The deal is expected to be formally signed in London on Wednesday.
A memorandum of understanding, guaranteeing the reciprocal rights of Irish and British citizens under the Common Travel Area (CTA), will be signed by the Irish and UK governments in London on Wednesday.
According to The Guardian, the deal will be signed by Tánaiste Simon Coveney and Cabinet Office minister David Lidington before an British-Irish intergovernmental conference in London, which was organised following the murder of journalist Lyra McKee in Derry last month.
The deal will ensure that the reciprocal rights for British and Irish citizens under the Common Travel Area (CTA), which dates as far back as 1922, will be guaranteed.
The Common Travel Area includes more than the basic right to travel freely between Ireland and the United Kingdom, also covering access to social benefits, access to healthcare, access to social housing supports and the right to vote in certain elections.
It does not, however, relate to goods or customs issues.
Approximately 350,000 Irish citizens living in the United Kingdom and approximately 300,000 UK citizens living in Ireland will benefit from the guarantees in the deal.
The deal reaffirms the special status Ireland will have with the United Kingdom compared to other EU countries in any Brexit arrangement, committed to by both governments throughout the Brexit process, given the historical ties between the countries.
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