Saving in the Uk to move to Ireland ADVICE PLEASE

bottleandahalf

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Hi everyone, me and my boyfriend are living int he UK at the minute. We are planning on moving to Ireland in two years time and buying a house. I am wondering if anyone can advise us on the best account so save with and what happens when we move to Ireland will we be taxed on the money? I currently have an Irish credit union account so would I be better sending money home to Ireland and paying it into the credit union gradually. We plan to save upwards of 20k. Thanks for your help
 
Interest rates are just as dismal in Ireland as there are in the UK, however the Irish government has some sort of incentive going for people saving for a house deposit where you get a refund on the tax you pay on your savings. have a look at this link . Also have a look through this thread for current Irish deposit interest rates Make the most out of the high exchange rates at the moment as no one knows how long that will last for. If you sending money back to Ireland consider using online currency brokers such as Currenyfair or Transfermate as the rates they offer are far better than what you will get from the banks.
 
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