After some evaluation, Ireland decided to stop the "Golden Visa" project favored by the wealthy Chinese class.

According to Bloomberg, the Irish Ministry of Justice issued a statement on Tuesday (February 14) that visa applications will no longer be accepted after February 15.

This 2012 investment immigration plan is suitable for non -EU citizens with a personal wealth of not less than 2 million euros (about S $ 2.85 million).

Simon Harris, Minister of Justice, said: "It is important that we need to review all visa projects, including any impact on a wider public policy, such as visa projects in culture, social and economyContinuousness and applicability of aspects. "

The Irish government said that since the launch of the visa project, it has led an investment in about 1.25 billion euros in Ireland.

According to the data submitted to the parliament last year, most of the applicants for this visa project are Chinese citizens. As of the 1547 applications received on June 23, approximately 1458 were Chinese.

According to the Irish Times, due to the large number of applicants in China, officials of the Ministry of Justice suggested last year to temporarily stop accepting new applications.

The Irish government said that the existing applications will continue to be processed.About 1,500 are still in the process of review.

One year ago, Britain also canceled its "golden visa" plan.The British visa project stipulates that if you invest 2 million pounds in the UK, you can obtain the right to residential in Britain. This project is welcomed by Chinese and Russian investors.