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Stamp Duty

AthAnRi · 2006-02-12 15:00:48

I am thinking about joining forces with my sister and buying a house in Galway City. However I am currently working and living in England but am planning on returning to Galway in the next 6 months,but this may change to 12. I am led to believe that as I am not a 'resident' ie not paying tax in Ireland that I may be seen…

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12-02-2006 4:00pm

#1

AthAnRi

Registered Users Posts: 961 ✭✭✭

Join Date: July 2003

Posts: 887

I am thinking about joining forces with my sister and buying a house in Galway City. However I am currently working and living in England but am planning on returning to Galway in the next 6 months,but this may change to 12. I am led to believe that as I am not a 'resident' ie not paying tax in Ireland that I may be seen as a foreign investor and as a result have to pay the stamp duty.

Is there any way around this. Also will I be wasting my time trying to get the morgag from an Irish bank? or should I try the english ones?

any advice will be welcomed

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#2 14-02-2006 7:50pm
Victor

Registered Users Posts: 78,392 ✭✭✭✭

Join Date: December 2000

Posts: 68756

I suggest you talk to an accountant or solicitor on this.

What if you simply loan the money to your sister?

Take a look here: http://www.boards.ie/vbulletin/showthread.php?t=173124

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