Last year, nearly 5,000 Irish people became millionaires, all benefiting from the appreciation of assets and property values.
According to the 2017 Wealth Report released by a real estate brokerage and appraisal agency, the rich will become even richer. Approximately 24,900 Irish people are set to become millionaires. The annual report indicates that there are currently 83,100 millionaires in Ireland with investable assets of over $1 million (€950,000), excluding their primary residences. This figure represents a 6% increase over 2015.
The number of individuals with over $10 million in wealth has grown from 160 to 2,760. Furthermore, 50 Irish individuals now have a net worth exceeding $30 million. Additionally, a total of 8 Irish individuals have made it onto the billionaire list.
It is not just the situation of the wealthy that has improved; data shows that the average Irish household wealth is currently €141,427, an increase of 3.7% compared to the third quarter of 2016, with real estate prices largely driving this growth. Because of a 14.7% increase in real estate income over the past five years, Ireland is considered a global "star" in the real estate sector, alongside Indonesia and the United States.
Invest in Ireland and Achieve Your Future Dreams!
Some firms project that by 2026, there will be over 100,000 millionaires in Ireland in total. That would probably be enough to circle Dublin, right? Don't just envy them; invest in Ireland through immigration, and you might be the next millionaire.
Today, Ireland's economy is growing strongly, making it the perfect time to invest. Each investor only needs to make a one-time investment of €1 million into a local Irish enterprise for at least three years, and can apply for citizenship after residing in the country for a cumulative 5 years within an 8-year period. Immigrating to Ireland offers no residency requirements (no "immigration jail"), no language or academic requirements, and an Irish passport allows visa-free or visa-on-arrival access to over 170 countries, enabling you to travel whenever you wish. Most importantly, investing in Ireland is low-risk, with approval granted before investment, ensuring capital safety and investment security, while also providing access to numerous generous benefits. If you are interested in immigrating to Ireland, please call our hotline: 400-138-2929.
