New residency scheme could yield €93m annually | Business Post

A spokesman for Helen McEntee, the Minister for Justice, said the scheme should have a positive impact on taxation and social insurance yield. Picture: RollingNews.ie

The new residency scheme for undocumented migrants could raise €93 million annually for the state, according to official research. Many undocumented migrants have been working in the shadow economy and paying no tax or PRSI contributions due to their lack of legal status. They are now being offered the opportunity to receive residency permits under a new regularisation scheme if they have been here for at least four years, or for at least three years...

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gillian Nelis on food: Big flavours, small portions at a new Dublin wine bar | Business PostThe recently-opened Note on Fenian Street offers tasty snacks to go with its low intervention, biodynamic-focused wine list
Source: businessposthq - 🏆 8. / 71 Read more »

Housing for All won’t mean more new-builds for private buyers | Business PostSocial housing and cost rental homes will absorb extra numbers of homes typically sold on the open market
Source: businessposthq - 🏆 8. / 71 Read more »

Peter O’Dwyer: The new knowns and many unknowns of NBI | Business PostPoliticians uncovered more information about the National Broadband Plan in recent days, but serious questions remain about the financing, ownership, control and progress of the state’s biggest ever deal
Source: businessposthq - 🏆 8. / 71 Read more »