As one of the developed countries in Western Europe, Ireland possesses many unique advantages, making it a highly sought-after immigration destination for numerous high-net-worth Chinese families.
Investment Haven
Ireland, an EU member state adjacent to the UK with deep-rooted ties, is synonymous with the "Celtic Tiger" and the "Silicon Valley of Europe," serving as a gateway for businesses to access European and global markets.
Tax Advantages
Ireland's tax system is open, stable, and transparent, offering a 25% R&D tax credit and participating in a network of 72 tax treaties. Its 12.5% corporate tax rate is also the lowest in the entire EU. Favorable tax policies, a familiar legal system, and a highly qualified workforce make Ireland an ideal overseas investment destination for Chinese investors. Ireland's labor productivity ranks among the highest in the world.
One of the Best Countries for Business
Forbes magazine once ranked Ireland as the fourth best country in the world for business. Ireland possesses one of the most resilient supply chains globally—ranking 4th out of 130 countries in the 2015 FM Global Resilience Index—and is also one of the most economically free countries in the world.
Due to its advantages as a tax haven and a hub for top global companies, Ireland has sparked a new wave of interest among investment immigrants. Currently, investors only need to invest 1 million euros into an enterprise project designated by the Irish government to apply for residency for their entire family. After meeting certain residency requirements, they can apply for an Irish passport, immigrate to Ireland, and enjoy a high-quality life.
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