{"id":66999,"date":"2023-02-15T21:25:27","date_gmt":"2023-02-15T21:25:27","guid":{"rendered":"https:\/\/showbizztoday.com\/index.php\/2023\/02\/15\/ireland-ends-golden-visa-program\/"},"modified":"2023-02-15T21:25:28","modified_gmt":"2023-02-15T21:25:28","slug":"ireland-ends-golden-visa-program","status":"publish","type":"post","link":"https:\/\/showbizztoday.com\/index.php\/2023\/02\/15\/ireland-ends-golden-visa-program\/","title":{"rendered":"Ireland ends &#8216;golden visa&#8217; program"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\u2018Golden Visa\u2019 scheme granted Irish residence to non-EU nationals in return for funding in Ireland\u2019s financial system<\/p>\n<\/div>\n<div>\n<p>\n<iframe loading=\"lazy\" scrolling=\"no\" class=\"playht-iframe-player\" id=\"playht-iframe-player\" height=\"90px\" width=\"100%\" frameborder=\"0\" style=\"max-height: 90px; height: 90px !important;\" src=\"https:\/\/eturbonews.com\/no-more-russians-and-chinese-ireland-ends-golden-visa-program\/about:blank\" data-voice=\"en-US-Standard-D\" article-url=\"https:\/\/eturbonews.com\/?p=3089283\" data-appid=\"MjmFoGoWdJhUu3c\" allowfullscreen=\"\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/play.ht\/embed\/?article_url=https:\/\/eturbonews.com\/?p=3089283&amp;voice=en-US-Standard-D&amp;appId=MjmFoGoWdJhUu3c&amp;trans_id=-NOLx20Cd98qLkfq6gyB\"><br \/>\n\t<\/iframe><noscript><iframe loading=\"lazy\" scrolling=\"no\" class=\"playht-iframe-player\" id=\"playht-iframe-player\" height=\"90px\" width=\"100%\" frameborder=\"0\" style=\"max-height: 90px; height: 90px !important;\" src=\"https:\/\/play.ht\/embed\/?article_url=https:\/\/eturbonews.com\/?p=3089283&amp;voice=en-US-Standard-D&amp;appId=MjmFoGoWdJhUu3c&amp;trans_id=-NOLx20Cd98qLkfq6gyB\" data-voice=\"en-US-Standard-D\" article-url=\"https:\/\/eturbonews.com\/?p=3089283\" data-appid=\"MjmFoGoWdJhUu3c\" allowfullscreen=\"\"><br \/>\n\t<\/iframe><\/noscript>\n<\/p>\n<p>The authorities of the Republic of Ireland\u00a0introduced that it&#8217;s ending the Immigrant Investor Program (IIP), also called the \u2018Golden Visa\u2019 scheme, that granted Irish residence to non-EU nationals, in return for funding in Ireland\u2019s financial system.<\/p>\n<p>So-called \u2018<a href=\"https:\/\/eturbonews.com\/two-ways-to-get-a-visa-to-live-in-spain\/\" target=\"_blank\" rel=\"noreferrer noopener follow\" data-wpel-link=\"internal\">golden visas<\/a>\u2018 are used by countries worldwide to attract foreign investment. However, some see the practice as posing risks in terms of security, money laundering and tax evasion. Dublin\u2019s determination to finish its program comes a 12 months after the UK canceled its personal related scheme, citing nationwide safety considerations and this system\u2019s growing reputation amongst Russian nationals.<\/p>\n<p>According to the official assertion from Ireland\u2019s Department of Justice, IIP purposes will now not be accepted by the Republic of Ireland beginning at the moment.<\/p>\n<p>\u201cIt is important that we keep all programs under review including any implications for wider public policy, such as the continuing appropriateness and suitability of this program for cultural, social and economic use,\u201d Ireland\u2019s Justice Minister Simon Harris mentioned, asserting the top of this system.<\/p>\n<p>Established in 2012, the Immigrant Investment Program provided residence to traders from the nations exterior of the <a href=\"https:\/\/european-union.europa.eu\/index_en\" target=\"_blank\" rel=\"noreferrer noopener follow\" data-wpel-link=\"external\">European Union (EU)<\/a>, with a private wealth of no less than \u20ac2 million ($2.1 million) in the event that they invested a minimal of \u20ac1 million in <a href=\"https:\/\/eturbonews.com\/passenger-traffic-at-main-airports-in-ireland-up-230\/\" target=\"_blank\" rel=\"noreferrer noopener follow\" data-wpel-link=\"internal\">Ireland<\/a> for no less than three years. <\/p>\n<p>According to the Irish authorities\u2019s knowledge, IIP has accepted about \u20ac1.25 billion in non-EU funding since its inception 11 years in the past.<\/p>\n<p>Ireland\u2019s IIP was dominated by rich candidates from Russia and China. Lately, due to Russia\u2019s worldwide isolation attributable to its aggression in Ukraine, Chinese accounted for some 1,458 of the 1,547 purposes accepted by means of June final 12 months. According to Irish media studies, this reality led to justice division officers recommending that new purposes be halted.<\/p>\n<p>According to Minister Harris, IIP purposes that have been submitted previous to February 15 will nevertheless proceed to be thought-about.<\/p>\n<p>There are roughly 1,500 candidates at the moment awaiting a call. Projects which have already been accepted below this system can even be unaffected.<\/p>\n<div class=\"eturb-textlink eturb-target\" id=\"eturb-1003775206\" data-eturb-trackid=\"3085941\" data-eturb-trackbid=\"1\"><a href=\"https:\/\/time2023.com\" rel=\"noopener follow\" class=\"adv-link\" target=\"_blank\" data-wpel-link=\"external\"><picture><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3.png.webp 728w, https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3-300x37.png.webp 300w, https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3-600x74.png.webp 600w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20728%2090'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 728px) 100vw, 728px\"\/><img loading=\"lazy\" decoding=\"async\" alt=\"\" srcset=\"https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3.png 728w, https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3-300x37.png 300w, https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3-600x74.png 600w\" data-lazy-sizes=\"(max-width: 728px) 100vw, 728px\" width=\"728\" height=\"90\" src=\"https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3.png\"\/>\n<\/picture>\n<noscript><picture><source type=\"image\/webp\" srcset=\"https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3.png.webp 728w, https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3-300x37.png.webp 300w, https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3-600x74.png.webp 600w\" sizes=\"(max-width: 728px) 100vw, 728px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3.png\" alt=\"\" srcset=\"https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3.png 728w, https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3-300x37.png 300w, https:\/\/s9h7f8a7.rocketcdn.me\/wp-content\/uploads\/2023\/01\/WTNBanner-Time3-600x74.png 600w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" width=\"728\" height=\"90\"\/>\n<\/picture>\n<\/noscript><\/a><\/div>\n<\/p><\/div>\n<p><script type=\"4f12356f4faa7decb23fcec2-text\/javascript\">\n  window.fbAsyncInit = function() {\n    FB.init({\n      appId      : '{your-app-id}',\n      cookie     : true,\n      xfbml      : true,\n      version    : '{api-version}'\n    });<\/p>\n<p>    FB.AppEvents.logPageView();   <\/p>\n<p>  };<\/p>\n<p>  (function(d, s, id){\n     var js, fjs = d.getElementsByTagName(s)[0];\n     if (d.getElementById(id)) {return;}\n     js = d.createElement(s); js.id = id;\n     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n     fjs.parentNode.insertBefore(js, fjs);\n   }(document, 'script', 'facebook-jssdk'));\n<\/script><br \/>\n<br \/>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] \u2018Golden Visa\u2019 scheme granted Irish residence to non-EU nationals in return for funding in Ireland\u2019s financial system The authorities of the Republic of Ireland\u00a0introduced that it&#8217;s ending the Immigrant Investor Program (IIP), also called the \u2018Golden Visa\u2019 scheme, that granted Irish residence to non-EU nationals, in return for funding in Ireland\u2019s financial system. So-called [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":67001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":{"0":"post-66999","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tourism"},"_links":{"self":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/66999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=66999"}],"version-history":[{"count":0,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/posts\/66999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media\/67001"}],"wp:attachment":[{"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=66999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=66999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/showbizztoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=66999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}