The immigrant investors: Ireland welcomes you (and your €2m)

More than 200 business investors and charity donors became Irish residents this year

More than half a billion euro has been invested since the Immigrant Investor Programme was introduced in 2012, with the bulk of that occurring in the past number of years. Photograph: Getty Images

More than half a billion euro has been invested since the Immigrant Investor Programme was introduced in 2012, with the bulk of that occurring in the past number of years. Photograph: Getty Images

The nature of EU citizenship is being changed by a global industry that targets rich people, according to some people in Europe.

“We are all citizens of a nation state,but also of the EU,” says German Green Party MEP, Sven Giegold. “They are commercialising something that should not be a commodity,” he tells The Irish Times. “The right to become a citizen is earned by integration into society, and not by money. The whole concept is flawed.”

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