Dáil Éireann Debate, Tuesday - 28 July 2026
2199. Deputy Michael Cahill asked the Minister for Justice, Home Affairs and Migration to open a dedicated immigrant investor programme in respect of schools, healthcare facilities and sport, with rules and regulations in place; and if he will make a statement on the matter. [55789/26]
View answerThe Immigrant Investor Programme (IIP) was established over a decade ago during a time of unprecedented economic difficulty to stimulate investment in Ireland that would be of strategic and public benefit to the State. Since its inception, the Programme has brought significant investment to Ireland and has been operated by the Department to the highest professional standards.
However, it is important that we keep all programmes under review and having taking into account both internal and external reviews including implications for wider public policy, such as the continuing appropriateness and suitability of this programme for cultural, social and economic use, the Government agreed to close the IIP to further applications from 15 February 2023.
My Department has no plans to replace the IIP with a similar scheme.
