Ireland Startup Visa -Your Path to Entrepreneurship

Ireland Startup Visa

Are you an entrepreneur looking to establish a high potential startup business in a vibrant and dynamic environment? Consider Ireland Startup Visa, a country renowned for its supportive ecosystem, strategic location, and generous tax regime. Let’s explore how the Ireland Startup Entrepreneur Program (STEP) can pave your way to success. Under the Start-up Entrepreneur Programme, foreign entrepreneurs may obtain a temporary residence permit in Ireland if their start-up project is considered a High Potential Start-Up (HPSU) venture.

Why Choose Ireland?

Ireland boasts a thriving tech scene with giants like Facebook, Apple, and Google calling it home. The country’s strategic position provides easy access to the European market, while its government support through low taxes makes it a prime destination for startups.

Eligibility Criteria

To qualify for the Ireland Startup Visa, you must meet the following criteria:

  • Good character with no criminal convictions
  • Innovative business proposal benefiting the Irish economy
  • Funding capacity of €50,000 EUR

A “high potential startup” is characterized by:

  • Introduction of new or innovative products/services to international markets
  • Creation of 10 jobs in Ireland and achieving €1 million in sales within 3-4 years
  • Experienced management team
  • Headquarters and control in Ireland
  • Less than 6 years old

Application Process

  1. Submission: Complete the STEP application form, submit a comprehensive business plan, and provide necessary supporting documents to the STEP evaluation committee.
  2. Acceptance: Upon acceptance, transfer the funds to a Central Bank of Ireland-regulated institution and submit an affidavit of good character for you and your family.
  3. Residence Permit: Receive your residence permit upon successful processing.

Required Documents

  • Completed STEP programme application form
  • Comprehensive business plan
  • Most recent audited accounts (if applicable)
  • Proof of access to €50,000 EUR in funding
    • Personal funds: Original letter or bank statements from a regulated financial institution
    • Third-party funds: Letters confirming fund amounts and usage permissions
  • Evidence of private medical insurance
  • Police certificates from relevant countries

Application fee

€350 EUR

Benefits of Ireland Startup Visa

  1. Market Exposure: Access the Irish and European markets, building valuable networks.
  2. Path to Residency: Opportunity to apply for permanent residency in Ireland.
  3. Reasonable Investment: Minimum investment of €50,000 EUR with various funding options.
  4. Tax Regime: Enjoy Ireland’s favorable tax environment, including a 12.5% corporate tax rate and R&D tax credits.
  5. Family Inclusion: Bring your family along, benefiting from Ireland’s education and infrastructure.

If you are interested in this program and have an innovative business idea, you can send the pitch deck in PDF format to priya@thesuccessimmigration.com for a preliminary eligibility check. 

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