Brexit: banking on Ireland

After the surprising result of the EU referendum, one of the most commonly heard conversations among distraught remain voters was their eligibility for citizenship of other countries. Passport application websites were overwhelmed by traffic from would be citizens seeking a way to retain links with the EU and one of the most popular outcomes was a surge in applications for Irish passports from British citizens.

In the three months following the referendum, there was an 83% increase in the number of UK and Northern Irish citizens applying for Irish passports.

But it’s not just individual citizens who are looking to Ireland for post-Brexit security; an entire business ecosystem could cross the Irish Sea.

Banking on Ireland?

In the lead up to the referendum and ever since the vote to leave was cast, passports of a different nature were making headlines. This time it was the banking industry, with many leaders sharing their concerns that an exit