Who's really benefitting from the Irish 'golden visas' bought by Chinese millionaires?

'Golden visas' give wealthy non-Europeans the right to live in Ireland in exchange for an upfront investment or donation. The scheme enacted in 2012 has since become dominated by Chinese applicants, even though many are not taking up their right to reside here. Irish organisations benefitting from some of the €1.7bn raised include universities, social housing charities and even sporting organisations. They rely heavily on the fund but neither they, nor the foreign donors, are obliged to disclose it. Arthur Beesley reports on the businesses and groups in receipt of money from the Immigrant Investor Programme, the lack of transparency around it, and the disquiet in the Department of Justice at the level of Chinese participation in it; while continuing to grant the visas. Presented by Bernice Harrison.<br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>