The husband and I are planning to move to Australia next January for between 2 and 5 years. We'd plan to return home and buy a house in Dublin after that. Currently we have €40,000 in savings which is earmarked for a house deposit when the time comes. What's our best option for investing this while we're away? I know the State Savings plans offer a high interest rate, but if we're non-resident for some or all of the term is that a problem? Ditto with Prize Bonds or the banks' deposit accounts?
Thanks for any advice!
Thanks for any advice!