Investing in a fund outside of Ireland

Dave Vanian

Registered User
Messages
1,308
Following the recent 0.6% levy on Irish pension funds, I'm looking at possible alternatives for both pension and non-pension money. I live and work in Ireland, pay tax here etc. If I open a bank account or investment fund as a non-resident in another country, are there tax implications for me here?
 
If you are resident in Ireland, you are liable to tax here - it does not matter where you buy a stock or fund.

Rory Gillen
 
Thanks Rory. I've no problem paying the same taxes as anyone investing in Irish retail funds. I'm just wondering if there's any additional taxes payable because I'm investing in a fund outside of Ireland.

Basically I'm looking at options to keep my money as far from the hands of the Irish Government as I can, in case they decide their next levy should be on funds, or deposit accounts.