Ireland: State's cash-for-visas scheme fails to attract global investors
07/01/2014 - Irelande - Anglais
Posté par : Country Coordinator Ireland
Under the Immigrant Investor and Entrepreneur Programmes, business people from outside the European Economic Area (EEA) can get residency here for themselves and their families for five years if they buy at least €1m in government bonds or invest a minimum of €500,000 in a business.
The programmes were introduced in April 2012 to incentivise foreign investment in an effort to boost the cash-strapped economy. However, take-up of the programmes has been disappointing, despite their being marketed abroad by Irish embassies and the IDA.
Source : http://www.independent.