I guess I'd need life insurance and proof of regular savings in Ireland before any bank would look at me for a mortgage.
I was thinking more about the cost of living while training than the cost of the course itself, however if the HSE are paying you while you are training that does help matters alright.Thanks, so-crates. Training as a paramedic takes 2 years and is paid for by the HSE.
Wow - so savers in the US are being penalised too, that is unfortunate. I assume you have investigated the market there and have got yourself the best rate available? You also need to start now thinking about how you will move the money back to Ireland, ultimately you have a currency risk. The relative values of the dollar and euro will change over time (hopefully not radically) and your plan will be contingent on how many euros you have instead of how many dollars you have saved. You may want to consider moving the money to savings in Ireland piecemeal over time rather than as a single lumpsum. It may mitigate the risk of currency moveemnts. Hard to tell what would be the best approach but it would be wise to start thinking about it now.I'm saving my $2900 is USD and the interest in most bank accounts here is even worse than what I'm getting in Ireland. <1%.
You'll need an income first and then evidence of regular savings. I know you are confident of getting a job but banks have less confidenceThat's a good point about buying. I wouldn't be buying until I'm home again and in full time employment in Ireland. I guess I'd need life insurance and proof of regular savings in Ireland before any bank would look at me for a mortgage.
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