State rejects dozens of controversial cash-for-visa seekers

Dozens of investments have been thrown out of the state’s controversial cash-for-visa scheme after applicants were wrongly advised that they could use borrowed money in their applications.

The applications, containing hundreds of thousands of euro in borrowings, came in late this spring and early this summer, after the Department of Justice mistakenly told users of the scheme that borrowings could be used in some circumstances to fund the €1 million investment needed to ...