That’s not actually true.
You pay tax on income or gains remitted to the State but in many cases that is the only Irish income and so the tax will often be relatively low.
Or, as I do, I remit taxable income to pay for education and maintenance of my children. That’s also not a taxable remittance.
Or you could leave your income offshore and just remit capital gains which would be taxed at 33% rather than 52%
Or, you could bring in your own capital that was earned or taxed elsewhere - known as “clean capital” Revenue, bless ‘em, can’t tax you spending your own money.
It’s extremely complex
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