What are the investment options for the Irish Investor Program?
Immigrant investors can choose from the following investment options to gain Irish residency:
1) Endowments: A donation of no less than €500,000 into a philanthropic project or similar approved initiative with benefit to the Irish public can serve as the basis for a residency application under the IIP. Applicable project areas include Irish arts and culture, sports public healthcare or educational initiatives.
2) Enterprise investment: A qualifying investment of no less than €1 million can serve as the basis of an Irish residency application under the IIP. The investment must be maintained for a minimum period of 3 years. It must be noted, however, that unlike IDLF investments, Irish enterprise investments tend to carry a higher degree of potential downside risk.
3) Real Estate Investment Trusts (REITs): A minimum investment of €2 million in any Irish REIT listed on the Irish Stock Exchange, and maintained for a minimum period of 3 years, can serve as the basis for a residency application under the Irish Investor Program.
4) The Irish Diaspora Loan Fund (IDLF): A minimum investment of €1 million in this Fund, maintained for a period of 5 years, will qualify the foreign investor to apply for Irish residency.
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