The Enterprise Investment Programme
The Immigrant Investor Programme (IIP) is a great opportunity for wealthy investors to secure immigration permission to Ireland on the basis of a long term investment of a sum of money in a project which has been approved for that purpose by the Irish Department of Justice and other Government stakeholders.The programme is designed to encourage investors and business professionals from outside the European Economic Area to avail of opportunities of investing and locating their business interests in Ireland and acquire a secure residency status in Ireland. Applicants to the IIP must be high net worth individuals with a personal wealth of at least €2 million. The IIP requires applicants to invest a minimum of €1 million for a minimum of three years. The funds used for an investment must be from the applicant’s own resources and not financed through a loan or other such facility.
The Irish Visa Investment Agency can offer an asset backed social housing investment which meets this criteria. You only invest after your official approval has been obtained.
This is by far, the most popular of the four investment options. It is the one we recommend the most.
The Social Housing Shortage in Ireland
The Irish Government has made a committment to increase the
supply of housing to an average of 33,000 houses per year in Ireland over the
next decade.
It is keen to encourage investment in social housing.
It has committed guaranteed state funding of over €4 billion every year.
This is the highest ever level of government investment in building
social and affordable housing.
The Irish Visa Investment Agency can offer you a real estate
investment in a social housing development.
We can help you invest in an a secure, asset backed
social housing investment
and obtain your Irish residency.
The investment requirements
You may apply to become an investor in the social housing investment if:
- You are a person of good character
- You have not been convicted of a criminal offence in any jurisdiction
- You are willing to invest €1 million in the social housing investment.
- You can provide proof of good character.
The benefits
Some of the benefits are:
- This is an asset backed investment
- Fully secured
- A guaranteed exit strategy
- The real estate company will guarantee to repay the €1,000,000 investment after 5 years from the sale of the asset.
The three stages to your application
You establish your interest in applying for the Immigrant Investor Programme and sign a contract with the Irish Visa Investment Agency. You will then pay our standard fee to a solicitor.
We will then start the process of gathering all of the necessary paperwork to facilitate your visa application. We will ensure that the legal documentation is fully completed and all requirements are met.
The appointed solicitor fully examines the legal documents and finalises the application forms.
They lodge the application with the INIS and pay the application fee on your behalf.
When the INIS approves your application, usually within three months, the solicitor receives an official letter confirming your approval.The solicitor will notify you of this. You must lodge €1,000,000 with the solicitor within 2 weeks of being notified.
At this point the project operation and management fees due to Irish Visa Investment Agency are paid. Our consultants manage the project on your behalf. We will continue with the procedure so that you obtain your residency as quickly as possible.The projects:
- Housing development in the Greater Dublin area.
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