How long does the Ireland Immigrant Investor Application take to apply?

At present, there is no backlog for Irish investment immigration, and it is usually necessary to wait for about 3 months after the materials are ready, but sometimes the applicant is required to provide more information to extend the application period.

Although the Irish immigration program is relatively popular, many applicants are full of Irish investment immigration approvals, and many applicants are already very impatient. So, what is the approval time for Ireland investment immigration now? Below, I hope you know something!

1. The processing speed of Irish immigration applications is too slow.

Although from 2012 to 2017, the Irish Department of Immigration processed a large number of applications, but it seems that the processing process has been stalled since 2018, which is mainly reflected in the fact that 88% of the 452 applications received so far in 2018 and 2019 are still still unprocessed. Currently, the average processing time for an Irish immigration application is 6-9 months. However, it is believed that the Minister of Justice of Ireland has also made it clear that the speed of relevant approvals will definitely be accelerated in the future.

Second, the current speed of immigration approval in Ireland.

Due to the slow processing of investment immigration in Ireland, only 30 applications were received in the first quarter of 2019, and only 120 applications were received in the whole year at the current rate. This means that if the Irish authorities do not speed up the approval process, Ireland's income from investment migration is expected to fall by 72% this year compared to 2018. Fortunately, the Irish authorities have seen this trend and have accelerated the process of approval.

According to the data, there are still 220 applications pending approval in 2018, and 2 3 of these applications took more than 6-9 months to file, while the remaining waiting time was more than 9-12 months.

That's all for Ireland Citizenship by Investment Approval Timeline. It can be seen that the speed of immigration processing in Ireland has indeed accelerated this year, which is an out-and-out good news for many applicants, and applicants should not give up this opportunity. If you want to immigrate to Ireland by investment, then hurry up and apply.

Irish Investor Immigration will no longer accept new applications after the end of working hours on 15 February 2023; Projects and investors that have already been approved will not be affected; Applicants who have already submitted will not be affected to continue the trial; Approved projects that have not yet recruited full investors can continue to recruit new investors with a three-month grace period; There is also a three-month grace period for new items that have been communicated with the USCIS and made significant progress but have not been submitted; **In the investment category, there is a three-month buffer period for those who do not meet the minimum financing amount threshold (€20 million).

Specific Policy: Existing Projects: The proposed closure of the IIP will not affect existing projects that have already been approved under the program.

Existing approved projects will also continue to be able to identify any new investors needed to complete the financing of the approved projects. According to Henry Immigration, the Department of Justice will continue to monitor all existing (approved) programs for project delivery and compliance purposes. The project approved by the Minister is expected to be completed as soon as possible and no later than the timeframe set out in its business plan.

The Minister may, at his discretion, grant a short-term extension. The IIP Department will liaise with the project on any specific issues of project concern highlighted in the early stages.

Existing Submitted Applications: With respect to the existing submitted IIP applications pending decision by the end of the working day of Wednesday, February 15, 2023, which may relate to previously approved projects or recently submitted new projects, where the Evaluation Committee has deferred a decision in order to consider certain matters further. Approximately 1,500 applications have been lodged.

Pending Applications: In addition, there are a number of state potato projects that have not yet formally submitted applications but have made significant progress after contacting the Department of Justice's IIP Division. It is advisable to allow three months for such projects to complete and submit the application.

Otherwise, the IIP program will stop accepting new applications after the close of the business day on February 15, 2023.