🇮🇪 Europe

Ireland business pathways

STEP for high-potential innovative startups (≥ €50,000 funding) — Immigrant Investor Programme CLOSED. Initial ~2 years Stamp 4.

Not legal advice

Immigration, tax, and investment rules change. Use this guide to compare pathways, then verify amounts and procedures on official government sites and with qualified counsel. Content reviewed: 2026-08

At a glance

Decision signals for founders and investors considering Ireland.

Best for

High-potential innovative startups

Funding

≥ €50,000 (verify)

HQ / control

Must be in Ireland

Growth ambition

~10 jobs & ~€1M sales in ~3–4 yrs (capability)

First grant

~2 years Stamp 4, then renewals

IIP status

CLOSED — do not plan on it

Which path fits you?

Visa pathways

Focused on startup, investor, and self-employment routes - not study or tourism visas.

Founder track

Start-up Entrepreneur Programme (STEP)

Ireland’s Start-up Entrepreneur Programme (STEP), administered via irishimmigration.ie, is for founders of high-potential innovative startups. Published expectations commonly include: secured funding of at least €50,000; headquarters and control of the business in Ireland; and a credible capacity to create around 10 jobs and generate around €1 million in sales within about 3–4 years — framed as aspirational capability for evaluation, not an instant day-one quota. Successful applicants typically receive an initial residence permission of about 2 years on Stamp 4, with renewals if conditions continue to be met. Application fee is commonly cited at €350 — verify the live fee table. Critically, Ireland’s Immigrant Investor Programme (IIP) is CLOSED; do not present or budget IIP as an open pathway. Always verify-on-official-site before remitting capital.

Min. capital

Funding ≥ €50,000

Best for: Pakistani and other non-EEA founders with innovative, fundable startups ready to locate HQ and control in Ireland.

STEP materials cite minimum funding of €50,000. Source, form, and evidence of funds must match official guidance — verify on irishimmigration.ie before transferring money from Pakistan.

Investment options

  • Founder equity / paid-in funding ≥ €50,000 as STEP accepts
  • External investment rounds that meet the published funding test
  • Irish company with HQ and control in Ireland
  • Do not use closed IIP investment products — IIP is CLOSED

Eligibility

  • High-potential innovative startup as assessed under STEP
  • Minimum funding ≥ €50,000 (verify live rule)
  • Headquarters and control located in Ireland
  • Credible path toward ~10 jobs and ~€1M sales in ~3–4 years (capability, not initial quota)
  • Good character and immigration admissibility
  • Pay application fee (€350 commonly cited — verify)

Process timeline

  1. 1

    Secure funding evidence

    Document ≥ €50,000 and source of funds to STEP standards.

  2. 2

    Incorporate Irish HQ

    Company structure with control and headquarters in Ireland.

  3. 3

    Lodge STEP application

    Submit via official Irish Immigration channels; pay fee; await evaluation.

  4. 4

    Stamp 4 ~2 years & renew

    Enter/register; operate; renew if conditions remain met.

Family

Spouse/partner and minor children are commonly considered under STEP family provisions — confirm inclusion, Stamp conditions, and work rights for partners on irishimmigration.ie.

Work rights

Stamp 4 under STEP is designed to allow the founder to work in the approved business. Confirm exact Stamp conditions on your permission letter.

Route to PR

Long-term residence / Stamp 5-style outcomes depend on continuous lawful residence and Irish rules after STEP renewals — verify irishimmigration.ie; STEP is not itself a citizenship product.

Route to citizenship

Irish citizenship by naturalisation is separate after meeting residence and other criteria. Dual nationality with Pakistan needs advice. IIP is CLOSED and was never a passport shortcut.

Pros

  • Published €50,000 funding floor and Stamp 4 founder product
  • English-speaking EU base with strong tech FDI ecosystem
  • Clear official statement that IIP is closed reduces false investor hopes
  • Family inclusion commonly available (verify)

Watch-outs

  • IIP is CLOSED — ignore agent pitches selling “Irish investor residence” as IIP
  • Growth targets (~10 jobs / ~€1M) are evaluated seriously — lifestyle businesses fail STEP
  • €50,000 is necessary but not sufficient without innovation narrative
  • Irish corporation tax and personal tax residency need professional advice
Irish Immigration — STEP

Compare pathways

Scan capital, innovation requirements, and fit in one table.

Programme Status Capital / funding Outcome
STEP Open (verify) ≥ €50,000 funding ~2 yrs Stamp 4 then renewals
Immigrant Investor Programme (IIP) CLOSED N/A — do not apply Not available to new applicants
Employment permits Separate Job offer based Not founder-primary

Route to PR & citizenship

Ireland separates STEP residence (Stamp 4), longer-term stamps, and citizenship. IIP closure does not create a substitute cheque product.

STEP Stamp 4

Initial permission is commonly about 2 years. Renewals depend on continued compliance with STEP conditions and business progress.

Longer residence

After sustained lawful residence, other stamp/long-term options may apply under Irish rules — verify irishimmigration.ie.

Citizenship

Naturalisation requires meeting residence and character criteria separately. Do not equate STEP with a passport.

IIP closed

Do not transfer funds for Immigrant Investor Programme. It is closed to new applications.

After you arrive

Operational checklist once the visa is granted.

  1. 1 Register with Immigration Service Delivery / GNIB processes as instructed
  2. 2 Collect Irish Residence Permit (IRP) card evidence
  3. 3 Keep CRO company filings and beneficial ownership current
  4. 4 Open Irish bank accounts with full source-of-funds KYC
  5. 5 Register for Revenue tax and understand tax residency
  6. 6 Arrange private health insurance if required for residence conditions
  7. 7 Track STEP renewal evidence (jobs, sales trajectory, funding use)
  8. 8 Re-read irishimmigration.ie before any renewal or status change

Living costs & runway

Rough monthly estimates for a relocating founder in Dublin (excluding STEP funding capital). Treat as estimates — Dublin is expensive.

Dublin

€2,200 – €3,800+ (est.)

  • Housing (1-bed) €1,400 – €2,200
  • Food & groceries €350 – €550
  • Transport €100 – €180
  • Utilities & mobile €150 – €250
  • Misc / coworking €200 – €400

Pakistan founder checklist

Practical prep before you book consulate appointments or move capital.

  • Confirm STEP is open and IIP remains CLOSED
  • Evidence funding ≥ €50,000 to official standards
  • Locate HQ and control in Ireland — not a brass-plate story
  • Write a credible ~10 jobs / ~€1M sales capability plan (3–4 years)
  • Budget application fee (€350 commonly cited — verify)
  • Document Pakistani source of funds for Irish banks and STEP
  • Plan Dublin living costs separately from the €50k funding
  • Use the official STEP page on irishimmigration.ie before filing
  • Verify-on-official-site immediately before remitting capital

Still building from Pakistan?

Strengthen your local company setup before relocating capital or applying.