US citizen and Irish BOB

Herbie

Registered User
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My brother was born in, grew up and worked in Ireland for the first thirty years of his life. He's now a US citizen and resident there but has a small buy out bond (€60kish) here from one of his early employers. He's now reached retirement age and is trying to figure out what his options are, e.g. whether he should should move the money to the US or pay income from it into a deposit account here. Its very difficult to find out what is actually possible and what the associated tax obligations both here and in the US would be

Does anyone know what the usual approach to this scenario is?
 
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