Fee and Stamp Duty associated with home purchase

M

mrsgaffer

Guest
Hi,

I am a foriegn national purchasing a home cash for the first time in Ireland. I will be getting married to an irish man who also does not own any property in Ireland either but would not be considered as a first timer as he had property which he gave up in his divorce. We both own other property around the world. This home that is being bought will be bought in my name solely and the transaction will be completed before we are married.

(1) Will I be required to pay stamp duty on this purchase? (2) If I decide to add his name to the deed will there be any stamp duty or fees other than solicitor's fees involved? (3) would it be better to just leave the house in my name as Irish Family Law states that he will be legally entitled once we are married (not sure about this...friend told me!)?

Another question about property taxes and fees but not really related to stamp duty is:

Our properties are in areas that does not have a tax treaty with Ireland but we get rental income from them. The income stays in the home countries and we pay property tax and maintenance and repairs etc. Will we be required to pay taxes on those incomes here also when we move here?

Thanks for any responses that i get in advance.
 
Hi Mrsgaffer,
1. Neither you nor your intended husband is a first time buyer as you own other properties. Your husband could qualify as FTB having given up his previous house in a divorce, but if he owns other property abroad that will disqualify him.
2. If you are married and decide to add your spouse's name to the deeds then only legal fees will apply and not taxes, talk to your solicitor about this when you buy.
3. A spouse generally has rights to the family home, which cannot be sold or mortgaged without consent.
Sybil
 
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