alwaysonit
Registered User
- Messages
- 137
Forums such as this are great, but with respect, with that much money on the line I would most definitely seek professional advice.
Can you provide a link to the legislation that states "you have to be resident somewhere"?
I have certainly not satisfied residency requirements anywhere in the past few years.
If you'd bought shares yesterday today is the day you'd be having the heart attack (Ukraine area - Malaysian plane shot down - shares plummet)
London's FTSE lost 41 points (0.6%) to trade at 6,697 by 11am this morning, while the Paris CAC fell 13 points (0.3%) to 4,303 and the Frankfurt DAX decreased by 78 points (0.8%) to stand at 9,676.
Dublin's ISEQ index lost 29 points (0.6%) to trade at 4,705 this morning.
Can you provide a link to the legislation that states "you have to be resident somewhere"?
I have certainly not satisfied residency requirements anywhere in the past few years.
I'm not a stupid person, but find someone saying it's the worst possible place to put your money to be an offensive comment. It's not the worst place, but putting it in shares could be, putting it into property could be, giving it to fund managers could be. Taking a guaranteed return isn't.
If you have not statisfied the residency requirements in any other country, then you remain Irish resident. The legislation and tax treaties are written in the opposite direction - you become resident somewhere by meeting certain criteria there and be definition you are no longer resident in the previous country where you were considered resident.
I am actually suggesting that. The correct financial decision is to buy €500k worth of shares.
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