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Ireland Startup Entrepreneur Program Details

Opportunities In Ireland

The Ireland Startup Entrepreneur Program (STEP) is designed to help non-EEA entrepreneurs establish businesses in Ireland and settle with their families. Here’s an overview, along with some frequently asked questions:

Ireland Startup Entrepreneur Program Overview:

  • Low Investment Requirement: Requires only €50,000 in funds.
  • Family Settlement: You and your family can settle for an initial two years, with the option to renew for three more years.
  • Long-Term Residency: You can apply for long-term residency after five years.
  • Tax Benefits: Ireland offers a low 12.5% corporate tax rate for active businesses.
  • No Job Creation Targets: No need to create jobs in the first two years.
  • Access to Benefits: Healthcare and education benefits for you and your family.
  • High Standard of Living: Ireland offers a quality lifestyle and business-friendly environment.
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Settle in Ireland with Your Family as an Entrepreneur

As one of the world’s best-located and most welcoming economies, Ireland is the perfect destination for entrepreneurs seeking to settle abroad. The Ireland Startup Entrepreneur Program invites non-EEA entrepreneurs to set up businesses and settle permanently in Ireland. With dynamic opportunities and an excellent standard of living, Ireland is perfect for entrepreneurs seeking global mobility. M2S Group can help you maximise this opportunity with our dedicated, expert immigration support. 

Eligibility Requirements:

To qualify for the Ireland Startup Entrepreneur Program (STEP), you must:

  • Be a person of good character with no criminal convictions.
  • Have a unique business proposal.
  • Hold €50,000 in funds for investment.
  • Be capable of creating at least ten jobs in Ireland and generating €1 million in sales within 3-4 years.
  • Demonstrate English language proficiency

Application Process:

  1. Find an Irish immigration lawyer.
  2. Evaluate your eligibility for the program.
  3. Provide supporting documents, including financial proof and business plan.
  4. Submit your application to Ireland’s immigration officials.
  5. Obtain approval from the Immigration Ireland Evaluation Committee.
  6. Make the prescribed investment once the visa is approved.
  7. Submit proof of medical insurance.
  8. Provide an Affidavit of Good Character issued by a licensed attorney in Ireland. 

Documents Required:

  • Passport and travel history
  • Educational and business credentials
  • Proof of holding €50,000 in a regulated bank for at least three months before applying
  • Business plan demonstrating job creation potential and sales goals
  • English language proficiency evidence

How M2S Group Can Help You:

M2S Group can guide you through the entire Ireland Startup Visa application process, offering:

  • Immigration documents checklist
  • Application processing and submission
  • Form and document filing assistance
  • Updates and follow-up with Irish authorities
  • Relocation and post-landing support

By choosing M2S Group, you ensure that your application is handled with expertise, increasing your chances of approval. Contact us today to explore this exciting opportunity further!

Frequently Asked Questions

What is the minimum investment required for the Ireland Startup Visa?

You need to have €50,000 available to invest in your business.

Can I bring my family under this program?

Yes, under the program, your spouse/partner and children can accompany you and will have access to healthcare and education benefits.

 

Is there a job creation requirement?

While there is no job creation target for the first two years, your business should aim to create 10 jobs and achieve €1 million in sales within 3-4 years.

How long does the visa last, and can it be renewed?

The visa is valid for two years, and you can extend it for three more years. After five years, you may apply for long-term residency.

 

Do I need specific business management experience?

No, the program does not require prior business management experience, but your business plan must demonstrate growth potential.

 

 What are the corporate tax benefits?

Ireland offers a 12.5% corporate tax rate, one of the lowest in Europe, for active trading businesses.

How long does it take to process the Ireland Startup Visa?

The processing time varies, but typically it takes a few months from application submission to approval.

Can I apply for permanent residency or citizenship?

After five years of continuous residence, you may apply for long-term residency. Citizenship may be an option after continuous residence and meeting other requirements.

What kind of businesses are eligible?

Businesses with innovative and scalable ideas that can demonstrate growth potential are preferred. Traditional businesses with limited growth potential may not qualify.

How can I prove English proficiency?

You may need to provide results from an English language test (such as IELTS) or demonstrate previous education or work experience in English.

Looking for inspiration

Global clients share how M2S Group helped them secure careers, work permits, and visas in Europe...

Felicity Adu

I am thrilled to share my outstanding experience with www.MovingEurope.eu, powered by M2S Group. As Felicity Adu from Ghana, I initially found the visa application process daunting, but their unparalleled assistance transformed it into a seamless and stress-free journey.

Sahedur Rahman

I want to express my heartfelt gratitude to M2S GROUP for helping me begin my journey with them in 2021. At the time, I only had a dream of pursuing international education. Having come from Bangladesh and worked in Kuwait, I aspired to travel and explore new countries, and I ultimately chose Poland as my study destination.

Lumana Feti Michel

I want to thank M2S GROUP for helping me start my adventure with them in 2023 when my only thought was pursuing international education. I would like to thank the M2S GROUP team for guiding me through the process and responding to my questions about my study program because it was a valuable experience working with M2S GROUP.

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