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Countries that have historically offered citizenship by investment include Austria, [4] Cyprus (closed), Ireland (closed), Moldova (closed) [5] [6] and Montenegro (closed 31 December 2022). [ 7 ] Annually, an estimated 50,000 people, including family members of those who apply, obtain citizenship through investment programs, worldwide.
In 1988, a citizenship by investment pathway was created ostensibly to attract foreign investment into the country as a way to help lower the high unemployment rate. A foreigner could acquire Irish citizenship through this programme after investing IR£1 million in a business with the goal of creating or maintaining 10 jobs for at least five years.
The level of investment required also varies between countries and programs. For example, Caribbean citizenship-by-investment programs require less of an investment than those programs in the EU. In Dominica the minimum investment required is USD $200,000 [7] and St. Kitts and Nevis the minimum investment required is USD $250,000 [25]
O’Leary also holds Irish citizenship, which he acquired through descent. If you have parents or grandparents from Ireland, you can apply for Irish citizenship. In some cases, even great ...
An easier route for people from the Republic of Ireland to get British citizenship has moved a step closer to becoming law. The British Nationality (Irish Citizens) Bill, which has passed the ...
The Service is structured around a number of key areas: asylum, visa, immigration and citizenship processing, asylum and immigration policy, repatriation and reception and integration. The agency also maintains close contact with the Garda National Immigration Bureau (GNIB) in relation to many aspects of its work including, deportations and ...
However, he does not invest in stocks of gold-mining companies because he says cash flow is an important investment factor to him. [58] [59] [60] O'Leary also advises diversification in multiple industry sectors while dedicating no more than 20 percent of one's financial portfolio being concentrated in one sector. [61] [62]
The system of citizenship registration was established by the Irish Nationality and Citizenship Act, 1956. [2] A person born outside Ireland to an Irish-citizen parent who was also born outside Ireland may acquire Irish citizenship by registering onto the Foreign Births Register or a Foreign Births Entry Book. [ 3 ]