Not resident here for majority of year

slinky35

Hi, really hope someone here can advise. I should clarify that i am not looking for information that would lead to any illegal or unethical practice. I have been offered a job with a US company who has no office in Ireland. My work would involve traveling to other European countries during the week and then each weekend i would be at home here in Ireland. This might sound daft but I'm really clueless in this area, would i be required to pay tax here since i would be out of the country so often? Also, should i get my salary paid into an Irish account, or since im not resident here most of the year, should i have it paid into another country?

nompere

You really need to spend an hour or so talking to a tax professional. He will explain the steps necessary for you to make yourself non-resident in Ireland for some or all of the years. It's perfectly legitimate to do this.

The rules are rigid, and you either fall one side of the line or the other - there aren't any grey areas. Get it right and you pay very little tax; get it wrong ...

Mrs OBumble

Make sure you have very good health insurance - if you're not resident here, then you won't be eligible for any healthcare.

Also, if you lose your job you likely won't be eligible for Welfare (not habitually resident). And you won't be getting any PRSI credits (AKA stamps) either - this can have an impact when you get to pension age.

(I'm not saying "don't" - just that you need to be aware of the full effects.)

whomitconcerns

You will need an accountact for this setup.
Lots of legal and other issues can come up. From experience dont do it on your own

InReality

You should only end up paying tax in one country at the end of the day, as ireland has DTA with about 70 counteries at the mo. I'd ring the revenue first , they can help you for free.

slinky35

Thanks guys, appreciate the pointers :-)