Dáil Éireann Debate, Tuesday - 17 May 2016
141. Deputy Brendan Griffin asked the Tánaiste and Minister for Justice and Equality if the new permission to reside income thresholds for retirees from the US apply to persons who have purchased homes in Ireland; and if she will make a statement on the matter. [10526/16]
View answerI wish to inform the Deputy that persons who have already been granted permission prior to the publication last year of the financial thresholds are not affected and their permissions can be renewed on the same terms as before provided they continue to comply with the terms of their permission and remain law abiding.
For persons who have not yet received permission and who were in the process of moving to Ireland prior to becoming aware of the financial requirements introduced last year, each case will be considered on its merits. The fact that a person had already purchased a home in Ireland would be a relevant factor in any consideration.
More generally, the key financial consideration in respect of a retiree is that the person must have sufficient and sustainable resources to ensure that they will not now or in the future become a burden on the State.
