Thomas Byrne
Question:302. Deputy Thomas Byrne asked the Minister for Justice and Equality if Irish family-owned businesses can involve an immigrant investor in the company; and the requirements for such a development. [39288/17]
View answerWednesday, 20 September 2017
Questions (302)
Written answers
I am informed by the Irish Naturalisation and Immigration Service (INIS) of my Department that the Immigrant Investor Programme (IIP) is open to non-EEA nationals and their families who commit to an approved investment in Ireland. The IIP criteria requires that the investment has to be good for Ireland, good for jobs and in the public interest, the funds invested have to be legally acquired and owned by the investor (i.e. not borrowed). There is nothing to exclude an Investment being made to a family run business once the criteria of the programme are met.
Further details and the relevant application form is available on the INIS Website www.inis.gov.ie.