China, under the leadership of the evil tyrants, the CCP, have been revealed to be not only indirect and direct supporters of war in Europe for Russia in Ukraine, but much more in the East and West.
Between 2012 and 2023, the Irish government ran an investment-for-visa program that allowed wealthy Chinese nationals to obtain Irish residency in exchange for investing at least €1 million in Irish real estate or other assets. The program was known as the Immigrant Investor Programme (IIP).
The IIP was controversial from the start. Critics argued that it was a “backdoor” for wealthy Chinese nationals to gain access to the European Union, and that it would allow Chinese intelligence agents to infiltrate Ireland. The Irish government defended the program, arguing that it was a legitimate way to attract foreign investment and that it had strict security measures in place to prevent abuse.
In 2023, the Irish government announced that it would be ending the IIP. The decision came after a number of high-profile cases of Chinese nationals using the program to launder money and evade taxes. The Irish government also cited concerns about the program’s impact on housing affordability in Ireland.
The IIP was a major source of revenue for the Irish government. Between 2012 and 2023, the program generated over €1.2 billion in investment. However, the program’s reputation was tarnished by a number of scandals. In 2018, it was revealed that a Chinese businessman who had obtained Irish residency through the IIP was a fugitive from justice in China. In 2020, it was revealed that a Chinese property developer who had obtained Irish residency through the IIP had used the program to launder money.
The IIP is a prime example of how China is using its wealth and economic power to gain influence in the West. The program allowed wealthy Chinese nationals to gain access to the European Union and to use Ireland as a base for their business operations. The program also allowed Chinese intelligence agents to infiltrate Ireland.
The Irish government’s decision to end the IIP is a welcome development. However, it is important to remember that China is still using its wealth and economic power to gain influence in the West. It is important for the West to be vigilant and to take steps to protect itself from Chinese interference.