Irish residency permit (Stamp 4) after your IIP application is approved. And for the next two years, you and your family can safely live, study, work, or start a business in the country with the permit. You can also travel throughout the EU and Schengen zone.

2. Eligibility for Irish Citizenship

After completing full-time residency for five years, you and your family can apply for Irish citizenship. With the citizenship and passport in your hand, you can reside, study, or work in any EU country without any additional visa requirements.

3. Access to the UK and EU

Ireland is the only EU country that holds a Common Travel Area agreement with the UK which allows the citizens of both countries to travel, study, and work freely between the two nations.

4. Discounted Education

Ireland is the home to two of the top universities in Europe. Should your children decide to go to a university in Ireland, you can avail of a €50,000 discount incentive from your IIP investment to support it.

5. Did you know that it has a High-Rank Passport

Irish passport allows you to travel 87.7% of the world without a visa? Right side. The Irish passport is one of the most valuable passports in terms of value and gives you access to 199 countries and territories around the world.

6. Ease of Communication

Ireland is the only country in the EU where English is the official mother tongue. As a result, English is the third most spoken language in the world, making it easy for most immigrants to communicate in Ireland.

7. Minimum Residency Requirements To maintain

Permanent residency, you only need to stay in Ireland one day a year until you apply for an Irish passport. This is one of the lowest residency requirements compared to other EU country programs.

8. High Standard of Living

Ireland offers a competitive quality of life and ranks second in the Human Development Index. If you’re looking for a life balance that keeps you in the best of health, Ireland is the place to be.

Final Words

With so many benefits of the Irish IIP programme or Golden Visa Ireland, it is becoming the hotspot for those who want to invest or stay for a long term in the country. Being a flourishing economy and one of the most hospitable countries, it is a highly attractive destination for businessmen looking to relocate and develop their business in Europe.