Conditions for timber production in Ireland are excellent. Ideal soil conditions, high rainfall, a mild climate coupled with a low incidence of environmental pollution combine to give us the highest growth rates for forests in Europe.
Investors can purchase both existing forestry plantations and lands suitable for afforestation.
Forestry Services ltd. source both types for investors who can then avail of the afforestation grant and premium scheme and forest road grant administered by the Forest Service of the Department of Agriculture.
The investor remains 100% owner of both the land and the crop with management provided by Forestry Services ltd.
The Tax-Free status attached to forestry in Ireland is also a significant incentive towards investment.