According to the latest data released by the Irish Central Bureau of Statistics (CSO), Ireland's economy grew by about 13.5% last year, which is still stronger than other EU countries.
Thanks to favorable tax policies, Ireland's multinational companies continue to dominate the Irish economy, and these multinational companies have also brought real economic growth to Ireland, making Ireland the fastest growing economy in Europe last year.
In the post-pandemic era, Ireland's domestic sectors began to recover, with industries such as hotel catering and transport growing by 6.2%. Ireland's biopharmaceutical and information technology industries have been Ireland's main industries, with industries dominated by pharmaceutical companies growing by 24% and the information and communication technology sector growing slightly more than 14%.
In the last quarter, the company's investment jumped significantly by 76.5%, which the statistics bureau believes is related to the purchase of related office equipment and products from home during the epidemic.
In addition, the income of employees also increased significantly, with the average income increasing by 8.1%. The CSO noted that the highest increases were in the ICT and Professional Services sectors.
Irish Finance Minister Donoghue noted that the data showed economic activity was 7% higher than before the outbreak, which is a positive development trend. Consumer spending grew 5.5 percent last year, and more than 2.5 million people are now employed, backed by a strong labor market, to a record level, Donohoe said.
The minister added that the recovery in the post-pandemic era is now in a period of unprecedented geopolitical instability. Sanctions imposed on Russia will have an impact on the Russian economy, but they will also come at a cost to the EU. While Ireland's direct trade links with Russia are limited, the Irish economy is still affected by recent spikes in commodity prices and other spillovers.
In fact, some of Ireland's major trading partners are highly dependent on certain commodities from Russia and Ukraine, which is the world's main supplier of energy, which could lead to an increase in inflation in the short term.
Ireland is a militarily neutral country, and the impact of Russia and Ukraine this time is a short-term situation, and applicants who want to invest in Ireland do not have to worry too much.
Irish immigrants have many advantages and are a program that directly obtains permanent residency status in developed countries.
The Irish citizenship by investment is very simple, you can choose to donate 500,000 euros to a charitable project recognized by the Irish government or invest 1 million euros to a government-approved project, without having to run it yourself.
There are no language requirements for applicants, no interviews, no immigration supervisors, and if the main jobs and businesses are in the country, the immigration program without immigration supervision is the best choice, and immigrants do not emigrate.
Ireland is a native English speaker and is suitable for children to receive a pure English education. If you want EU status and don't want to sit in immigration prison, you can choose Irish immigration.
And the donation method can also choose group donation, five people group only need 400,000 euros. The investment method can be applied for first, and then invested after approval, so as to avoid the situation that the investment has been made but the application cannot be successful.
Moreover, the approval speed in Ireland is fast, and it can be completed within one year from the beginning of the application to the approval, shortening the time and cost required for immigration.
Whether it is a group donation or investment immigration, Irish immigration is a quality choice, if you have any doubts about immigration, you can discuss it with the three elephant immigrants.