Capital Gains for Irish domiciled, non ordinary resident

Hi

I'm Irish and non ordinary resident in Ireland as of this year, I am resident in Hong Kong where there is no capital gains tax.

I have a sum of money to invest from my salary savings earned in Hong Kong, currently in cash earning 0% interest in a Hong Kong bank account.

My understanding (correct me if I'm wrong) is that as a non-ordinary resident Irish person I don't have to pay CGT in Ireland for my international investments.

Am I correct in thinking that if I open an investment account in Hong Kong I won't have to pay CGT in Ireland?

I already have a rabodirect.ie account in Ireland with some investments. It's quite convenient to use - but if I transfer money to Ireland to invest in this account - will I incur CGT when I sell?

My existing amount in the rabodirect account - should I sell this now and pay the capital gains tax due, and reinvest the proceeds in a Hong Kong account to avoid further capital gains tax?

Thanks for the advice

You pay 41% on all savings and investment accounts in Ireland on interest earned. You should apply to be non resident if your foreign income would not be taxed. I suggest not to declare foreign investments unless Hong Kong revenue is reporting the accounts.