Government to review €1m ‘golden visa’

A surge in applications last year contributed to a decision to double the investment threshold required for the scheme, called the Immigrant Investment Programme, from €500,000 to €1 million

Richard Barrett

The cash-for-visa scheme popular with wealthy Chinese investors is to be reviewed after criticism and concerns around how it works.

A surge in applications last year contributed to a decision to double the investment threshold required for the scheme, called the Immigrant Investment Programme, from €500,000 to €1 million.

“The department intends to carry out a comprehensive review and analysis of the Immigrant Investment Programme to assess the impact, success or otherwise of ...