DonegalTown
New Member
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Hello
I have a question and wonder if anyone can shed a bit of light please.
My situation:
I bought a number of rollover ETFs 5 years ago (AVC on the pension are already at the maximum level).
These ETFs are the ones taxed @ 41% on the deemed disposal rule after 8 years.
Anyway at the end of 2025 I will be retiring and from 2026 plan to spend most of the calendar year (September-April) in
the south of Spain where I own an apartment and return to Ireland only for the 4 months of the "summer" May-August, .
This will make me tax resident in Spain, where the tax on the same ETFs is 19% on CGT when selling, no deemed disposal rule.
I wonder if I will still have to worry about any Irish tax on this, since as I understand for the first 3 years hence from 2026 to 2028
I will still be considered ordinary resident in Ireland and would have to pay the deemed disposal tax. Is this correct ?
Thanks!!!
I have a question and wonder if anyone can shed a bit of light please.
My situation:
I bought a number of rollover ETFs 5 years ago (AVC on the pension are already at the maximum level).
These ETFs are the ones taxed @ 41% on the deemed disposal rule after 8 years.
Anyway at the end of 2025 I will be retiring and from 2026 plan to spend most of the calendar year (September-April) in
the south of Spain where I own an apartment and return to Ireland only for the 4 months of the "summer" May-August, .
This will make me tax resident in Spain, where the tax on the same ETFs is 19% on CGT when selling, no deemed disposal rule.
I wonder if I will still have to worry about any Irish tax on this, since as I understand for the first 3 years hence from 2026 to 2028
I will still be considered ordinary resident in Ireland and would have to pay the deemed disposal tax. Is this correct ?
Thanks!!!