Hi,
I considering buying my first property within the next 6-12 months. The only thing really putting me off is the fact that as a non resident, I'll have to pay stamp duty. I've been living and working as an expat for the last 18 months and intend to come back to Ireland within the next 2-3 years and live in the apartment for a considerable amount of time (however while I'm away I'd want to have it rented).
As it wont be my principle residence, I should have to pay full stamp on the purchase. I believe if you work for the department of foreign affairs you there is an exemption to this rule which isn't applicable to me however is there anything I can do to avoid paying it?
Regards
Eoghan
I considering buying my first property within the next 6-12 months. The only thing really putting me off is the fact that as a non resident, I'll have to pay stamp duty. I've been living and working as an expat for the last 18 months and intend to come back to Ireland within the next 2-3 years and live in the apartment for a considerable amount of time (however while I'm away I'd want to have it rented).
As it wont be my principle residence, I should have to pay full stamp on the purchase. I believe if you work for the department of foreign affairs you there is an exemption to this rule which isn't applicable to me however is there anything I can do to avoid paying it?
Regards
Eoghan