Start-up Entrepreneur Programme (STEP) Ireland

Launch your high-growth company in a thriving European hub. STEP grants Stamp 4 residency for you and your family with a minimum investment of just €50,000.

Over 35 years helping global entrepreneurs build in Ireland since 1989.

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From initial business plan review to securing residency — expert STEP application support.

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35+ Years Experience
Immigration law specialists since 1989
Startup Specialists
Deep HPSU & Enterprise Ireland knowledge
5 Dublin Offices
Convenient locations across Dublin
Minimum Investment €50,000 +€30,000 per additional founder
Residency Stamp 4 Live, work & bring your family
Initial Permission 2 Years Renewable to 3 + 5-year blocks
Application Fee €350 Non-refundable, no appeal process

Understanding the Start-up Entrepreneur Programme

Launched in 2012, STEP is structured to attract driven, innovative non-EEA entrepreneurs. It serves as an accessible alternative to the Immigrant Investor Programme by focusing on the strength and scalability of the business idea.

What is an HPSU?

High Potential Start-Up

The primary target of STEP. To be classified as an HPSU, your venture must meet all four criteria.

💡

New or innovative product/service

🌍

Target international markets

👥

Create at least 10 jobs in Ireland

📈

€1 million in sales within 3-4 years

Who Can Apply for STEP?

Exclusively for non-EEA nationals. EU, EEA, and Swiss nationals do not require this permission.

Core Eligibility Criteria

  • Funding: Minimum €50,000 available (+ €30,000 per additional founder)
  • Good Character: No criminal convictions in any jurisdiction
  • Role: Must be a founder or main decision-maker (CEO, CFO, CTO, CIO)
  • Business Age: If existing, must be less than 6 years old

Note: Applications from Russian or Belarusian citizens are currently not accepted.

Business Requirements

  • Genuinely new or innovative product/service
  • Clear international and export market potential
  • Capable of creating 10 jobs in Ireland
  • Projected €1 million in sales within 3-4 years
  • Led by an experienced management team
  • Headquartered and controlled in Ireland

Types of Businesses Eligible for STEP

The programme is strictly reserved for innovation-driven ventures. It is not intended for traditional, domestically oriented businesses.

Suitable Sectors

  • Technology and Software
  • Science and Pharmaceuticals
  • Engineering
  • Mathematics
  • Communications
  • Other innovative, high-growth, export-oriented sectors

Excluded Sectors

  • Retail businesses and shops
  • Hospitality and catering (restaurants, cafes)
  • Personal or lifestyle services
  • Purchase of an existing active business

STEP Investment & Funding Sources

The financial threshold for STEP is highly competitive compared to other global entrepreneur visas.

€50,000

First / main founder

+€30,000

Each additional founder

Acceptable Funding Sources

  • Your own personal financial resources
  • A business loan from an approved financial institution
  • Business angel investment
  • Venture capital funding
  • A grant from an Irish state agency (e.g., Enterprise Ireland)
⚠️

Evidence Required

You must provide rigorous proof of access to funds and that they can be freely transferred to Ireland and converted to Euros.

Before final approval, funds must be transferred to an Irish bank account regulated by the Central Bank of Ireland.

Ready to Bring Your Business to Ireland?

From business plan review to securing Stamp 4 residency, our team guides global entrepreneurs through every step of the STEP application.

How to Apply for STEP — Step by Step

Applications are submitted electronically and reviewed quarterly by an independent Evaluation Committee including Enterprise Ireland.

1

Prepare Your Business Plan

A detailed, comprehensive plan covering innovation, market analysis, competitor research, financial projections, job creation timeline, export potential, and management team credentials.

2

Secure Funding

Obtain the minimum €50,000 commitment and gather all required proof of funding access.

3

Gather Supporting Documents

Completed STEP application form, business plan, funding evidence, police clearance certificates, passport copies, and family member documentation.

4

Submit Application

Submit electronically to the Department of Justice at IIPandSTEPapplications@justice.ie. Pay the €350 non-refundable application fee via EFT. You can apply from anywhere in the world.

5

Evaluation Process

Reviewed quarterly by the independent Evaluation Committee (including Enterprise Ireland). They assess innovation, commercial viability, job creation potential, and scalability. Processing takes approximately 8-16 weeks.

6

Minister's Decision

The Committee makes a recommendation to the Minister for Justice, whose decision is final. If approved, you receive a letter granting permission to reside in the State.

7

Transfer Funds & Final Steps

Transfer €50,000 to a Central Bank-regulated Irish bank account, submit an affidavit of good character, obtain private medical insurance, and apply for an entry visa (if visa-required).

8

Enter Ireland & Launch Business

Arrive on a multi-entry visa, register with immigration to receive your Stamp 4 permission, and begin operating your business full-time.

Your STEP Residency Status

A clear pathway from initial approval to Irish citizenship.

Year 0-2

Initial Permission (2 Years)

Stamp 4 permission. Work full-time exclusively on your start-up. Cannot work for another employer. Must not become a financial burden on the State.

Year 2

Renewal Assessment

The Evaluation Committee assesses your business. You must prove it was established as planned, has operated continuously, and you've worked full-time on it with maintained insurance and good character.

Year 2-5

3-Year Extension

If renewal is approved, you receive a 3-year extension of your Stamp 4 permission.

Year 5+

Long-Term Residency & Citizenship

Renew in 5-year installments (business performance no longer the critical factor). Eligible to apply for Long-Term Residency (Stamp 5) or Irish Citizenship (naturalisation).

Bringing Your Family to Ireland

STEP allows you to bring your immediate family, giving them secure Stamp 4 residency alongside you.

Spouse / Civil Partner

Full Stamp 4 permission — can work, study, or start their own business without an employment permit.

De Facto Partner

Subject to proving cohabitation. Same Stamp 4 benefits.

Children Under 18

Dependent children receive Stamp 4 permission.

Children 18-24

If in full-time education and dependent.

💡

Key Advantage

Family members receive Stamp 4 (not Stamp 3), meaning spouses/partners can work freely in Ireland without an employment permit. No additional business funding is required to bring family. Include them in your initial application with relationship evidence.

STEP Programme Conditions

The programme comes with strict ongoing obligations for both you and your business.

You Must

  • Establish the business exactly as outlined in your approved plan
  • Work full-time on this business (no other employment)
  • Maintain the HQ under Irish control
  • Maintain comprehensive private medical insurance
  • Maintain good character
  • Never become a financial burden on the State
  • Renew immigration permission on time

The Business Must

  • Operate continuously
  • Show progress toward job creation and revenue targets
  • Remain a viable, innovative enterprise

Non-Compliance: If you fail to meet these conditions, the Minister can revoke your STEP permission at any time. If revoked, you and your family must leave Ireland.

Get It Right the First Time

There is no appeal process for refused STEP applications. Professional legal and business planning support is crucial to meet the Evaluation Committee's exact standards.

STEP Application Refusals

⚠️

No Appeal Process

The Minister's decision is final. There is no appeal or review process for STEP applications. The €350 fee is non-refundable. You can submit a completely new application if your circumstances or business plan significantly change.

Common Refusal Reasons

  • Business concept not sufficiently innovative
  • Insufficient international export potential
  • Weak or unrealistic job creation prospects
  • Inadequate evidence of funding
  • Poor quality or lack of detail in business plan
  • Business falls into an excluded sector
  • Concerns about applicant's experience

Benefits of Starting Your Business in Ireland

Ireland is globally recognised as an ideal launchpad for innovative startups.

🇪🇺

EU Single Market Access

English-speaking gateway to Europe with a pro-business government and strong legal framework.

💰

12.5% Corporate Tax

One of the most competitive corporate tax rates in Europe on trading income.

🎓

Talent & Education

Young, highly educated workforce supported by top-tier universities and a culture of innovation.

🚀

Startup Ecosystem

Accelerators, incubators, co-working spaces, experienced mentors, and active venture capital.

🏢

Global Companies

European home to Google, Facebook, Apple, Microsoft, and Pfizer.

🏡

Quality of Life

Safe, welcoming environment with rich culture, high living standards, and family-friendly society.

Expert STEP Application Support

Comprehensive, end-to-end legal support for non-EEA entrepreneurs.

Eligibility & Strategy

Comprehensive eligibility assessments, detailed review and strategic feedback on your business plan, and advice on strengthening your application.

Application & Submission

Gathering evidence, compiling documentation, complete application preparation, submission, and liaison with ISD and Enterprise Ireland.

Family & Future

Integration of family member applications, post-arrival registration, renewal applications, and future citizenship pathways.

What Our Clients Say

Real stories from real clients - see our verified reviews below.

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I can’t thank the Ferrys team enough! Having no idea how to get started with my claim, they had talked me through every aspect and what to expect. I was never rushed or pressured during my time with them. Ferrys made me feel valued and understood in my position, making me feel secure in every decision made and never judged. I truly appreciate the time, effort and detail Ferrys made to ensure I received the compensation I deserved. I couldn’t recommend them enough!
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I can't recommend Ferrys enough. I dealt with Padraic and his team and they were nothing short of incredible. Professional, polite, competent, caring and clear in their instructions, everything was easy to navigate with their help. Thank you to Patricia on reception, Padraic, Lauren, Eimear and everyone else that I liaised with.
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Highly recommend Ferry’s to anyone - Padraic, Lauren, Aishling were brilliant, professional, and kept me always updated throughout the process of my case. The care my case received was of highest levels of professionalism, and as the client I was treated with such respect, dignity and always was listened to. Would highly recommend to anyone to consider Ferry’s.
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I can’t thank Mr Padraic Ferry and his team enough for the outstanding service I received during my personal injury case. From the very first consultation, they showed genuine care, professionalism and dedication to my situation, making what could have been a stressful process feel manageable and in safe hands. I would highly recommend Ferry’s Solicitors to anyone in need of legal help. A truly first-class solicitor who goes above and beyond.
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I have used the services of Ferrys Solicitors Artane on numerous occasions for both mortgages and personal injury services and have found them to be very professional and very courteous on all occasions, I have and I do highly recommend them.
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I am thoroughly impressed with Ferrys solicitors and the dedication they show towards both their mission and their clients. From the moment I engaged with their team, it was clear that they prioritize professionalism, efficiency, and a genuine commitment to excellence. Every staff member I interacted with was knowledgeable, approachable, and went above and beyond to address my needs and questions. It’s rare to find an organization that combines expertise with such a high level of personal care and transparency. Their commitment to continuous improvement and adapting to client feedback is evident and speaks volumes about their values. I wholeheartedly recommend Ferrys Solicitors to anyone seeking a reliable and outstanding organization in their field. They truly set the standard for excellence, and it has been a pleasure working with them. From Edo omusi
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Padraic and Patricia were absolutely fantastic to deal with, I always felt I could call with a question and they would be happy to talk, and I was kept up to date and in the loop throughout the entire process. Highly recommend.
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My experience dealing with Ferry’s Solicitors was second to none. Absolute great service. I was in an accident through no fault of my own. They supported me all the way through. They are such a friendly and professional service. I would have no problem recommending them to family and friends. Thanks for all your hard work guys. 5 Star service
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Excellent service would highly recommend to anyone how has had an accident with no fault of there own all staff are very friendly and supporting and I received a better outcome than I thought thanks again

Disclaimer: The information provided on this page is for general guidance only and does not constitute legal advice. Immigration policies and programmes are subject to change. The Minister for Justice's decision is final and there is no appeal process for refused STEP applications. The €350 application fee is non-refundable. There are no guarantees of approval. Until you receive our written letter of engagement confirming our appointment as your solicitors, no duty of care or liability or solicitor/client relationship shall exist or be deemed to exist between you and Ferrys Solicitors LLP.

Ready to Bring Your Innovative Business to Ireland?

From initial consultation to securing your Stamp 4 residency, our experienced immigration team is here to maximise your chances of success.

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