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Email supportStart-up Entrepreneur Programme (STEP) · Ireland visa route
For founders with an innovative, high-potential business proposal; this is not a passive investment visa.
Typical timeline / duration: Permission under STEP; applicants requiring visa apply for D visa once permission granted.
STEP means Start-up Entrepreneur Programme. It gives a qualifying founder permission to establish and work full-time in an innovative Irish business. You cannot use it as a general work permit for another employer.
IIP means Immigrant Investor Programme — the acronym is IIP, not IPP. IIP was the old passive-investment residence programme and is closed to new applications. It is mentioned here only to prevent confusion; it is not an available route.
This is an immigration condition, not a promise that the business will immediately make a profit. In practical terms, you should be able to support yourself without depending on Irish State welfare or other public support, while also showing that the €50,000 business funding is genuinely available and that its source is credible. The official authority decides this from the evidence in the individual case.
Difficulty: Hard / selective. The €50,000 threshold is only the entry floor. The difficult part is convincing the evaluation committee that the proposal is genuinely innovative and has high-growth potential, rather than being an ordinary local shop, consultancy, or passive investment. Proposals are considered quarterly, so a strong application can still involve waiting for the next evaluation cycle.
Bottom line: this route suits a real technology or other high-growth founder with a credible business plan and enough personal runway. It is a poor fit for someone who mainly wants residence through savings, property purchase, or a normal small business.
Official wording and current forms: STEP guidance · IIP closure notice
Official source: Ireland official source
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Join chufachufaVisa rules change frequently. This page is a research guide, not legal advice. Confirm current requirements with the official source before applying.