Source document

Minister Harris announces closure of the Immigrant Investor Programme

Department of Justice (gov.ie) · Government · 14 Feb 2023 · Ireland

Has everything in it been taken?

CompleteReviewed 8 Oct 2026

Reviewed. Everything in it that belongs in the tables has been taken.

What the document holds

Department of Justice press release of 14 Feb 2023 closing the IIP to applications from close of business 15 Feb 2023 (closure event in the data): approved investment of almost €1.252 billion since inception and approximately 1,500 cases on hand (both in the data); summary of conditions at closure (net worth €2m; enterprise €1m, approved fund €1m, REIT €2m, endowment €500,000 or €400,000 pooled; bond and mixed options suspended in 2016; all already in program_terms); existing projects continue and may source new investors; three months for well-developed projects and under-subscribed approved funds to submit applications (described in words in the closure event context; no new numbers). STEP continues (out of scope).

What it supports

4 rows on this site come from this document. Each one opens with the page and the exact words.

About the document

What it covers Closure decision and stated reasons; total approved investment since 2012; cases on hand at closure; wind-down terms.

Notes Simon Harris was acting Minister for Justice in February 2023 (covering Helen McEntee's maternity leave). Same text also on irishimmigration.ie. Page last updated 12 April 2025.

Source id irl-doj-closure-pr-2023 · accessed 2 Oct 2026