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Question

186. Deputy Michael McGrath asked the Minister for Justice and Equality the number of applications received for residency here, based on the extension of criteria for investors in budget 2014; and if she will make a statement on the matter. [5385/15]

Answer

Minister for Justice and Equality (Deputy Frances Fitzgerald): I assume the Deputy is referring to the Real Estate Investment Trust (REIT) option to the Immigrant Investor Programme which was introduced in Budget 2014. This is a demand led scheme and to date, there have been no applications for the REIT option.