Irish Economy

Investing in Ireland's economy is a great opportunity for overseas individuals to support it and obtain residency via the IIP programme.

Why Invest In Ireland's Economy?

  • Ireland has been and continues to be the fast growing economy in the EU. Despite the global challenges of Covid, the Irish Economic and Social Research Institute has predicted that Ireland will continue to grow in 2021, saying that “There are few economies globally that will grow this year and the Irish economy will grow at a rate that would have been the envy of many European economies before the pandemic.”

Interested in learning about investing in Ireland?

Key Factors

Significant FDI

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Ireland has a huge track record of foreign direct investment – becoming known now as the Silicon Valley of Europe. The Emerald Isle is home to all of the leading companies in the world including Google, Apple, Facebook, AirBnB, Twitter, Intel, Cisco, Microsoft, Huawei,  Salesforce, LinkedIn, Dropbox, PayPal, Pfizer, Johnson & Johnson, Novartis, Medtronic. In fact, Corporate America has invested more in Ireland than it has invested in Brazil, Russia, India and China – combined!

Dynamic economy

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Ireland’s dynamic economy creates a welcoming environment for new talents from the finance, medical and technology professions – a reassuring detail for those hoping to develop successful careers upon arriving in the country. Finally, Ireland’s corporate tax rate is only 12.5% – one of the lowest in Europe. Companies can avail of a 25% tax break against R&D development costs, and the country enjoys double taxation treaties with over 60 countries worldwide.

Technology hub

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We are a member of the WTO, OECD and the EU and we boast a world-class infrastructure. We are a technology hub too. Many of the world’s top multinational and tech companies (including, Twitter, Google, Microsoft, Pfizer, Intel, and Facebook) call Ireland ‘home’.

High GDP

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Ireland is a wealthy country, ranking sixth highest in the world and ahead of USA, UK, UAE, Norway, Hong Kong, Switzerland.