The new flick is called 'The Turning' and stars 15-year-old Finn Wolfhard, who played Mike Wheelan in 'Stranger Things'.
It's based on the Henry James novella, 'The Turn Of The Screw', which has been already adapted for screen in the past.
The Oscar winning director is understood to be staying at Druid's Glen Hotel while shooting his new movie in Kilruddery in County Wicklow.
But this isn't his first time visiting our shores. Speilberg was here to shoot scenes of 'Saving Private Ryan' at Curracloe Beach.
And he was in Wicklow to meet with Daniel Day-Lewis and, as legend has it, the two movie icons ended up on a pub crawl in Roundwood to discuss making ' Lincoln' together.