Special visas to target BRIC

THE Government couldintroduce special visas aimed at allowing high net-worth overseas entre-preneurs establish Irish bases before the end of the year.

The policy, which is already well used in the US and Canada, has been put forward by Fine Gael TD for Dublin South Peter Mathews, who sees it as a way of creating more jobs and boosting exports to emerging markets.

He claims the policy could be fast-tracked by the autumn, with IDA Ireland then possibly headhunting specific individuals or companies within the BRIC countries (Brazil, Russia, India and China).