Ireland is an island in the North Atlantic. Geopolitically, Ireland is divided between the Republic of Ireland (officially named Ireland), which covers five-sixths of the island, and Northern Ireland, which is part of the United Kingdom. In 2011, the population of Ireland was about 6.6 million, ranking it the second-most populous island in Europe after Great Britain. As of 2016, 4.8 million live in the Republic of Ireland, and 1.8 million live in Northern Ireland.
Republic of Ireland is a member of the European Union, having acceded to its precursor entity, the European Economic Community [EEC], in 1973. The republic today ranks amongst the wealthiest countries in the world in terms of GDP per capita and in 2018 was ranked the sixth most developed nation in the world by the United Nations’ Human Development Index.
In 2012, the Irish Government created the Immigrant Investor Programme (IIP) to facilitate investors and business professionals from outside of the EU to avail of the opportunities of investing and locating business interests in Ireland, in order to support investment in Ireland and to enhance Ireland’s position as one of the world’s most globalized economies. The Immigrant Investor Programme facilitates non-EEA nationals and their families who commit to an approved investment in Ireland to acquire a secure residency status in Ireland. The ultimate objective of this programme is job creation and facilitating further Irish economic development.