Ireland Startup Entrepreneur Visa

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Ireland
About
Requirements
Cost of Living
Expats
Talent Migration

About

The purpose of the Start-up Entrepreneur Programme is to enable non-EEA nationals and their families who commit to a high potential start-up business in Ireland to acquire secure residency status in Ireland.


The programme provides that migrants with a proposal for a high potential start-up in the innovation economy and funding of €75,000 can be given residency in this State for the purposes of developing their business. No initial job creation targets will be set as it is recognised that such businesses can take some time to get off the ground.


Note: Where a proposal has more than one principal, other than family members, seeking to avail of this programme then each principal will be required to demonstrate access to €75,000 funding.


Duration: 2 Years


Application Procedure:


It consists of two stages:


  1. Application for investment submission and evaluation: In the application, stage candidates will submit their application forms and all supporting documentation as well as the required details of their enterprise proposals for approval by the Evaluation Committee. The Evaluation Committee will consider the proposal and may seek further information from the candidate if required. It should be noted that the Evaluation Committee will only communicate with the candidate and they're nominated a legal or financial representative.

  2. Issue of residence permission: Applicants who are successful and whose business proposals are approved will be issued with the residence permissions provided that the conditions are met:

  • The required funding has been transferred to a financial institution regulated by the Central Bank of Ireland and

  • The applicant, and if relevant their spouse/partner, has submitted the required affidavit attesting to their good character and lack of criminal convictions. Applicants will be facilitated with an Irish visa, if required, to pursue this affidavit.


The processing fee for this visa is 390 USD approx.


You can bring your spouse and kids along. The processing time might be 4-6 weeks

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Duration

24 month(s)

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Citizenship

120 Month(s)

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Fees

390 USD approx.

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P. Residency

60 Month(s)

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Processing time

3 to 4 week(s)

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COMPLEXITY

Low

What are eligibility requirements for the Ireland Startup Entrepreneur Visa?

7 Eligibility Requirements

  • You must Introduce a 'new or innovative' product or service in Ireland
  • You need a strong financial backing of €75,000 or more, which you can provide evidence for
  • You must establish and control the headquarter from Ireland
  • Start-up must be capable of creating 10 jobs in Ireland and releasing €1 million in sales within three to four years of starting up.
  • You must not use public funds.
  • You must have start-up venture that is less than six years old.
  • Startup must be led by an experienced management team.

Which documents do I need to apply for the Ireland Startup Entrepreneur Visa?

5 Document Required

  • Copies of detailed and good innovative business plain.
  • Copies of proof of strong financial backing more than €75,000, in terms of bank statement, a business loan, business Angel/Venture Capital funding or grant from an Irish State Agency
  • Evidence that the money can be transferred to Ireland and converted into Euros
  • Statement of character from the police authority
  • If an existing business which you plan to relocate to Ireland, you must provide the business's most recent audited accounts

Talent Migration data for Ireland

Talent gain & drain map of 2015-2019 data. Sourced from World Bank Digital Development Data.

Disclaimer: Visadb.io is a FREE visa database and Immigration Expert Marketplace. The information displayed in this page is not legal advice. Please speak to an Expert before applying.

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