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Visa Applications

Dáil Éireann Debate, Tuesday - 29 March 2022

Tuesday, 29 March 2022

Ceisteanna (552)

Patrick Costello

Ceist:

552. Deputy Patrick Costello asked the Minister for Justice the number of persons who have availed of the Ireland investor visa in the past three years; and the nationalities of each. [16002/22]

Amharc ar fhreagra

Freagraí scríofa

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

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