Ireland will review its Business Permission visa policy requirements in an attempt to spur entreprenuership and boost the country’s ailing economy.
Eoghan Murphy, a Fine Gael TD for Dublin South-East, proposed changes to the existing Business Permission visa scheme during a recent debate; Proposals include reducing the funding requirement for an applicant’s startup company under the entrepreneur visa scheme from €300,000 to €200,000.
Murphy’s proposals also include allowing more than one person to apply in the same application as business partners under the scheme. According to Murphy, the current single-person requirement places too much of a burden on startup founders; Many businesses need at least two partners at startup.
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July 8th, 2011
Tushar Mathur
Posted in Uncategorized
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