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.
To date, more than 1,400 IIP applications have been approved for investment. This figure relates to primary applicants only and does not include dependent family members included in applications.
Statistics are not maintained in such a way as to provide the information on all IIP residence permissions granted, as requested by the Deputy. However, I can say that there are on average about three dependent family members associated with each primary applicant. It should also be noted that even though all eligible dependent family members listed on the application are approved, they may not apply for the D Reside Visa at the same time as the primary applicant.
The following table provides a breakdown of IIP primary applicants approved by nationality since the inception of the programme to the end of 2021. Only very occasionally will the nationality of a dependent family member differ from that of the primary applicant. The vast majority of IIP beneficiaries require a visa to enter the State, with the exception of the USA and South Africa. The visa process is separate to the IIP application and it is not possible to identify all successful IIP residence permissions applicants granted a D Reside Visa.
Nationality
|
Applications approved
|
China
|
1,343
|
USA
|
25
|
Vietnam
|
9
|
Saudi Arabia
|
5
|
South Africa
|
4
|
Rest of the World
|
45
|
TOTAL
|
1,431
|