Remitting tax free lump sum to Ireland...?

[irishabroad]

Hi,
I have been living in the Middle East for the past three years (therefore as far as I understand I am Irish domiciled, but not Irish resident or ordinarily resident..). I want to transfer a lump sum of cash back to Ireland and am wondering if I am subject to any taxes on this? I live in a tax free country so have not paid tax on my earnings here.
I will then put this money towards purchasing a property in Ireland. Will I be subject to any other taxes, apart from the usual investor stamp duty etc, because I am non-resident and non-tax paying in Ireland?
thanks in advance for your help

 

[Breninio]

Hi Irishabroad,

The income you have earned while abroad will not be subject to Irish income tax when remitted into the country.

Foreign Currency is an asset for Capital Gains Tax ("CGT") purposes so there may be some CGT issues to consider. However, it is unlikely that there would be any significant CGT liability.

[broken link removed]

 

[irishabroad]

Thanks a lot Breninio