B
bbc
Guest
Hi,
Sold home in Ireland. Moved to US. Bought home in US (transferred some Euro to cover US downpayment left the rest in Irish bank account).
US mortgage at 5.25% APR.
200k Lump sum in Euro. I Intend returning to Ireland in 5 years and didn't want to transfer all Euro to $USD as I am worried about $USD/Euro exchange
Options/Advice
1) Move all Euro's to US and have no US mortgage but risk Euro/USD issues when I try to come home in 5 years.
2) Keep as much Euro as possible to avoid exchange rate risk - If so, where can I invest Euro's that is safe (Key post in rates mentiones An Post, but it has 120k max and I think I need to be an Irish resident to buy them?)
Any thoughts really appreciated.
BBC
Sold home in Ireland. Moved to US. Bought home in US (transferred some Euro to cover US downpayment left the rest in Irish bank account).
US mortgage at 5.25% APR.
200k Lump sum in Euro. I Intend returning to Ireland in 5 years and didn't want to transfer all Euro to $USD as I am worried about $USD/Euro exchange
Options/Advice
1) Move all Euro's to US and have no US mortgage but risk Euro/USD issues when I try to come home in 5 years.
2) Keep as much Euro as possible to avoid exchange rate risk - If so, where can I invest Euro's that is safe (Key post in rates mentiones An Post, but it has 120k max and I think I need to be an Irish resident to buy them?)
Any thoughts really appreciated.
BBC