Irish Examiner view: Respect for Irish passport must be protected

Immigrant Investment Programme, allowing Irish residency and passports on basis of investment, was a good idea but poorly run

The Immigrant Investment Programme was closed down last February. Picture: Colin Keegan/Collins

Details are only emerging now, thanks to a report from consultants EY which has just been published, about the Immigrant Investment Programme (IIP) which was closed down last February.

The programme — allowing immigrants to secure Irish residency and passports on the basis of investment in the country — was a good idea in principle but appears to have been poorly run, going by the consultants’ report.