Seanad debates

Thursday, 9 February 2012

Immigrant Investor Programme and Start-Up Entrepreneur Scheme: Statements

 

2:00 pm

Photo of Alan ShatterAlan Shatter (Dublin South, Fine Gael)

Obviously the scheme will develop based on the experience we have. The great benefit of the scheme is that it is essentially non-statutory. If we identify difficulties in its administration or an area that has job creation potential but does not neatly fit into the terms of the scheme we will be able to review it. Obviously the scheme will have to be in place for a reasonable period before we undertake a review but I expect that we will review it at a relatively early stage and ensure any corrections required are made.

I respond to Senator Bradford's comments about the Department of Justice and Equality by saying that we are a very enterprising Department. In fairness to my colleagues across Departments not traditionally identified as having a job creation potential, we are all looking at initiatives that may be taken in our own areas to attract investors and individuals with original ideas to stimulate job creation, not only people already resident here but also people living abroad. In that context we must do what we can to assist people already living in Ireland who have good ideas but are experiencing difficulties in getting financial backing. That is an issue to which we will return on another day.

In regard to the issue raised by Senator Healy Eames, a substantial number of visas are being granted for Chinese nationals to visit Ireland. There is no reason difficulties should be experienced regarding the conference to which she referred. As Senator Bradford noted on her behalf, if difficulties arise my door is open and I will have them resolved.

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