I see how someone has said that you'll get a better deposit rate in Cyprus, well, I beg to differ. In fact, you'll not get as much there. Best place overseas at the moment that I know of is Turkey, depending on the amount you'll get very good rates for 1 yr minimum. The amount i've mentioned would give you aprox 10% today, but you would have to change your Euro's into Turkish Lira, that can go up and down like a yo yo, that's why i'm not doing it, but plenty of Irish are. You takes your chances as they say. Cheers.