Trinity in plan to maximise ‘cash for visas’ earnings due to concerns scheme could be scrapped

A memo, seen by the Business Post, told board members at the university that there was a ‘short window of opportunity’ to raise extra cash from Chinese investors amid fears the Immigrant Investor Programme could close due to pressure from Europe

Trinity has received more than €17 million from 44 Immigrant Investor Programme donors since 2018. Picture: Getty

Trinity officials urged the university’s board to open itself up to as much investment as possible from China through the controversial “cash for visas” scheme over fears the programme could be scrapped, the Business Post has learned.

An internal memo, seen by this newspaper, shows that the country’s oldest university developed a plan to try and increase the amount of money it takes in through the Immigrant Investor Programme (IIP), a month after a report ...