Seanad debates

Thursday, 19 December 2002

Adjournment Matters. - Investment Based Naturalisation Scheme.

 

The Minister has no difficulty with such persons being given the right, in due course, to apply for Irish citizenship where they intend, in good faith, to become members of our community. However, he fundamentally disagrees with any proposal which would enable the privilege of Irish citizenship to be bartered to investors who have little or no connection with Ireland and who have no plans to strengthen those connections. Consequently, the Minister can confirm that there are no circumstances in which he will recommend to the Government that we should return to a situation, either with or without statute, where Irish citizenship can be bartered for economic reasons. If there is an economic case for conferring benefit on investors, that benefit, as far as the Minister is concerned, will have to take a form other than Irish citizenship.

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