Investors looking to acquire Irish permanent residency have the following investment option:<\/p>\n
1) EUR 1 million into a tourism fund.<\/p>\n
Funds are deemed low-risk funds structured to provide funding to Government approved areas of interest. Such areas include tourism, social housing and healthcare sectors amongst others. Funds are regulated by the Central Bank of Ireland.<\/p>\n[\/vc_column_text][divider line_type=”No Line” custom_height=”20″][nectar_animated_title heading_tag=”h5″ style=”color-strip-reveal” color=”Accent-Color” text=”1) Tourism Fund”][divider line_type=”No Line” custom_height=”20″][vc_column_text]\n
The Fund is a Central Bank of Ireland approved loan fund which provides lower cost, asset-secured financing to the Irish 4 and 5-star hotel sector. Loans are provided to suitable Irish hotels on more favourable terms compared with traditional banking institutions and are secured against the hotel property. The Investor must invest 1 million EUR for a five-year term to meet the requirements of the program.<\/p>\n[\/vc_column_text][divider line_type=”No Line” custom_height=”20″][nectar_horizontal_list_item columns=”2″ column_layout_using_2_columns=”large_first” col_1_text_align=”left” col_2_text_align=”right” font_family=”p” hover_color=”accent-color” col_1_content=”Minimum amount” col_2_content=”EUR 1 Million”][divider line_type=”No Line” custom_height=”20″][vc_custom_heading text=”Government fees and administration fees” font_container=”tag:h4|text_align:left|color:%2306324b” use_theme_fonts=”yes”][vc_column_text]In addition to the investment there are government to be paid:[\/vc_column_text][divider line_type=”No Line” custom_height=”20″][vc_column_text]\n
Administration Fees<\/p>\n[\/vc_column_text][divider line_type=”No Line” custom_height=”20″][nectar_horizontal_list_item columns=”2″ column_layout_using_2_columns=”large_first” col_1_text_align=”left” col_2_text_align=”right” font_family=”p” hover_color=”accent-color” col_1_content=”Per application” col_2_content=”EUR 75,000″][divider line_type=”No Line” custom_height=”20″][vc_column_text]\n
Government Fees<\/p>\n[\/vc_column_text][divider line_type=”No Line” custom_height=”20″][nectar_horizontal_list_item columns=”2″ column_layout_using_2_columns=”large_first” col_1_text_align=”left” col_2_text_align=”right” font_family=”p” hover_color=”accent-color” col_1_content=”Per application” col_2_content=”EUR 1,500″][divider line_type=”No Line” custom_height=”20″][vc_custom_heading text=”Conditions” font_container=”tag:h4|text_align:left|color:%2306324b” use_theme_fonts=”yes”][vc_column_text]\n
The investment must be maintained for at least five years. After which, applicants may withdraw their funds and continue to receive permanent residency. Applicants must be of good character and have not been convicted of criminal offences in any jurisdiction. Applicants must show the source of their wealth and documentation which supports a net worth of 2 EUR million.<\/p>\n[\/vc_column_text][divider line_type=”No Line” custom_height=”20″][vc_column_text el_class=”text-citizenship”]Savory & Partners professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A full-itemized quotation with no hidden costs is provided.[\/vc_column_text][\/vc_column][vc_column column_padding=”padding-2-percent” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”3px” el_class=”sdbr” width=”1\/3″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” bg_image_animation=”none” offset=”vc_col-lg-4″][vc_widget_sidebar enable_sticky=”true” sidebar_id=”page-sidebar”][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"
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