Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Living aboard but savings in Ireland

  • 01-02-2010 9:08am
    #1
    happo
    Registered Users, Registered Users 2 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?


Comments

  • #2
    homer911
    Registered Users, Registered Users 2 Posts: 5,150 ✭✭✭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


Advertisement