Michael McGrath (Cork South Central, Fianna Fail)
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131. To ask the Minister for Justice and Equality the number of applications received for residency, based on the extension of criteria for investors in the real estate investment trust scheme under the immigrant investor programme, as announced in budget 2014; and if she will make a statement on the matter. [32639/15]

Frances Fitzgerald (Dublin Mid West, Fine Gael)
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To date, no applications have been received under the Real Estate Investment Trust option of the Immigrant Investor Programme.

However, 44 applications have been received across the other options in the period of time since Budget 2014. Of these, 32 applications have been approved and 12 are under consideration.

The Real Estate Investment Trust option is subject to ongoing review.