Irish universities secured millions through ‘golden visa’ scheme, records show

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Immigrant Investor Programme closed this week amid concerns over a surge in applications from China

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Records show University of Galway was approached about the scheme in 2018 by Kylin Prime, a real estate investor which has subsidiaries in Ireland, Switzerland and Cyprus. It outlined a Dundalk-based firm, Lawlor Associates Consulting Ltd, would secure IIP donors for the university on behalf of Kylin Prime. The memo said individuals the firm assisted in applying for the residency scheme were mainly Chinese nationals.

The records were released to The Irish Times following a series of requests under the Freedom of Information Act.DCU accepted 11 donations of €400,000 each under the scheme towards the development of a new science, computing and engineering building on its Glasnevin campus. While records show the university used Lawlor Associates Consulting as agents to secure donations, DCU refused to disclose details of fees it paid the firm for the work.

 

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