Irish immigration policy

Introduction to the latest Irish investment immigration policy

Irish investment immigration policy 20 12 was announced. 20 13 immigration law was formally introduced into the domestic market recently after it was revised and relaxed. Irish immigration project has been favored by many domestic investors because of its advantages of less investment, quick and convenient investment channels and loose immigration supervision requirements. Ireland has always been a country of immigration, but investment immigration has just opened recently.

People who go to Ireland to invest in immigrants need to have a general understanding of Ireland's investment environment before investing, and should understand Ireland's preferential policies for introducing foreign capital.

Besides the International Development Association, there are several other institutions responsible for promoting economic development, namely:

(1) Shannon development

At first, the agency was only responsible for the development of the Shannon Airport Free Zone, and later its functions were expanded to be responsible for the development of the entire Shannon area. (Irish investment immigrants) Its purpose is to build Shannon into an international manufacturing and service center, support local enterprises, and promote tourism and rural development. The funds provided by this institution are basically the same as IDA.

② The Celtic Development Agency (Udara na Gaeltachta)

The agency is responsible for attracting foreign investment to develop the Celtic region. Celtic is a remote and sparsely populated rural area on the southwest coast of Ireland, and people still use old Irish. The agency aims to increase employment and promote economic development in the region, focusing on supporting industries and export-oriented projects that use natural resources. The scope of funding provided by this institution is basically the same as IDA, but its proportion is undoubtedly the highest.

(3) Foreign-invested enterprises are also eligible to apply for funds managed by the EU. Business-related is mainly the R&D funding established by the EU's "Sixth Framework Plan for R&D Activities", with the maximum funding reaching 50% of the project cost. But one of the important conditions is that the applicant company must cooperate with at least two domestic companies or universities or scientific research institutions in the European Union, and the company cannot be an affiliated company.