Non resident bank account

[evman99]

Hi

I am looking to open up a non resident bank account for the purpose of receiving rents on an investment property.

I currently reside in Israel.

Can anyone recommend a bank to work with ?
Do I need to be present in Ireland to open up an account or can I do it remotely?

Tnx

Evan

 

[Lightning]

Hi Evan,

Would you be best opening an offshore EUR account on the Isle of Man? This can be done remotely.

 

[confide]

Hi Evan,

I don't think it's possible. I think only people resident in Ireland can open bank accounts in Ireland. You don't need to be a citizen, but you must be a resident - that's the law as far as I know.

However both Ireland and Israel have implimented the International Bank Account Number system, so making a payment to your bank in Israel should be almost as easy for your tenants as making one to an Irish bank.

en.wikipedia.org/wiki/International_Bank_Account_Number

 

[guntarsd]

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Thanks,