Irish Seek to Tempt Millionaires With Bonds Giving Buyers Visas
Ireland plans to sell a bond with a different kind of coupon: a resident’s visa.
Under proposals to be laid out next month, the government will offer the visas to investors who spend at least 2 million euros ($2.7 million) on a new “low-interest” security, 1 million euros on property or invest in an Irish company. The sale is aimed at people from outside the European Union who need permits to live and work in the 27-member bloc.