I'm an Irish expat in the UAE. I don't have a huge amount of savings, but the current difference in AED/USD to Euro (10 year low) means I'm looking to move savings back into euro asap.
I've been looking at Channel Islands etc (don't know why. isn't offshore supposed to make more sense?), but every account seems to have a fee and no interest rate for Euro accounts.
I have a deposit account of what's left of my savings back home in PTSB (2.05% AER), and I shouldn't have DIRT because I'm not tax resident in Ireland.
Is there any reason why I shouldn't transfer what I have back home? (aside from a potential further drop in Euro)
Appreciate if anyone has any advise
I've been looking at Channel Islands etc (don't know why. isn't offshore supposed to make more sense?), but every account seems to have a fee and no interest rate for Euro accounts.
I have a deposit account of what's left of my savings back home in PTSB (2.05% AER), and I shouldn't have DIRT because I'm not tax resident in Ireland.
Is there any reason why I shouldn't transfer what I have back home? (aside from a potential further drop in Euro)
Appreciate if anyone has any advise