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What formalities need for non-EU people to buy a house in ireland

  • 10-01-2011 11:01pm
    #1
    en.r4cart
    Banned (with Prison Access) Posts: 141 ✭✭


    what formalities need for non-EU people to buy a house in ireland?
    Thanks.


Comments

  • #2
    Victor
    Registered Users, Registered Users 2 Posts: 78,580 ✭✭✭✭Victor


    I don't think there are any special rules about buying the property. However, there will be the usual rules about immigration* and funding**.


    * Not a lot of sense in buying a property if you can't live here.
    ** If paying from your own resources, the bank may have to report the transfer of €X00,000 under money laundering legislation. If you are applying for a mortgage here, the bank may make you jump through hoops.


  • #3
    Dandelion6
    Registered Users, Registered Users 2 Posts: 1,405 ✭✭✭Dandelion6


    If you don't have a Stamp 4 you might have difficulty getting a mortgage. But this is up to the lender, it's not a law.


  • #4
    en.r4cart
    Banned (with Prison Access) Posts: 141 ✭✭en.r4cart


    Victor wrote: »
    I don't think there are any special rules about buying the property. However, there will be the usual rules about immigration* and funding**.


    * Not a lot of sense in buying a property if you can't live here.
    ** If paying from your own resources, the bank may have to report the transfer of €X00,000 under money laundering legislation. If you are applying for a mortgage here, the bank may make you jump through hoops.
    Thank you.
    So what is the usual rules?
    Thanks again.


  • #5
    zulfikarMD
    Registered Users, Registered Users 2 Posts: 318 ✭✭zulfikarMD


    I dont think there are any specific restriction on buying a house/apt for Non-EU person here in Ireland. You can buy a property provided you manage get a mortgage or you have cash on hand.


  • #6
    en.r4cart
    Banned (with Prison Access) Posts: 141 ✭✭en.r4cart


    Thanks all above..

    And what is the average price of a apartment/house in Dublin city center?

    Thanks again.


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  • #7
    not even wrong
    Registered Users, Registered Users 2 Posts: 480 ✭✭not even wrong


    en.r4cart wrote: »
    Thanks all above..

    And what is the average price of a apartment/house in Dublin city center?
    .
    that is a closely guarded state secret.

    Seriously though Ireland (still) has no centralised house price register so there is no accurate answer to this question, however the nice people at daft.ie have produced the attached report. Two caveats:
    • it's asking prices, not selling prices
    • only properties advertised on daft.ie are included


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