Hello,
I'm new in the forum and really found a lot of useful information in the last day or two that I have been browsing.....
As a non Irish domiciled individual (Netherlands), I have a U.S. offshore broker account which I opened before moving to Ireland (I moved ~ 10 years ago) and invest in various U.S shares and ETFs. I’m always careful to only invest in U.S. shares and U.S. domiciled ETFs and steer clear of any other financial products or ETFs domiciled in Ireland / EU/EEA etc. so that I can avail of the remittance basis of taxation) and avoid all the taxation overheads that Irish domiciled individuals have to face. I’m looking now to rebalance the portfolio and came across one or two UK domiciled ETFs which I believe would tick the box for my financial goals and would like to invest a percentage of the sum with them. I wonder though, how are the UK domiciled ETFs treated in Ireland now that the UK is out of the EU ? The bottom line is that I would like to know if I can now add any UK domiciled ETFs and still avail of the remittance basis of taxation, or if they are still treated in the same way as any of the EU/EEA based ETFs, in which case I will avoid buying them as they don’t qualify for the remittance basis. I wonder if anyone knows ?
Thanks
Klaus
I'm new in the forum and really found a lot of useful information in the last day or two that I have been browsing.....
As a non Irish domiciled individual (Netherlands), I have a U.S. offshore broker account which I opened before moving to Ireland (I moved ~ 10 years ago) and invest in various U.S shares and ETFs. I’m always careful to only invest in U.S. shares and U.S. domiciled ETFs and steer clear of any other financial products or ETFs domiciled in Ireland / EU/EEA etc. so that I can avail of the remittance basis of taxation) and avoid all the taxation overheads that Irish domiciled individuals have to face. I’m looking now to rebalance the portfolio and came across one or two UK domiciled ETFs which I believe would tick the box for my financial goals and would like to invest a percentage of the sum with them. I wonder though, how are the UK domiciled ETFs treated in Ireland now that the UK is out of the EU ? The bottom line is that I would like to know if I can now add any UK domiciled ETFs and still avail of the remittance basis of taxation, or if they are still treated in the same way as any of the EU/EEA based ETFs, in which case I will avoid buying them as they don’t qualify for the remittance basis. I wonder if anyone knows ?
Thanks
Klaus