Written answers

Tuesday, 29 March 2022

Department of Justice and Equality

Visa Applications

Photo of Patrick CostelloPatrick Costello (Dublin South Central, Green Party)
Link to this: Individually | In context | Oireachtas source

552. To ask the Tánaiste and Minister for Justice and Equality the number of persons who have availed of the Ireland investor visa in the past three years; and the nationalities of each. [16002/22]

Photo of Helen McEnteeHelen McEntee (Meath East, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The Immigrant Investor Programme (IIP) was introduced in April 2012 to encourage inward investment and create business and employment opportunities in the State. The programme provides investors with the opportunity to invest in Ireland. Key to the programme is that the investments are beneficial for Ireland, generate or sustain employment and are generally in the public interest.

Successful applicants under the Immigrant Investment Programme and their nominated family members are granted a residence permission in Ireland under Stamp 4 conditions. Stamp 4 conditions permit non-EEA nationals to work, study or start their own businesses in Ireland. Therefore, given the significant immigration benefits accruing and to ensure the highest degree of transparency and accountability for the programme, all applications are subject to enhanced levels of due diligence processes in respect of both personal and financial checks to protect the State's interests.

The information requested by the Deputy is included in the table below. Where the figures for individual nationalities are two or fewer they are not set out separately, due to the risk of identification.

Nationality Approvals 2019 Approvals 2020 Approvals 2021
China 227 259 254
USA 4 6 3
Rest of the World 6 5 6

Comments

No comments

Log in or join to post a public comment.