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Ireland’s new Employment Permits Act 2024 goes into effect
Ireland’s new Employment Permits Act 2024 (i.e., “the Act”) went into effect on 2 September 2024. The Act applies to non-EEA nationals who seek to work and reside in Ireland. Ireland introduced the Employment Permits Bill in October 2022 to enable Irish employers to attract and retain international talent more easily, fill key skills shortages in the Irish labor market and encourage further foreign direct investment in Ireland. Minister for Enterprise, Trade and Employment Peter Burke (i.e., “the Minister”) and Minister of State for Business, Employment and Retail Emer Higgins confirmed that the authorities signed the implementing regulations of the Act on 28 August 2024.
A Tax Alert prepared by EY's People Advisory Services, and attached below, provides additional details.