The veil of secrecy surrounding the state’s golden visa scheme, otherwise known as the Immigrant Investor Programme (IIP), is rarely pierced. Set up in 2012 in the depths of the recession to stimulate the Irish economy, the IIP grants residency permits to wealthy non-EEA nationals in exchange for a €1 million investment. Details about the vetting process are shrouded in secrecy. What little information there is about the programme comes out in dribs and drabs; the number of applicants, where they are from (China mostly), and where their money goes. Is it a success? The IIP has so far generated…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.