Ireland closes 'golden visa' investor scheme with one day notice amid EU criticism 

Mark Battersby
clock • 5 min read

Ireland today (15 February) closed its investor visa scheme that provided immigration rights to wealthy foreigners investing at least €1m amid strong attacks by the European Union on such schemes. Ireland's Immigrant Investor Programme, which also provided visas to those donating 500,000 euros to philanthropic causes, has received investments of over €1.2bn over a decade, Justice Minister Simon Harris said in a statement on 14 February.  Applications will no longer be accepted from close of business today 15 February 2023. There are approximately 1,500 cases on hand. International ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login