Xi Jinping, then Vice-President of the People’s Republic of China, now its leader, sampling an Irish Coffee during his three day visit to Ireland in 2012
1,088 Chinese citizens have paid up to €1 million to live in Ireland in a Government cash-for-residency scheme.
The money has gone into housing, nursing home and other projects.
The Irish Times reports that Department of Justice figures reveal that non-EU citizens have given €826.5 million to businesses and charities here in return for the right to live in the Republic since 2012.
Chinese citizens accounted for 1,088 of 1,166 investors since the start of the Immigrant Investor Programme (IIP).
It must be our climate.
They have a yen for it.