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Living aboard but savings in Ireland

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  • 01-02-2010 10:08am
    #1
    happo
    Registered Users Posts: 46 ✭


    Hi Guys,

    I have been living outside of Ireland now for about 3 years and due to the exchange rate of the AUS dollar in comparison to the euro I am thinking of transferring my savings into an Irish bank account as I intend to return in 12 - 18 months.

    My real question is, am I able to avoid paying any extra taxes or charges as I am not living in Ireland or would I incur any extra charges or taxes? Also would the same the question apply if I bought a property in Ireland but not living in Ireland?


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    #2
    homer911
    Registered Users Posts: 5,119 ✭✭✭homer911


    happo wrote: »
    Hi Guys,

    I have been living outside of Ireland now for about 3 years and due to the exchange rate of the AUS dollar in comparison to the euro I am thinking of transferring my savings into an Irish bank account as I intend to return in 12 - 18 months.

    My real question is, am I able to avoid paying any extra taxes or charges as I am not living in Ireland or would I incur any extra charges or taxes? Also would the same the question apply if I bought a property in Ireland but not living in Ireland?

    Interest earned on any sums remitted would be free of dirt as you are non-resident, but you really need specialist tax advice, or look up a few websites for accountancy firms in Ireland who may have a FAQ section for returning ex-pats


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