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Tax implications for an Irish expat depositing from abroad to Ireland

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  • 27-07-2011 11:20am
    #1
    colm.ims
    Registered Users Posts: 16 ✭


    I hope someone can help

    I am Irish but have been living in Vietnam for over a year. I still have my BOI account and regularly transfer money home each month,

    Recently I have started to make a lot more money and my question relates to deposit limits. Are there regulatory limits regarding how much I can send home each month?

    For example, recently I have been sending under 5,000 euro each month, but recent financial improvements in my situation here mean I will soon need to send upwards of 15-20k per month home to my account. I am uncomfortable keeping this amount here in Vietnamese banks and so, wish to send it home.

    Will deposits as big as this be flagged by the bank for any reason?

    Also, are there any tax implications I would need to consider? The tax I pay over here is minimal and I would like to keep it that way. Since I haven't worked in Ireland for 2 years I don't wish to pay tax there on my earnings from Vietnam.....

    Any help you can give would be most appreciated....
    Tagged:


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    #2
    Mr. Incognito
    Registered Users Posts: 9,798 ✭✭✭Mr. Incognito


    Read the charter.

    Call a professional. You can afford it.

    Thread closed.


This discussion has been closed.
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