Investment Advice for Irish Residents provides investment advice and sells investment products in Ireland. They are required to carry out an assessment of your personal circumstances (knowledge/experience, risk tolerance and financial situation) before recommending any investments. They must also ensure that any communications they give you are clear, factual and informative.
Investors are generally advised to keep an emergency fund to cover at least six months of living expenses before investing their savings. In addition, before investing any money, it is important to check whether you have existing debt that may incur interest charges. The return on an investment is likely to be less than the interest accruing on a debt, so it is usually better to pay off any existing debt first.
Expert Investment Guidance for Residents of Ireland
For the purposes of the Ireland Golden Visa programme, it is essential that an individual maintains their investment for the required period of time and does not divest early. If the individual continues to meet the requirements for residency by investment and remains financially stable and of good character, they will be eligible to apply for an extension of their residence permit in the future.
In this option, an immigrant invests at least EUR2 million in one or more qualifying real estate investment trusts (REITs) for three years. Applicants may sell up to 50 percent of their shares after three years. However, they must continue to hold at least the original number of shares for a further three years in order to qualify for a residency extension under this track.