Patrick Costello (Dublin South Central, Green Party)
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1192.To ask the Tánaiste and Minister for Justice and Equality what constitutes ‘business or trade’ under the restriction relating to the Stamp 2 provision prohibiting individuals engaging ‘in any other business or trade’; if setting up a company outside of Ireland would be considered a violation; if this restriction extends to trading in financial markets or simply holding shares in a company; and if owning or running a business outside of Ireland is also prohibited under a Stamp 2 visa.[35512/24]

Helen McEntee (Meath East, Fine Gael)
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A Stamp 2 immigration residence permission indicates permission to study a full time course of education on the official Interim List of Eligible Programmes (ILEP) for a specified period, subject to conditions; a Stamp 2A permission similarly relates to a full time course not on the ILEP.

The primary purpose of these Stamp categories is to provide opportunities for study in Ireland. All applicants must show that they have sufficient funds to support their stay in Ireland without recourse to public funds, or the reliance on casual employment. However, the persons concerned may engage in casual employment for a maximum of 20 hours per week during school term and 40 hours per week during holidays.

Holders of Stamp 2 permission are not permitted to engage in any business or trade within the State. This means that they must not own any company or operate as a sole trader registered in Ireland.

The holder of Stamp 2 immigration permission must be continuously resident in the State for the duration of the permission granted with allowance for reasonable periods of absence for reasons such as family or exceptional circumstances, holidays, or commitments arising from employment in the State. The conditions of residence apply to activities and residence within the State.