Is this aimed at retirees, pensioners, financially independent people, passive-income holders or another profile?
This route is aimed at retired persons. The Immigration Act 2002, section 27(e), provides for permanent residence for a foreigner who intends to retire in the Republic and who proves that he or she has the right to a pension or an irrevocable annuity or retirement account which gives him or her a prescribed minimum payment for the rest of his or her life, or a minimum prescribed net worth.
See recorded sources
- Section 27(e) of the Immigration Act 2002
intends to retire in the Republic, provided that such foreigner proves to the satisfaction of the Director-General that he or she- (i) has the right to a pension or an irrevocable annuity or retirement account which will give such foreigner a prescribed minimum payment for the rest of his or her life; or (ii) has a minimum prescribed net worth;
