Written answers
Tuesday, 19 July 2016
Department of Justice and Equality
Immigrant Investor Programme Administration
Peter Fitzpatrick (Louth, Fine Gael)
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143. To ask the Minister for Justice and Equality the status of the immigrant investor programme; and if she will make a statement on the matter. [22761/16]
Frances Fitzgerald (Dublin Mid West, Fine Gael)
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The Immigrant Investor Programme, which was introduced in 2012, is open to non-EEA nationals and their families who commit to an approved investment in Ireland.
Each application is examined on its merits in a qualitative examination by an independent interdepartmental committee. The proposed investment must be beneficial for Ireland, including the creation or preservation of jobs, and be in the public interest. The funds invested have to be legally acquired and owned by the investor (i.e. not borrowed). The person has to be of good character.
Details of the Programme are available on the INIS website at www.inis.gov.ie.
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