As of March 2020, a minimum IDLF fund investment of €1 million is required for a period of 5 years in order to apply for Irish residency under the Irish Immigrant Investor Program.
As a single example of how the fund works in practice, hotels enter a 5 year loan agreement with the fund, with the IDLF holding security over the hotel's property asset until such time as the loan amount has been settled in full. At the end of this loan agreement, the hotel typically refinances at [...]
The IDLF typically appeals to foreign investors applying for the IIP who seek a low-risk, highly regulated and reputable investment option. The Fund is structured as a Qualifying Investor Alternative Investment Fund (QIAIF). IDLF applicants are typically families, with the primary applicant being an accomplished business professional who travels internationally quite frequently, while their spouse [...]