Recommended Reading for American Citizens Moving to or Living in Ireland
Moving to Ireland - Important Considerations
This article helps US citizens planning to relocate to the Republic of Ireland by covering essential aspects across multiple areas. It begins with important immigration and visa details, emphasizing the need for appropriate long-term permission beyond the initial 90-day visa-free period and describing various permit options tailored to work, study, or family reunification purposes. The article then explores financial topics, including cost of living, procedures for opening Irish bank accounts, and the intricacies of US and Irish tax responsibilities, stressing the importance of avoiding double taxation. Read more…
Financial Planning When Moving to Ireland
This guide offers an overview for US individuals considering work or investment opportunities in Ireland. It explains the complexities of the Irish tax system and how they affect Americans, including taxes on dividends, interest, capital gains, and inheritances or gifts. The document also highlights US tax responsibilities for those earning Irish income or holding Irish investments, such as the Foreign Earned Income Exclusion and Foreign Tax Credit. Additionally, it discusses the US-Ireland tax treaty aimed at avoiding double taxation and outlines reporting requirements for US persons with foreign financial assets. Read more…
