One of these routes has closed. Ireland stopped taking new Immigrant Investor Programme applications in 2023. Monaco residence remains open. Here is the current picture.
Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.
Ireland's Immigrant Investor Programme offered residence in return for a qualifying investment, administered by Immigration Service Delivery within the Department of Justice. The government closed it to new applicants on 15 February 2023, although applications already on hand continue to be processed. Monaco residence remains open and is granted by the Monaco authorities to applicants who show financial means and accommodation.
Because the Ireland route is closed to new applicants, the live option for a new applicant in this pairing is Monaco.
Because Ireland's Immigrant Investor Programme is closed to new applicants, we do not restate its former investment figures as if they were available. Anyone with an application already on hand should follow the official guidance for existing cases.
Monaco sets no legal minimum deposit, but its banks generally require a substantial sum before issuing the reference letter the residence file needs, and several private banks ask for more. You also need accommodation in Monaco. Confirm the current expectations with the official authority and your bank.
There is no current processing time for new Ireland Immigrant Investor Programme applications because the route is closed. Existing cases continue under official guidance. Monaco residence commonly runs about three to six months from a complete file to the card in hand.
Ireland is an EU member, but its investor route is closed to new applicants, so it is not a current path to Irish residence by investment. Monaco residence is not a passport and Monaco naturalisation is rare and separate.
A new applicant cannot use the Ireland programme, so the realistic option here is Monaco residence for a high means individual who wants to live in Monaco and can meet the banking and accommodation expectations. Anyone with an Ireland application already on hand should follow the official process for existing cases.
| Item | Ireland Immigrant Investor Programme | Monaco Residence |
|---|---|---|
| Outcome | Residence, route closed to new applicants | Residence in Monaco |
| Official authority | Immigration Service Delivery, Department of Justice | Government of Monaco, Residents Section |
| Indicative minimum | Closed to new applicants. Confirm the position for existing cases with the official authority | No legal minimum set in law. Banks generally require a substantial deposit. Confirm with the official authority |
| Typical timeline | Not available for new applicants. Existing cases continue | About three to six months |
| Status | Closed to new applicants since 15 February 2023 | Open |
Figures are indicative and current as of June 2026. Immigration Service Delivery, Department of Justice of Ireland publishes the binding detail. Verify before you act.
No. Ireland closed the programme to new applicants on 15 February 2023. Applications already on hand continue to be processed. Confirm your position with the official authority.
No. Monaco residence is a residence status, not citizenship. Monaco naturalisation is rare and separate. Confirm the current rules with the official authority.
Monaco law does not set a legal minimum. In practice banks ask for a substantial deposit before issuing the reference letter. Confirm with the official authority and your bank.
Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.
This route is reported closed or paused. Do not rely on older figures. Get the current position, and the routes that are still open, before you commit time or money.
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