Immigrant Investor
Immigrant Investor Programme
What Is The IIP?
What is The IIP?
Kavco Capital and the Irish
Immigrant Investment Programme
The Irish government introduced the Immigrant Investor Program (IIP) in 2012 to encourage business professionals and investors from outside the European Economic Area (EEA) to invest and locate their business interests in Ireland. The program permits eligible candidates to acquire residency status in Ireland.
Ireland is the latest country to join the growing trend of countries adopting investment immigration programmes. The Irish Immigrant Investment Programme (IIIP) provides a route to citizenship for non-EEA nationals and their families with over €2 million in net worth, Kavco Capital can provide assistance application process for suitable applicants that invest €1 million in IIP-qualified projects for a minimum of three years.
What is the IIP?
Kavco Capital and the Irish
Immigrant Investment Programme
Lately we noticed that the desire of Hong Kong families to emigrate has increased sharply, Today, with more than €800 million investment from its resident investors, the IIP is growing at a fast pace.
One key factor for its high success rate is that there is no cap on the annual applications. Investors are welcome to apply to the Immigrant Investor Programme at any time.
Ireland’s immigration investor program is flexible and fast-tracked. It typically takes six months for approval and Ireland does not require you to spend more than one day per year in the country to maintain your residency. In other words, you can obtain a foreign residency without relocating.
In addition, Ireland is the only English-speaking country in the European Union, which presents fewer language barriers for Hong Kong emigrants.
Immigrant Investor Programme
Why Invest In Ireland’s Economy?
It is predicted that Ireland will experience one of the fastest economic growth rates in Europe over the next four years.
The country’s GDP is expected to grow at a rate of 2.3% per annum from 2018 to 2022, which is more than double the EU average.
Immigrant Investor Programme Options
There are four possible investment options to choose from. Ireland has a unique mix of advantages that make it an appealing destination for investment including it’s strong digital infrastructure, innovation record and highly skilled workforce, combined with a supportive Government committing to further reforms.
Real Estate Investment Trusts
This requires a €2 million investment for a period of at least 3 years.
Enterprise Investment:
This requires a €1 million investment to a qualifying Irish enterprise for a minimum of 3 years.
Investment Fund:
This requires €1 million to be invested in an approved fund for a minimum of 3 years.
Endowment:
This requires a philanthropic donation of €500,000.
What is the Enterprise Investment Option?
IIP Investment Options
Only investments approved by the Evaluation Committee will qualify an investor for residency in Ireland. KAVCO Capital operates under the Enterprise Investment Option and has provided social housing units to many governments and AHBs in the past. Investments in social housing are eligible for IIP benefits.
The development of social /affordable housing is a key priority for the Irish government with a target to deliver over 138,000 additional social housing homes by the end of 2022.
The availability of appropriate development finance to support growth in this sector is recognised as a contributing factor. KAVCO takes a conservative approach to invest in this sector and will only commit funding when a local government or AHB contract is already in place to purchase or lease all of the properties constructed.
We strive to deliver lasting change for the communities we work with.
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