What is the Ireland Startup Entrepreneur Visa?
The Ireland Startup Entrepreneur Program (STEP) Visa aims to attract non-EEA entrepreneurs to the country who want to start an innovative business targeting international markets.
This program was created to encourage economic growth by bringing new, innovative businesses to Ireland, and it could eventually lead to long-term residency or Irish citizenship.
To apply, applicants need to have at least €50,000 in funding and a business idea that is unique, scalable, and has the potential to create jobs and target international markets.
If approved, applicants receive a two-year residency permit, which can be renewed if the business is successful.
Benefits of the Ireland Startup Entrepreneur Visa
- Residency permission: Applicants are granted a total of five years of residence in Ireland under the STEP visa.
- Pathway to permanent residency: STEP grants a Stamp 4 visa to successful applicants, allowing them and their families to live and work in Ireland for an initial two years, extendable for an additional three years. This can eventually lead to long-term residence or citizenship in Ireland.
- Opportunity for citizenship: In many cases, successful applicants may also become eligible for Irish citizenship, allowing for dual citizenship.
- Family inclusion: The program allows the applicant’s immediate family members to join, giving them similar residency rights to ensure family unity.
- Access to the EU market: As Ireland is part of the EU, STEP visa holders can do business throughout the European Union, which helps expand their market opportunities.
- Support for startups: The STEP visa program is tailored for entrepreneurs with an innovative business proposal, offering access to business networks, resources, and potential funding channels essential for early-stage growth.
- Pro-business environment: Ireland’s favorable tax regime and strong support systems make it an attractive destination for startups and growing businesses.
Eligibility Requirements for the Ireland Startup Entrepreneur Visa
You must meet the following specific requirements to apply for the Ireland Start Up Entrepreneur Programme (STEP), as outlined by the Irish Immigration Service Delivery (ISD):
Business plan
Applicants must present a detailed business plan outlining a scalable and innovative business idea. The plan should emphasize international market reach, potential for job creation, and financial sustainability.
The business should have the potential to generate significant revenue and create jobs in Ireland. Enterprise Ireland‘s Independent Evaluation Committee assesses the viability and potential of the business idea.
Funding
You must have at least €50,000 in funding for your business.
This can come from personal resources, loans, business angel funding, venture capital, or grants from Irish state agencies.
Business structure
The business can be established as a Limited Company in Ireland, which aligns with the objectives of the Startup Entrepreneur Programme to promote innovation and high-growth enterprises.
Job creation
The business is expected to create at least 10 jobs in Ireland and reach €1 million in sales within the first three years.
Other requirements
- Demonstrate ability to run a business or managerial skills.
- Only open to non-EEA nationals.
- Comprehensive health insurance coverage.
Application Process for the Ireland Startup Entrepreneur Visa
Required Documents for the Ireland Startup Entrepreneur Visa
These are some of the supporting documents needed for the STEP application process:
- Valid passport issued within the last 10 years and valid for the duration of your stay.
- Proof of €50,000 in funding, such as recent bank statements or investment letters.
- A comprehensive business plan or innovative business proposal that includes market analysis, growth projections, and a clear path to revenue generation over the next 2 to 5 years.
- Up-to-date CV showing education and work experience.
- Letters of support or references for your business idea, ideally drawn up within the last 6 months.
- Proof of relevant qualifications, like certificates or diplomas.
- Police clearance certificate confirming no criminal record, valid for 3-6 months.
Documents needed for in-country registration upon entry to Ireland
- Valid passport is used to enter Ireland.
- Visa approval notification (if applicable)
- Proof of address in Ireland, such as a utility bill or bank statement from the last three months.
- Two passport-sized photos that meet Irish visa photo requirements.
- A completed registration form for the Irish Residence Permit (IRP), is available at the IRP office.
Fees and Costs for the Ireland Startup Entrepreneur Visa
| Fee Type | Amount | Description |
| Application Fee (STEP) | €350 | A non-refundable fee will be charged to the principal applicant and all nominated family members. |
| Visa Fee (for visa-required nationals) | €100 (Multiple Entry) | Fee for obtaining an entry visa to Ireland if applicable (varies by visa type). |
| Irish Residence Permit (IRP) Fee | €300 | The fee for registering your residency and obtaining the IRP card confirms your legal status in Ireland. |
| Affidavit of Good Character | Varies | The fee for obtaining the affidavit must be produced by a legal practitioner registered in Ireland. |
| Medical Insurance | Varies | Private health insurance is required for the applicant and family members during residency. |
| Renewal Fee (IRP) | €300 | The fee for renewing the IRP after the initial residency period is applicable every time the permit is renewed. |
| Additional Legal/Consultancy Fees | Varies | Legal and business consultancy fees associated with preparing the business plan, financial setup, etc. |
In addition, applicants may need to open a business bank account in Ireland to demonstrate local financial presence and support company operations once approved.
What are the processing times for the Ireland Startup Entrepreneur Visa?
- Initial STEP Visa application: 2-3 months
- STEP Visa duration: 2 years
- Visa renewal (if applicable): 2-3 months
- Total residency requirement: 5 years
- Citizenship application: 6-12 months
- Passport application: 4-6 weeks
- Total time to Irish citizenship: Six to seven years
Please note that the processing times are at the discretion of the Irish authorities and are subject to change.
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