Ireland Immigrant Investor Programme (IIP)
Ireland IRL
IMPORTANT: The Ireland Immigrant Investor Programme (IIP) was officially suspended on 15 February 2023 and is no longer accepting new applications. When it was active, the programme offered Stamp 4 residence permission to non-EEA nationals making a minimum qualifying investment of €1 million in an Irish enterprise, Irish government bonds, a real estate investment trust, or a qualifying endowment. No replacement programme had been announced as of mid-2024.
Program Details
- Category
- Investment
- Processing Time
- 6 months
- Application Fee
- $1,500
- Minimum Income
- —
- Minimum Investment
- $1,090,000
- Family Included
- Spouse and dependent children were included under the programme when it was active
- Path to PR
- Yes — 5 years
- Path to Citizenship
- Yes — 5 years
- Physical Presence
- No minimum physical presence requirement was imposed under this programme — one day's presence in Ireland per year was sufficient to maintain the permission.
- Dual Citizenship
- Allowed
- Tax Impact
- Ireland's tax residency rules apply based on physical presence (183 days in a year, or 280 days across two years). Since the programme imposed no minimum presence requirement, many holders did not become Irish tax residents.
Application Timeline
Apply
6mo processing
Visa Granted
Initial permit
Permanent Residency
After 5 years
Citizenship
After 5 years
Key Requirements
- ✓PROGRAMME SUSPENDED — no new applications accepted since 15 February 2023
- ✓Minimum qualifying investment of €1,000,000 (enterprise investment, investment fund, real estate investment trust, or endowment)
- ✓Proof of legally acquired net worth of at least €2,000,000
- ✓Clean criminal record
- ✓Valid passport
- ✓Business plan or investment proposal (for enterprise investments)
Am I eligible for Ireland Immigrant Investor Programme (IIP)?
Quick self-check based on the published criteria. Not legal advice. No data leaves your browser.
Minimum investment / capital
Programme requires $1,090,000.
Fill in the fields above to see a verdict.
This is a heuristic, not a determination. Final eligibility depends on full documentation and immigration-officer discretion.
Application Process — Step by Step
- 01
NOTE: Immigrant Investor Programme SUSPENDED since February 2023
home countryThe Irish Immigrant Investor Programme (IIP) stopped accepting new applications on 15 February 2023. Existing approved applicants continue to be processed. No new investor path into Ireland via this programme.
Typical duration: N/A — closedsource ↗
- 02
Historical route (closed): €1M investment in enterprise/fund
home countryRequired €1M investment in approved enterprise/fund for 3+ years, OR €2M real estate investment (REIT), OR €500k philanthropic donation.
Typical duration: N/Asource ↗
Documents Required
| Document | Issued By | Apostille | Translate to | Validity (days) |
|---|---|---|---|---|
| Historical requirements no longer applicable | N/A | No | — | — |
Realistic Costs
Programme closed to new applicants.
Realistic Timeline
- Consulate wait0–0 weeks
Existing pre-Feb 2023 approved applicants continue to be processed. No new applications accepted.
Renewal
- First renewal after
- 0 months
- Subsequent cycle
- 0 months
- Renewal fee
- $0
- Requirements
- N/A for new applicants; existing approved IIP holders follow legacy renewal rules.
Path to Permanent Residency — Details
- Years required
- 5
- Integration test
- Not required
Path to Citizenship — Details
- Years required
- 5
- Language test
- No
- Civic test
- Not required
- Oath
- Required
- Dual citizenship
- Allowed
Tax Residency
- Trigger
- 183 days/year of presence
- Taxation scope
- Worldwide income
- Exit-tax country
- Yes
Health Insurance
- Mandatory
- Yes
Examples: VHI, Laya, Irish Life Health
Family Specifics
- Spouse work rights
- N/A
- Child school enrolment
- N/A
- Parent inclusion
- Not eligible
- Sibling inclusion
- Not eligible
Gotchas — Things to Watch For
- ⚠CLOSED TO NEW APPLICATIONS since 15 February 2023
- ⚠Irish government cited concerns over anti-money-laundering and due diligence as closure reasons
- ⚠No direct replacement programme — Ireland does not currently have a residency-by-investment path
- ⚠Alternative routes: Critical Skills Employment Permit, Start-up Entrepreneur Programme (STEP)
What This Visa Does NOT Allow
- ×New applications
Common Rejection Reasons
- •Application submitted after 15 February 2023 (not accepted)
Recent Legislative Changes
2023-02-15
Ireland Immigrant Investor Programme closed to new applications.source ↗
Frequently Asked Questions
Is there any way to invest into Ireland for residency?+
Not via a dedicated IIP path as of February 2023. Alternatives: (1) Start-up Entrepreneur Programme (STEP) with €75,000+ startup investment, (2) Critical Skills Employment Permit for skilled workers, (3) Join spouse/family of Irish citizen. Ireland does not plan to reopen IIP as of 2024.
Applying from a specific country? Your home-country tax rules, banking access, and dual-citizenship options affect every programme differently. Browse nationality guides → for tax obligations, renunciation rules, and second-passport routes.
Related Guides
Comparable Programs
Ireland Critical Skills Employment Permit
ireland · skilled worker
Compare Ireland Immigrant Investor Programme (IIP) vs Ireland Critical Skills Employment Permit →