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Question

120. Deputy Joe Carey asked the Minister for Justice and Equality the number of €1 million investments successfully made through the immigration investor programme that have contributed to social housing projects; and if he will make a statement on the matter. [48453/17]

121. Deputy Joe Carey asked the Minister for Justice and Equality the number of persons who have made €1 million investments since January 2017 under the immigration investor programme (details supplied); and if he will make a statement on the matter. [48454/17]

122. Deputy Joe Carey asked the Minister for Justice and Equality the number of visas granted under the endowment option of the immigration investor programme in 2017; and if he will make a statement on the matter. [48455/17]

Answer

Minister for Justice and Equality (Deputy Charles Flanagan): I propose to take Questions Nos. 120 to 122, inclusive, together.
I have been advised by the Irish Naturalisation and Immigration Service (INIS) of my Department that the investment threshold for applications to the Immigrant Investor Programme was returned to the original €1.0m for any application received from the 2nd January 2017.
Since January 2017, some 262 applications have been received.  233 are for an investment of €1.0m. per investor. 34 of the applicants have made an application at €1.0m to invest in a social housing project.
In respect of the endowment option under the overall scheme, 29 applications have been received since January 2017, of which 20 have been approved and the remaining 9 are at varying stages of processing.