Top 3 Residency By Investment Programs in English speaking countries 2022

Migrant investors seek alternative residency for a plethora of reasons, yet in most instances, safety, taxation, economic stability, quality of education and career opportunities are all key considerations.

Below, we highlight 3 of the world’s flagship Residency By Investment Programs for 2022.

UK Tier 1 Investor Visa vs US EB-5 vs Irish IIP

CONSIDERATION

TIER 1 INVESTOR VISA PROGRAM

US EB-5 INVESTOR VISA PROGRAM

IRISH IMMIGRANT INVESTOR VISA PROGRAM

Minimum Investment Requirements

  • £2 million (5 year residency requirement + 1 year ILR prior to citizenship eligibility = 6 years to British citizenship);

  • £5 million (3 year residency requirement + 1 year ILR prior to citizenship eligibility = 4 years to British citizenship);

  • £10 million (2 year residency requirement  + 1 year ILR prior to citizenship eligibility = 3 years to British citizenship).

Investments in real estate focused instruments are not eligible under the Tier 1 Investor Visa Program.

On June 22, 2021, a US District Court, in the Behring Regional Center LLC v. Wolf, 20-cv-09263-JSC case, annulled the EB-5 Immigrant Investor Program Modernization Final Rule (PDF).

While USCIS considers this decision, the EB-5 regulations that were in place prior to November, 21, 2019, will still be applicable.

  • Standard minimum for Direct EB-5 investments: $1 million;

  • Minimum investment amount for Targeted Employment Area (TEA) investments: $500,000.

  • Donation: €500,000;

  • Fund or Enterprise Investments: €1 million

  • REIT Investments: €2 million

Minimum Investment Holding Periods

  • £2 million: 6 year path to British citizenship;

  • £5 million: 4 year path to British citizenship;

  • £10 million: 3 year path to British citizenship.

USCIS requires EB-5 investors to maintain their investment “at risk” during the two years of conditional permanent residency.

3 years+

Eligible Investment Instruments (Investment Categories)

Eligible bond and equity instruments. Real estate focused and foreign instruments are not eligible under the Tier 1 Investor Program.

  • Standard EB-5 Investments: $1 million+;

  • Direct EB-5 Investments: $500,000

  • Irish Real Estate Investment Trust (REIT) investments: €2 million;

  • Irish Enterprise Investments: €1 million;

  • Approved Investment Fund Investments: €1 million

  • Donations: €500,000. (Where 4 or more applicants donate in concert, the minimum eligible donation amount is reduced to €400,000 per applicant.)

Minimum Stay Requirements

Yes. You’ll need to spend 183+ days per year throughout your residency period in order to become eligible to apply for indefinite leave to remain, and for citizenship, after an additional 12 months of holding ILR status.

Yes. You’ll have to maintain continuous residency status (as a US Green Card holder) for at least 5 years preceding your US citizenship application.

You’ll have to be physically present in the US for at least 50% of the time (i.e. 30 months out of 60 months) immediately preceding your US citizenship application.

Yes. 1 Day per year, unless you wish to apply for Irish citizenship.

(In order to become eligible for citizenship by naturalization, you’ll have to spend meaningful amounts of time in Ireland during your residency period, and you’ll have to live in Ireland full time for the 12 months preceding your citizenship application.)

Local Work Permitted

Yes.

Yes.

Yes.

Education Access Permitted

Yes, subject to payment of the appropriate fees.

Yes, subject to payment of the appropriate fees.

Yes. As an added benefit, the Irish government offers investors a €50,000 discount on the total investment commitment towards the higher education fees payable if their children wish to attend a university in Ireland.

Public Healthcare Access

Yes, subject to enrolment and payment of the mandatory Immigration Health Surcharge.

Yes, however the US does not have a universal healthcare program, and their cost of healthcare is among the highest in the world.

No.

Official Program Information

GOV.uk

USCIS.gov

IrishImmigration.ie

and INIS.gov.ie

English Language Testing Required

No, however language proficiency testing may be required at ILR/Citizenship application stages.

No.

No.

Application Process Duration

3 – 4 months.

6 months.

4-6 months.

Path To Permanent Residency

Yes, subject to meeting the Program’s minimum stay requirements.

Yes, subject to meeting the  Program’s minimum stay requirements.

Yes, subject to meeting the  Program’s minimum stay requirements.

Path To Citizenship & A Passport

Yes, subject to meeting the Program’s minimum stay requirements.

Yes, subject to meeting the Program’s minimum stay requirements.

Yes, subject to meeting the Program’s minimum stay requirements.

Limitations On Where In The Country You Can Settle

None.

None.

None.

Restrictions On Which Nationalities Can Apply

North Koreans are not eligible to apply.

None.

N/A

Source Of Funds Requirements

Investment funds must have been legally earned or obtained, and must have been held by the applicant, within a regulated financial institution, for a minimum period of 2 years prior to the date of application.

Investment funds must have been legally earned or obtained, and all funds should be traceable to the source of origin.

Moreover, the proceeds of a loan are an acceptable form of capital for an EB-5 investment.

Investment funds must have been legally earned or obtained, and all funds should be traceable to the source of origin.

Loans provided to the applicant for the purpose of making an IIP application are NOT considered an appropriate source of funding, and if an applicant is seeking to rely on loaned funds for the purposes of applying for the II, their application will be refused.

Corporate Tax Rate

19%

21%

15%

Governance System

Liberal Democracy

Liberal Democracy

Social Democracy

Quality Of Life (UN Human Development Index 2020)

The UK ranks 13th in the world in this index.

The USA ranks 17th in the world in this index.

Ireland ranks 2nd in the world in this index.

Country GDP Per Capita (2020)

$40,284

$63,543

$83,812

Program Establishment Year

2008

1990

2012

Family Eligible To Apply

Yes. Your spouse and dependent children under the age of 18 can be included in your Tier 1 Investor Visa application.

Yes. Your spouse and unmarried children under the age of 21 is eligible to apply for US residency and eventual citizenship.

Yes. Applicants can apply for residency for themselves, their spouse/civil partner, and all children under the age of 18. This entitles all applicants to attend Irish educational institutions.

Dependent children between the ages of 18 and 24 will also be considered if they will be enrolled in full time studies in Ireland.