EU warns Ireland's golden visa is vulnerable to tax abuse, mainly one nationality

Mark Battersby
clock • 3 min read

Ireland's visa-for-investment scheme was highlighted by a new European Parliament report as excessively vulnerable to abuse such as opening the door as a vehicle to facilitate tax avoidance.  The 53-page report by the European Parliamentary Research Service examined issues around the operation of visa-for-investment schemes offered by members of the European Union.  It picked out specific vulnerabilities in the Irish immigrant investor programme (IIP) run by the Department of Justice, which administers the scheme through the Irish Naturalisation and Immigration Service (INIS). The ...

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