Michael Healy-Rae (Kerry, Independent)
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675. To ask the Tánaiste and Minister for Justice and Equality the current status of the immigrant investor programme; if it is open or closed; and if he will make a statement on the matter. [37833/25]

Michael Healy-Rae (Kerry, Independent)
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676. To ask the Tánaiste and Minister for Justice and Equality if there are currently any applications being assessed under the immigrant investor programme or any applications under appeal; and if he will make a statement on the matter. [37834/25]

Jim O'Callaghan (Dublin Bay South, Fianna Fail)
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I propose to take Questions Nos. 675 and 676 together.

The Government agreed to close the Immigrant Investor Programme (IIP) to further applications from 15 February 2023. Only the project proposals currently on hand will be processed to completion, and by default, the individual investor applications associated with them.

Since the closure of the programme, my Department has continued to process investor applications and submit remaining projects proposals to the Evaluation Committee for consideration and recommendation.

At present, there are approximately 100 IIP project proposals undergoing, or awaiting, such consideration.

The relevant unit in my Department is committed to ensuring that all applications will be examined on their own merits and will endeavour to conclude all decisions in a timely manner.

The unit communicates with projects seeking to benefit from investments made in connection with an IIP application in relation to how the terms of the programme may apply to their particular project. It also engages with projects and monitors them for their compliance with the IIP requirements.

I can advise you that further details concerning the processing of outstanding IIP applications is published on the Immigration Service website of my Department, including an FAQ document. Both can be accessed at the following link: www.irishimmigration.ie/processing-of-iip-applications-on-hand-following-the-closure-of-the-programme/