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Can Irish residents use Canadian Brokerage account to trade?

  • 31-03-2019 3:26am
    #1
    Registered Users Posts: 456 ✭✭ jayjay2010


    Hey, so I have lived in Canada for a while and plan to return to Ireland very soon. After doing quite a bit of research, I've come to the conclusion that Canadians seem to be ahead of the game compared to Ireland when it comes to investing and making their money grow in general.

    My question is, other than potential taxation complications, would I be allowed to regularly send Euro from Ireland to a Canadian brokerage account and then make trades using that platform? I wouldn't be considered a Canadian Resident but as far as I know this isn't an issue on the Canadian side, but I don't know if this will be an issue on the Irish side.

    Hope this post makes sense! Basically, I want to invest in stocks, mutual funds, etc using a Canadian brokerage account. I will then have to pay my taxes etc etc

    Thanks in advance! :-)


Comments

  • Registered Users Posts: 226 ✭✭ Shai


    that depends on what you think to gain by this.

    Let's start at the beginning. Canadian brokerages can accept international customers. It depends on whether they want to though.

    However, if you move to Ireland, you will fall under Ireland's tax regime.

    So the question then becomes what exactly are you hoping to achieve by going through a Canadian brokerage?


  • Closed Accounts Posts: 11,812 ✭✭✭✭ evolving_doors


    jayjay2010 wrote: »
    ... Canadians seem to be ahead of the game compared to Ireland when it comes to investing and making their money grow in general....


    Hey:mad:

    Oh wait!


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