More than 1,400 international millionaires have bought Irish residency over the past ten years.
The Government's Immigrant Investor Programme grants residency to the super-wealthy in exchange for an investment in the State.
Since it was set up in 2012, 1,431 applications for residency have been granted to millionaires from across the world.
To apply, candidates must have a net worth of more than €2 million and invest significantly in an Irish enterprise, an investment fund, a real estate fund or give a donation to a project of public benefit.
To date more than a billion euro has been invested through the scheme.
The most recent example is Louth GAA, which has managed to raise €14.8 million from foreign investors to put their stadium project back on track.
Almost 94% of those granted Irish residency have been Chinese nationals.
25 requests were granted to Americans, nine to people from Vietnam and 5 Saudis have been approved.
Only three applications were made for Irish residency by Russian millionaires, with all denied.
The programme has been closed to Russian citizens since March of this year.
Each candidate is screened by the Department with their residency reviewed after two years.
Reporting by Seán Defoe
