Investment account for children

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He-Man

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Hi

I am wondering if there is such a thing as a tax-advantaged investment account Irish parents can open to invest for milestones in their children's lives, namely university. I live abroad and can open a regular investment account here, but if there is a tax-advantaged option for Ireland-based people, that would be good to know.

My child is a newborn, so if I were to chuck 20,000 euro into a carefully selected ETF or two, it could grow nicely over the next 18 years or so.
 
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