“Off the shelf companies,” are companies which have already been pre-incorporated and legally registered in Ireland. These companies are much faster to establish compared to incorporating a new one. Usually, such entities would have never traded before, therefore they would be free of liabilities. The upside to Shelf companies is that you are buying a ready-made company, more like picking a product in a supermarket. They serve great convenience for foreign entrepreneurs who want to quickly set up a business in Ireland.
The Irish jurisdiction does not impose any restrictions on buying property in Ireland. Therefore, the doors are open for all nationalities who want to own a piece of property in Ireland. It is important to note that anyone can own a property in Ireland, both EU and non-EU citizens, however owning a property doesn’t necessarily grant you permission to reside in Ireland. In order to live in Ireland, you will have to have the necessary documents needed by the Irish jurisdiction.