O
onthewayover
Guest
Hi
My wife and I will soon be moving over to Ireland. We're in the final stages of our house sale in London and before we move would like to put some of the sale proceeds into ISAs (tax free investment vehicle over here where you pay no tax on income or capital growth) as part of our pension planning. We already have some ISAs in place.
My question is, what would be the tax status / implications of these when we eventually cash them in and transfer the funds over to Ireland in 30 or so years' time? I think Iread somewhere that as long as taxes were paid in the country where the investments were held, there would be no tax to pay in Ireland until you started saving / investing the proceeds in the Republic?????
Any info or suggested further reading really greatfully received.
Great site by the way....
My wife and I will soon be moving over to Ireland. We're in the final stages of our house sale in London and before we move would like to put some of the sale proceeds into ISAs (tax free investment vehicle over here where you pay no tax on income or capital growth) as part of our pension planning. We already have some ISAs in place.
My question is, what would be the tax status / implications of these when we eventually cash them in and transfer the funds over to Ireland in 30 or so years' time? I think Iread somewhere that as long as taxes were paid in the country where the investments were held, there would be no tax to pay in Ireland until you started saving / investing the proceeds in the Republic?????
Any info or suggested further reading really greatfully received.
Great site by the way....