Ireland (11 April 2022) – Immigrant Investor Programme applications will not be accepted from Russian citizens has been saved
Ireland (11 April 2022) – Immigrant Investor Programme applications will not be accepted from Russian citizens
IMPACT - MEDIUM
What is the change?
The Immigrant Investor Programme (IIP) provides investors with the opportunity to invest in Ireland while granting them and their nominated family members residence in Ireland under Stamp 4 conditions (if the application is successful). The Minister for Justice has recently instructed that no further applications from Russian citizens will be accepted into the Immigrant Investor Programme.
- Implementation time frame: Effective immediately.
- Who is affected: Russian citizens who are considering investing in Ireland.
Please do not hesitate to contact the Deloitte immigration team if you have any queries and we will be happy to assist.
Tom Maguire discusses the tax implications of foreign income in his Business Post Column
Reducing processing times for people coming to work here and improving our personal tax system are just two ways to ensure that Ireland can compete