A Programme Closed in 2023, and a Page That Still Describes It as Open
Answer
The general rule applies to you
No exception is recorded for citizens of Bolivia on this topic. That is the answer, not a gap - everything below is the rule you get, unchanged.
116 exceptions recorded across 45 countries · none match Bolivia to Ireland · Residency through investment
The Immigrant Investor Programme was Ireland's investment route, and it is shut. The Department's own closure FAQ says the Government agreed to close it to further applications from 15 February 2023, and gives the reason: the programme was introduced in 2012 when the struggling Irish economy needed investment, and concerns have since been expressed about investment programmes generally by the EU Commission, the Council of Europe and the OECD. What the programme asked for, while it was open, was a personal wealth of at least two million euro and an investment of at least one million for at least three years, in one of four options. The Department's main investment page still sets all of that out in the present tense and still gives an email address and a fee to pay. Two pages of one publisher, and they do not agree.
At a glance
- The Immigrant Investor Programme
- Closed to further applications from 15 February 2023
Stated by Immigration Service Delivery on its closure FAQ.
- A statutory investor class
- None in the Immigration Act 2004, which prescribes no classes at all
The programme was policy under the section 4 discretion, and closing it needed no instrument.
- What it asked for, while open
- Personal wealth of at least €2 million and an investment of at least €1 million
From the Department's investment page, which still states it in the present tense.
- How long the investment had to be held
- At least three years, on three of the four options
The endowment option was a donation rather than an investment.
- The endowment option
- €500,000, or €400,000 where five or more applications were received
The Department's wording, on the same page.
- Whether anything replaced it
- Not stated on either page we read
Neither the closure FAQ nor the investment page names a successor route.
Country-level policy
Most countries on this site answer the question what route exists with a list in a statute or a regulation. Ireland has no such list. Section 4(1) of the Immigration Act 2004 says an immigration officer may give a non-national a document authorising them to land or be in the State, section 4(6) says the officer may attach to it such conditions as to duration of stay and engagement in employment, business or a profession as he or she may think fit and may amend those conditions at any time, and section 5 says anyone in the State outside a permission is unlawfully present for all purposes. Everything a reader will be told to look for - Stamp 0, Stamp 2, Stamp 4, the retirement route, the investor programme - is the Department's name for a bundle of section 4(6) conditions. That is why the thresholds on this country's records come from web pages rather than from instruments, why they can change without a commencement date, and why a programme could be closed in February 2023 by a decision rather than by an order.
What applies to you
Nothing changes for a citizen of Bolivia
We have no rule recorded that treats your citizenship differently here, so the general rule above is the one that applies to you. That is an answer, not a gap.
What the law says
«The Government agreed to close the Immigrant Investor Programme (IIP) to further applications from 15 February 2023. The Programme was introduced in 2012 when the struggling Irish economy needed investment.»About this source
The Department's own account of how it exercises the discretion in section 4 of the Immigration Act 2004: what each immigration stamp permits, what each route asks for, what documents to send and where. Because Irish law prescribes no residence classes, these pages are the only published statement of the thresholds and conditions that decide most residence applications.
Standing:
Cannot be cited for: Nothing here is law. Every figure on these pages - the 50,000 euro a year for a person of independent means, the hours a student may work, the sums the investor programme asked for - is departmental policy about the exercise of a statutory discretion, published on a page the Department can change without notice and without a commencement date. The pages also contradict each other: the Department's closure FAQ says the Immigrant Investor Programme stopped taking applications on 15 February 2023 while its main investment page still describes the programme in the present tense and gives a fee to pay. Page addresses are unstable and several guessed paths returned the Department's own 404 page rather than a failure to reach the site. Treat a page here as evidence of what the Department says, never as evidence of what the law requires.
We re-read it every 60 days. More about this source
«The Programme has fulfilled its purpose and now, due to changed circumstances it means that such investment routes are no longer a good fit for the needs of a thriving economy and society. In recent years serious concerns have been expressed about immigrant investment programmes generally by The EU Commission, Council of Europe and OECD»The reason given, in the Department's words. It names three bodies and does not say which concern was decisive.
Read it at the sourceAbout this source
The Department's own account of how it exercises the discretion in section 4 of the Immigration Act 2004: what each immigration stamp permits, what each route asks for, what documents to send and where. Because Irish law prescribes no residence classes, these pages are the only published statement of the thresholds and conditions that decide most residence applications.
Standing:
Cannot be cited for: Nothing here is law. Every figure on these pages - the 50,000 euro a year for a person of independent means, the hours a student may work, the sums the investor programme asked for - is departmental policy about the exercise of a statutory discretion, published on a page the Department can change without notice and without a commencement date. The pages also contradict each other: the Department's closure FAQ says the Immigrant Investor Programme stopped taking applications on 15 February 2023 while its main investment page still describes the programme in the present tense and gives a fee to pay. Page addresses are unstable and several guessed paths returned the Department's own 404 page rather than a failure to reach the site. Treat a page here as evidence of what the Department says, never as evidence of what the law requires.
We re-read it every 60 days. More about this source
«The Immigrant Investor Programme (IIP) is a pathway for non-EEA nationals to secure immigration permission to Ireland on the basis of long-term investment of a sum of money in a project that has been approved for that purpose by the Department of Justice, Home Affairs and Migration and other Government stakeholders.»Written in the present tense on a page that is live today, more than three years after the Department's own FAQ says the programme closed.
Read it at the sourceAbout this source
The Department's own account of how it exercises the discretion in section 4 of the Immigration Act 2004: what each immigration stamp permits, what each route asks for, what documents to send and where. Because Irish law prescribes no residence classes, these pages are the only published statement of the thresholds and conditions that decide most residence applications.
Standing:
Cannot be cited for: Nothing here is law. Every figure on these pages - the 50,000 euro a year for a person of independent means, the hours a student may work, the sums the investor programme asked for - is departmental policy about the exercise of a statutory discretion, published on a page the Department can change without notice and without a commencement date. The pages also contradict each other: the Department's closure FAQ says the Immigrant Investor Programme stopped taking applications on 15 February 2023 while its main investment page still describes the programme in the present tense and gives a fee to pay. Page addresses are unstable and several guessed paths returned the Department's own 404 page rather than a failure to reach the site. Treat a page here as evidence of what the Department says, never as evidence of what the law requires.
We re-read it every 60 days. More about this source
«Applicants to the IIP must be high net worth individuals with a personal wealth of at least €2 million. The IIP requires applicants to invest a minimum of €1 million for a minimum of three years. The funds used for an investment must be from the applicant’s own resources and not financed through a loan or other such facility.»About this source
The Department's own account of how it exercises the discretion in section 4 of the Immigration Act 2004: what each immigration stamp permits, what each route asks for, what documents to send and where. Because Irish law prescribes no residence classes, these pages are the only published statement of the thresholds and conditions that decide most residence applications.
Standing:
Cannot be cited for: Nothing here is law. Every figure on these pages - the 50,000 euro a year for a person of independent means, the hours a student may work, the sums the investor programme asked for - is departmental policy about the exercise of a statutory discretion, published on a page the Department can change without notice and without a commencement date. The pages also contradict each other: the Department's closure FAQ says the Immigrant Investor Programme stopped taking applications on 15 February 2023 while its main investment page still describes the programme in the present tense and gives a fee to pay. Page addresses are unstable and several guessed paths returned the Department's own 404 page rather than a failure to reach the site. Treat a page here as evidence of what the Department says, never as evidence of what the law requires.
We re-read it every 60 days. More about this source
«- Enterprise Investment : A minimum of €1 million invested in an Irish enterprise for a period of at least three years - Investment Fund: A minimum of €1 million invested in an approved investment fund for a period of at least three years. Such funds must be approved and regulated by the Central Bank - Real Estate Investment Trusts: A minimum investment of €2 million in any Irish REIT that is listed on the Irish Stock Exchange, for a period of at least three years - Endowment: A minimum €500,000 (or €400,000 where 5 or more applications are received) philanthropic donation to a project which is of public benefit to the arts, sports, health, culture or education in Ireland.»The page prints these as a bulleted list; the hyphens in our quotation are the bullets as our capture renders them.
Read it at the sourceAbout this source
The Department's own account of how it exercises the discretion in section 4 of the Immigration Act 2004: what each immigration stamp permits, what each route asks for, what documents to send and where. Because Irish law prescribes no residence classes, these pages are the only published statement of the thresholds and conditions that decide most residence applications.
Standing:
Cannot be cited for: Nothing here is law. Every figure on these pages - the 50,000 euro a year for a person of independent means, the hours a student may work, the sums the investor programme asked for - is departmental policy about the exercise of a statutory discretion, published on a page the Department can change without notice and without a commencement date. The pages also contradict each other: the Department's closure FAQ says the Immigrant Investor Programme stopped taking applications on 15 February 2023 while its main investment page still describes the programme in the present tense and gives a fee to pay. Page addresses are unstable and several guessed paths returned the Department's own 404 page rather than a failure to reach the site. Treat a page here as evidence of what the Department says, never as evidence of what the law requires.
We re-read it every 60 days. More about this source
Practical notes
The contradiction is the finding. A reader who arrives at the Department's investment page from a search engine is told how to apply to a programme that stopped taking applications in February 2023, and the link to the closure notice sits at the top of the same page in smaller type.
Nothing here was enacted. An investment programme run under the section 4 discretion can be opened, changed and closed by decision, which is what happened, and there is no instrument to check it against.
- publishesFAQs - Closure of the Immigrant Investor Programme
Immigration Service Delivery, Department of Justice, Home Affairs and Migration
About this source
The Department's own account of how it exercises the discretion in section 4 of the Immigration Act 2004: what each immigration stamp permits, what each route asks for, what documents to send and where. Because Irish law prescribes no residence classes, these pages are the only published statement of the thresholds and conditions that decide most residence applications.
Standing:
Cannot be cited for: Nothing here is law. Every figure on these pages - the 50,000 euro a year for a person of independent means, the hours a student may work, the sums the investor programme asked for - is departmental policy about the exercise of a statutory discretion, published on a page the Department can change without notice and without a commencement date. The pages also contradict each other: the Department's closure FAQ says the Immigrant Investor Programme stopped taking applications on 15 February 2023 while its main investment page still describes the programme in the present tense and gives a fee to pay. Page addresses are unstable and several guessed paths returned the Department's own 404 page rather than a failure to reach the site. Treat a page here as evidence of what the Department says, never as evidence of what the law requires.
We re-read it every 60 days. More about this source
- publishesI want to invest in Ireland
Immigration Service Delivery, Department of Justice, Home Affairs and Migration
About this source
The Department's own account of how it exercises the discretion in section 4 of the Immigration Act 2004: what each immigration stamp permits, what each route asks for, what documents to send and where. Because Irish law prescribes no residence classes, these pages are the only published statement of the thresholds and conditions that decide most residence applications.
Standing:
Cannot be cited for: Nothing here is law. Every figure on these pages - the 50,000 euro a year for a person of independent means, the hours a student may work, the sums the investor programme asked for - is departmental policy about the exercise of a statutory discretion, published on a page the Department can change without notice and without a commencement date. The pages also contradict each other: the Department's closure FAQ says the Immigrant Investor Programme stopped taking applications on 15 February 2023 while its main investment page still describes the programme in the present tense and gives a fee to pay. Page addresses are unstable and several guessed paths returned the Department's own 404 page rather than a failure to reach the site. Treat a page here as evidence of what the Department says, never as evidence of what the law requires.
We re-read it every 60 days. More about this source