Uglobal Immigration Magazine Volume 2, Issue 1 | Page 64

62 UGLOBAL IMMIGRATION MAGAZINE The U.K. and Ireland have committed that post-Brexit these rights will continue to be enjoyed with the greatest of protections and fewest of bureaucratic barriers. Importantly, this position is regardless of the terms of any Withdrawal Agreement that is, or quite possibly is not, concluded before the Brexit deadline. Following Britain’s exit from the EU, Irish citizens will find themselves in a particularly special and advantageous position. They will be the only citizens in the world who will enjoy freedom of movement throughout all 30 member states of the EU/ EEA and free movement within the U.K. Membership of this unique club is rather exclusive and, if you can’t establish a qualifying ancestral link, Irish citizenship is generally earned through connection to the country and actual residence - most commonly for a minimum of five years. For anyone who desires Irish citizenship, the first step is to secure a right to reside in Ireland. Once you have completed your five years residence (which can be spread over nine years), and have generally stayed out of trouble, in most cases you can apply to secure an Irish passport and gain quality access to Ireland, the EU/EEA and the UK. SECURING A RIGHT TO RESIDE IN IRELAND The Immigrant Investor Program (IIP) was introduced in 2012 to attract Foreign Direct Investment into Ireland. The IIP is a residency-by-investment program where high net worth non-EEA nationals and their family members may apply to reside in Ireland on very favorable and flexible terms subject to making a significant commercial or charitable investment in the state. There are presently four investment streams available to non-EEA national applicants: • • • •