Returning from working abroad

[Ihana]

I have been working abroad for an international NGO for the last few years. I am now returning to Ireland. My previous employer paid into a pension fund based in Guernsey during my employment and I now have about 30k in it. It does not make sense to leave the money there as returns are poor and charges high.

I have two questions

I can withdraw this money but will I incur a tax liablility in Ireland if I get it paid into my Irish bank account?

Where can I invest a lump sum like this? Would it be better to invest in my own equities or to put it into a pension product?

 

[Ihana]

Can anyone at least direct me where to get advice about this?

 

[Marc]

Have you returned to Ireland yet or are you still non-resident.

When do you plan to become Irish resident?

 

[Ihana]

Have you returned to Ireland yet or are you still non-resident.

When do you plan to become Irish resident?

April 1st. I was resident of another European union country for last few years.

 

[Merowig]

It does not make sense to leave the money there as returns are poor and charges high.

Sounds like an Irish Pension fund

I can withdraw this money but will I incur a tax liablility in Ireland if I get it paid into my Irish bank account?

If you transfer it directly to an Irish Pension fund / PRSA you won't be taxed. Stay away from any Irish fund with a contribution charge though.
If I would be in your position I would consider to keep the fund in Guernsey or switch to another fund in the same location.

Where can I invest a lump sum like this? Would it be better to invest in my own equities or to put it into a pension product?

Depends what you want - Davy/Degiro for Investments - or a PRSA are some of your options.