Permanent Residency by Investment in Ireland. ... After five years, the applicant and his family members may be eligible to apply for Irish citizenship and passport, provided the following conditions are met: they have resided in Ireland for five of the preceding nine years, including the 12 … Getting Ireland Citizenship by Investment. Wealthy foreign nationals can obtain Irish residency through the Ireland Investor Visa. However, it provides you with a renewable residence permit, and you can apply for Ireland citizenship through naturalization if you fulfill the conditions the same way as other foreign nationals. According to Art 16 (a) of the 1956 Irish Nationality and Citizenship Act exceptional naturalisation could be granted to people of ‘Irish descent or Irish associations’ while waiving other criteria. Another year after that, you can divest an additional 25% of the purchased shares. Today we received our passports, a happy day. Ireland is also one of the easiest countries to get dual citizenship. The fund manager must have an established record of managing regulated funds in order to be eligible under this program.You can find out which Investment Funds are approved for this program by contacting the Irish Naturalisation and Immigration Service (INIS).You must invest at least €2 million in an Irish REIT which is listed on the Irish Stock Exchange. For a U.S. citizen, obtaining a second citizenship in Ireland has no real drawbacks and several benefits, one of them significant. The fund you invest in must be pre-approved for the Immigrant Investor Programme. The INIS publishes the dates when the windows for the application will be open every year.For 2019, the windows for application are as follows:Before you invest in any Irish fund, you must make an online application at the Irish Naturalisation and Immigration Service (INIS) of the Ministry for Justice and Equality.You start by filling out the online application form and collecting all the required documents. In addition, the fund in which you invest must use the money you invested in a manner which follows the guidelines of the IIP.The fund you invest in, as well as the fund managers, have to be regulated by the Central Bank of Ireland. The Ireland citizenship by investment program was running in Europe from 1989 to 1994.The subsequent Irish Nationality and Citizenship Act (2004) limited the associations to relationship to an Irish citizen by ‘by blood, affinity or adoption’ thus terminating the investor citizenship program (see Handoll 2009).The  citizenship by investment scheme operated by the Irish government allowed anybody to make a one-time investment of Under the scheme, introduced in 1984, applicants seeking naturalisation had to make an investment of £1 million per person in the State. We asked for the cheapest family passport, they went as far as providing us a discount” – Muhamed,  UAE“Thank you for your excellent service. The investment had to be for Beneficiaries also had to buy a home in Ireland and reside there for No passport issued under the Irish investor citizenship scheme has ever been revoked.Investors must satisfy any one of the investment conditions:Investors are granted residency permission under “Stamp 4” conditions.Residency under “Stamp 4” permits investors to work, study, access state funds and services as determined by Government departments or agencies, start and conduct their own business in Ireland (i.e. After five years have passed since you purchased the shares, you could divest them fully, if you wished.The endowment option is the most direct method of investing in Irish economy. The Immigrant Investor Programme does not promise immediate Irish citizenship to the foreign investor.

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