Taxbytes for Expats

Hi everyone! The complications of Ireland/U.S. migration isn't lost on any professional that has a stake in making the move work. Knowing how to treat both countries from a financial perspective is difficult - especially for those of us making the move!In this episode, I sat down with Sean Kearney of Amvoy Wealth, a specialist in helping Irish citizens manage their US-based finances, understand tax obligations, and plan for future moves between Ireland and the US. Sean’s expertise is second to none, and his insight into the realities of balancing US and Irish financial systems is both essential and eye-opening.In Part 1 of our conversation, Sean shares the basics of navigating dual tax obligations, the common missteps that Irish expats encounter in US financial planning, and why keeping everything above board (no matter how tempting it might be to do otherwise) is crucial. If you’re an Irish citizen in the US, planning a move back home, or have financial assets in either country, don’t miss Sean’s advice on staying compliant, managing investments across borders, and the importance of early financial planning! And stay tuned for Part 2 in the next episode of Taxbytes For Expats!What you'll hear in this episode:The Importance of Cross-Border Financial Planning: Moving between the US and Ireland involves unique financial and tax implications, especially for Irish citizens holding US assets or green cards. Working with advisors who understand both systems can save you from costly mistakes down the road.Tax Consequences of Holding a Green Card: Many Irish expats seek a US green card but don’t realize the potential tax consequences when leaving the US. It’s critical to properly exit the US tax system and file necessary documentation to avoid future tax liabilities.Why Rebasing Investments Before Moving Matters: Selling or ‘rebasing’ assets while still under US tax jurisdiction can often reduce capital gains tax, as US rates are typically lower than Ireland’s. Proper timing here can make a significant difference in tax savings.Potential Risks of Unpaid Taxes and Undeclared Assets: Ignoring tax obligations on assets left in the US or in Ireland can come back to haunt expats, especially with increasing global tax transparency. Compliance is key to avoiding future penalties.The Value of a Cross-Border Advisory Team: Combining the expertise of Irish and US advisors who communicate directly can give expats clarity and security. This collaboration ensures compliance, optimizes tax strategies, and aligns with personal and financial goals across both countries.Contact Sean:Email: sean@amvoywealth.comWebsite: https://www.amvoywealth.com/LinkedIn: https://www.linkedin.com/in/sean-kearney-cfp%C2%AE-870763199/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a...

Immigration information is a huge sticking point with people moving to Ireland, and with almost 30 years of experience in Irish immigration, Tom Ryan knows the ins and outs of the Irish Immigration System better than anyone. Tom shares detailed information on how the Irish immigration process works, what criteria the Department of Justice is looking for, and crucial tips to make your application as smooth as possible. Tom also breaks down the financial requirements needed for retirees, explains "Stamp 0" and the other stamp types for migrants, and shares his advice on how to maximize the chances of your application being approved.If you're thinking about immigrating to Ireland for any reason, my interview with Tom Ryan is a great starting point to set your expectations and inform you about the immigration process.There's even a special offer of a free 30-minute consultation with Ireland Relocations! So if you're in the planning stages, send an email to grainne.convery@croningroup.ie and mention "Taxbytes For Expats" to take advantage of this offer.Main Topics discussed in this Episode:Know Your Visa Path: Irish and EU nationals don’t need to go through immigration procedures to retire in Ireland, but non-EU nationals do. It's important to plan ahead and understand the application process, which can take up to four months.Income and Financial Requirements: Retirees need to prove sufficient income—€50,000 annually per individual, or €100,000 for a couple—as well as access to a lump sum of €320,000 to meet immigration requirements.Stamp Zero Explained: If you're retiring in Ireland as a non-EU national, you'll need to secure a Stamp Zero, which does not allow for economic activity, meaning you'll need to be self-sufficient with no reliance on public resources.Family Migration: Irish nationals can bring non-EU spouses or elderly parents to Ireland under family reunification policies. However, income thresholds apply, and the process involves several layers of documentation and proof of resources.Application Timing is Key: Start your renewal process six months before your permit’s expiration to avoid falling out of status. Missing deadlines can delay applications and affect your immigration status, but the Department of Justice may offer some flexibility depending on circumstances.Website: https://ireland-relocations.com/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.

Hi everyone! This week we're lucky to be able to share an episode that I recorded with Paddy Delaney of InformedDecisions.ie in September with some background about the tax landscape in Ireland for Expats, and about ExpatTaxes.ie.Paddy Delaney (QFA RPA APA) is the founder and owner of Informed Decisions & hosts Ireland's Independent & Award-Winning Investment & Retirement Planning Podcast. Focused on seeking financial freedom and sound advice, you should listen to his podcast alongside Taxbytes For Expats to cut through the noise, nonsense and smoke 'n' mirrors of financial services in Ireland.Check out the Informed Decisions podcast:Apple Podcasts: https://podcasts.apple.com/ie/podcast/informed-decisions-independent-financial-planning-money/id1150625286Spotify: https://open.spotify.com/show/4lKmVLCNxnI8UZTtxQKR3gAmazon Music: https://music.amazon.com/es-us/podcasts/974b7de8-b989-45d5-aca5-a4cf9dc7add3/informed-decisions-independent-financial-planning-money-podcastWebsite: https://informeddecisions.ie/category/podcast/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.

Hey everyone, Stephanie Wickham here again, diving into the world of tax credits in Ireland. If you're an Irish taxpayer, this one's for you! Even if you're a PAYE employee and don't need to file a tax return, there may be some tax credits you're missing out on that could put a bit of extra cash back in your pocket.We'll chat about the different types of credits available, like the health insurance tax credit if your employer provides your cover, and the home carer tax credit for married couples with a stay-at-home parent. I'll also remind you to hang onto those medical expense and non-routine dental receipts to claim some tax back.Main Topics discussed in the episodeTax credits often missed or overlooked for Irish taxpayersHealth insurance tax credit: when an employer provides health insurance as a benefit, and the employee pays tax on that benefit.Home carer tax credit - available in situations where one spouse is a stay-at-home parent and the couple is jointly assessed.Joint assessment for married couples - the advantages and considerations when deciding to be jointly or separately assessed.Other common tax credits and deductions - medical expenses, non-routine dental expenses, and remote working expenses.Disclaimer: The information provided in this podcast is for general informational purposes only and should not be construed as legal or tax advice. Always consult with a qualified tax advisor or accountant regarding your specific situation. The hosts and guests of this podcast disclaim any liability for actions taken based on the information discussed.*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

In this episode of Tax Bytes for Expats, I had the pleasure of speaking with Mel Morgan from UKStatePensionAbroad.com. Mel and his wife, Martha, specialize in helping people maximize their UK state pension benefits as appointed agents of HM Revenue and Customs, even if they’ve left the UK years ago. We discuss how those with previous employment in the UK can top up their pension contributions and potentially boost their retirement income by thousands per year. Mel walks us through the simple but crucial process of determining eligibility, applying for back payments, and making sure everything is optimized to ensure the best outcome.This episode is a must-listen for anyone who’s worked in the UK and wants to understand how they can benefit from the UK’s state pension system, even if they’re living abroad. Whether you’ve spent just a few years in the UK or worked there long ago, there’s still time to act and secure this valuable pension opportunity.What is discussed in this episode:UK State Pension Eligibility: You need at least three consecutive years of employment in the UK to qualify for a UK state pension, regardless of how long ago you worked there.Class 2 vs. Class 3 Contributions: Most people can buy back years at the more affordable Class 2 rate, costing around £165 per year. Failing that, Class 3 contributions are still a great investment, albeit at a higher rate.Double Pension Benefits: You can receive both UK and Irish state pensions for the same years worked, as they are treated separately, similar to additional voluntary contributions (AVCs).Time Sensitivity of Applications: The window to top up your UK pension contributions closes on 5 April 2025 (with caveats) but Mel's team may stop accepting applications by November 2024 to manage demand, so submit your request quickly!Seek Expert Advice: Working with an expert like Mel can ensure your application is optimized for success, helping you avoid costly mistakes and navigate the complexities of dealing with UK Revenue and HMRC.Contact Mel Morgan:Email: info@ukstatepensionabroad.comWebsite: https://ukstatepensionabroad.com/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months...

Hey everyone, Stephanie Wickham here with another episode of TaxBytes for Expats. In this week's replay, we're diving into the important topic of tax domicile from an Irish perspective.Now, your tax domicile is a key factor in determining your exposure to Irish taxes, especially for those of you moving to Ireland from abroad. We'll run through the different types of domicile, how to determine yours, and what it means for your tax situation.I know it can seem a bit complicated, but don't worry - we'll break it down in plain English so it's easy to wrap your head around. Whether you've got an Irish domicile of origin or you're looking to understand what a domicile of choice means for you, this episode will point you in the right direction.Main Topics discussed in this episode:Definition and overview of tax domicile from an Irish perspectiveTypes of domicile: domicile of origin, domicile of choice, and domicile of dependenceAcquiring a domicile of choice and the burden of proof on the taxpayerThe importance of determining domicile for Irish tax exposure, particularly for foreign income and gainsThe remittance basis of tax for non-Irish domiciled individuals who are Irish tax residentsDisclaimer: The information provided in this podcast is for general informational purposes only and should not be construed as legal or tax advice. Always consult with a qualified tax advisor or accountant regarding your specific situation. The hosts and guests of this podcast disclaim any liability for actions taken based on the information discussed.*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

We've all been there - as expats, we have questions about what we need to know to pay taxes in a new country, and the last thing we want is to find conflicting information on the Internet!Well, worry no longer! In this episode I'm diving into the top five tax tips you need to know if you're planning a move to Ireland. Whether you're returning home or relocating for the first time, understanding the tax landscape can save you time, money, and stress.I'll cover everything from residency status to navigating Ireland's tax system. If you're thinking about your move or getting ready to manage your finances, this episode will be a great start for you!Topics covered in this episodeUnderstanding Tax Residency Status: learn the Irish tax residency test and why you need to know your home country's residence rules.Hiring Tax Return Preparers in Both Countries: The value of having tax advisors in both your current country and Ireland.Knowing Your Tax Domicile: The significance of tax domicile and the remittance basis in Ireland.Understanding the Irish Tax System: Key points about the Irish tax year and filing deadlines.Navigating Revenue’s Online System: Tips for using Revenue’s online services, including ROS and MyAccount.*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

I'm on my own this week to provide some guidance around retiring to Ireland as an expat and delve into the considerations for taxation, whether you're an Irish native returning home or someone who's chosen Ireland as their new home. While paying taxes is the last thing you want to think about before retirement, some of the decisions you make can have a significant impact on your lifestyle and the way you navigate the Irish tax system.We'll explore some example scenarios, like moving from the US to Ireland, to illustrate how your income, including pensions and rental income, will be taxed. Plus, I'll share practical tips on handling what I call "life admin" for taxes, such as registering for tax, understanding your entitlements, and the importance of planning for the future with an Irish will.As always, what I talk about in these episodes is for your information and not to be taken as direct tax advice for your situation - please seek a tax professional to give you advice, or get in touch with us at ExpatTaxes.ie to help you!Main Topics discussed in this Episode:Introduction to Retiring in Ireland: common queries from retirees moving to Ireland.Irish Tax Residency Rules: determining tax residency based on days spent in Ireland.Taxation of Worldwide Income: explanation of how Ireland taxes worldwide income for tax residents.Understanding Double Tax Agreements: navigating tax treaties, particularly between Ireland and the US & claiming tax credits for foreign taxes paid.Non-Tax Considerations for Retirees: social insurance contributions & Drug Payment Scheme.Estate Planning and Inheritance Tax: Importance of having an Irish will & tax implications for foreign assets and inheritances.Professional Support and Consultation: seek professional advice for personalized tax planning.*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

Hello everyone! This week we've got a special episode for you. On the first of February, I was a featured guest on That Great Business Show with Conall Ó Móráin - a podcast where Conall interviews Irish entrepreneurs and business owners to share their stories and business tips.Conall is a staple in business podcasts for Ireland, and he was kind enough to let us share the episode with you on Taxbytes For Expats.I share some Irish tax tips including information about various locations you can work tax efficiently from. I was also joined by my good friend and fellow business owner, Natalie Garland Cooke who helps businesses with Customer Relationship Management Systems (or CRMs) and offers training to get the most out of it.All the contact details for Conall and Natalie will be in the show notes, as well as the link to subscribe to That Great Business Show if you like what you hear! Enjoy!Conall Ó MóráinLinkedIn: https://www.linkedin.com/in/conallomorain/Podcast Website: https://www.thatgreatbusinessshow.com/Subscribe to That Great Business Show: Apple Podcasts || Spotify || RSSNatalie Garland-CookeLinkedIn: https://www.linkedin.com/in/natalie-garland-cooke-2880b928/Website: https://ncco.ie/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.

While we usually dive deep into the intricacies of taxes in Ireland, today's episode takes a slightly different turn. The emotional and psychological aspects of moving back to Ireland are often a second thought behind the logistics and planning of getting back. Prioritising and planning for the emotional is where James Parnell can help.James is a life coach who specializes in the neuroscience of performance and is an adventure enthusiast. James spent 16 years in Sydney before returning to Dublin and has since become a voice for many returning expats through his articles in The Irish Times and appearances on various Irish media. He's also the author of "A New Dawn in Ireland," where he shares his personal journey and the broader impacts of relocating back to Ireland.In this episode, we discuss not just the logistics but the emotional roller coaster that accompanies the decision to move back home. Whether you're contemplating a move or in the midst of one, James's insights into managing expectations and emotions are invaluable.Main Topics discussed in this episode:The emotional challenges and rewards of returning to Ireland after an extended period abroad.Practical advice for those considering a move back home, focusing on mental and emotional preparation.Insights into how changing environments can impact personal and family dynamics.Strategies to help make the transition smoother and more fulfilling.See James Parnell's WorkLinkedIn: https://www.linkedin.com/in/jameseparnell/?originalSubdomain=ieBuy the book: https://anewdawninireland.com/clients/thebook/sale/The Wellbeing Gym: https://thewellbeinggym.com/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

You might consider Cyprus a lovely place for a holiday, but there's much more that it offers residents in terms of tax benefits. If you've ever thought of relocating to Cyprus, my conversation with Charles Savva of Sava and Associates is a must-listen.In this episode, we hear about the attractive tax regime of Cyprus with Charles. We delve into Cyprus's non-domicile scheme which offers significant tax advantages for expats, including a 17-year tax holiday on certain types of income. Charles, a seasoned tax professional with a rich background in Canadian and Cypriot tax law, also shares his personal journey of making Cyprus his new home. Whether you're a high net-worth individual looking for tax benefits or dreaming of Mediterranean living, this episode gives guidance and important tips on navigating Cyprus's tax system and how to make the most of the lifestyle available there.Main Topics Discussed:Overview of Cyprus's Tax RegimeCharles Savva's background, moving from Canada to Cyprus as a Tax AdvisorThe tax benefits of relocating to CyprusThe main considerations before moving to Cyprus Get in touch with Charles:Savva & Associates Website: https://www.savvacyprus.com/Charles' Linkedin: https://www.linkedin.com/in/charles-savva-3b879042/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

I'm back again with Alan Purcell from Cloud Accounts as we dive deeper into the nuances of the Irish tax system. As expats, navigating a new tax landscape can be daunting but Alan breaks it down and offers incredible advice on becoming tax efficient in Ireland.Alan continues to unravel the complexities of PAYE, USC, and PRSI, explaining their impact on your finances while registering with Revenue.ie to claim back on overpaid taxes. Whether you're new to Ireland or looking to optimize your tax returns, this episode is packed with actionable insights. Alan's expertise will help you put some of those tax payments back in your pocket!Enjoy this week's episode, and don’t forget to check out our last episode for the first part of my discussion with Alan!Main Topics discussed in this Episode:A detailed breakdown of Income Tax, Universal Social Charge (USC), and Pay Related Social Insurance (PRSI) in Ireland.Practical advice on saving money through strategic tax planning, including maximizing pension contributions.How to utilize Ireland's online tax systems to manage and reclaim overpaid taxes effectively.An exploration of tax-efficient investment options available to individuals in Ireland.Contact Alan PurcellAlan's Website: https://www.cloudaccounts.ie/Instagram: https://www.instagram.com/cloudaccountsireland/Book a Consultation with Alan: https://calendly.com/cloudaccounts/cloudaccounts-consultationRecommended by AlanThe Remote Bookkeeper: https://www.instagram.com/remotebookkeeper/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

In this episode, we’re diving into the intricacies of PAYE taxation in Ireland with Alan Purcell, a Chartered Accountant and tax expert from Cloud Accounts. Alan is our first guest who's an Irish Chartered Accountant, and has made it his mission to simplify personal taxation for everyone.In Part One of our chat, Alan breaks down the complexities of the PAYE system, highlights key differences between Irish and international tax systems, and shares tips on maximizing your tax returns. Whether you’re relocating to Ireland or just looking to understand the Irish tax system better, this episode is packed with information that could put money back in your pocket. Enjoy this week's episode, and don’t forget to check back in two weeks for the second installment of my enlightening discussion with Alan!Main Topics discussed in this Episode:Alan discusses the basics of the PAYE system and its significance for expats and residents alike.Insights into how Ireland’s PAYE system compares with other countries, potentially affecting expats transitioning from different tax jurisdictions.Practical advice on how to ensure you’re not leaving money on the table with the Irish Revenue.Alan emphasizes the importance of being registered and active on Revenue.ie to manage and potentially benefit from tax returns.Detailed discussion on various tax credits and reliefs available in Ireland that expats and residents may not be fully utilizing.Alan shares common mistakes people make regarding tax filings and how to avoid them.Strategic advice on planning for future tax years and making informed financial decisions based on one’s tax situation.Contact Alan PurcellAlan's Website: https://www.cloudaccounts.ie/Instagram: https://www.instagram.com/cloudaccountsireland/Book a Consultation with Alan: https://calendly.com/cloudaccounts/cloudaccounts-consultationRecommended by AlanThe Remote Bookkeeper: https://www.instagram.com/remotebookkeeper/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when...

In this episode I chat with Damien Mason from Mason Transport, a leader in international relocation services to and from Ireland. With over 28 years in the business, Damien shares with us the ins and outs of moving to and from Ireland after helping people move over the last three decades. Navigating the task of moving cars, furniture, personal items and more is difficult without guidance and support on the restrictions, paperwork and coordination (especially when it could be months before you see your stuff again). Damien shares his advice on navigating customs, avoiding common pitfalls, and making your big move as smooth as possible. The insights Damien shares in this episode could be the tips you need to make your move from or to Ireland that much easier. We hope you enjoy the episode and can ease the strain on your move!Main Topics discussed in this Episode:Introduction to the services provided by Mason Transport and Damien's journey in founding the company.Discussion on the comprehensive services offered, including customs clearance.Detailed advice on importing cars, including necessary documentation and understanding Ireland’s Vehicle Registration Tax (VRT).Tips on how to pack your container for shipment, how to secure items and manage space effectively.Guidance on dealing with customs, required paperwork, and ensuring a smooth process when relocating.Advice on saving money during international relocations, including self-packing and sharing container space.If you'd like to get in touch with Damien and Mason Transport to move your stuff to or from Ireland: Head to the website: https://masontransport.com/ Email them directly: info@masontransport.com. Contact them on Facebook: https://www.facebook.com/masontransport.*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.

Working overseas as a U.S. citizen means the tax conversation can be tricky! How much do you pay as taxes to each country? Do you need a tax agent in the U.S.? And what entitlements do you have as someone working abroad?With over a decade of expertise in US expat taxes, Olivier Wagner shares with me what U.S. citizens living abroad need to know, especially if they are digital nomads. From leveraging the Foreign Earned Income Exclusion to the complications of Social Security contributions, Olivier shares with me the insights you need to live in Ireland and pay taxes in the U.S.Whether you're considering renouncing your US citizenship or curious about the tax implications of your global lifestyle, this episode is packed with essential advice to help you stay compliant and make informed decisions.Main Topics Discussed:Introduction to Olivier Wagner and his expertise in US expat taxation.Overview of tax obligations for US expats and digital nomads.Utilizing the Foreign Earned Income Exclusion for digital nomads.The implications of Social Security contributions for US expats.Strategic considerations for US citizens contemplating renouncing their citizenship.Financial planning tips for US expats living in higher tax jurisdictions.The importance of seeking professional tax advice before moving abroad.If this conversation resonates with you and you'd like to seek out Olivier's services, head to https://1040abroad.com/ to organise a free consultation. Alternatively, you can purchase Olivier's book on Amazon.LinkedIn: https://www.linkedin.com/in/owagnerea/*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

The Irish property market is often considered difficult to understand, and houses even harder to come by. In this episode, I get to speak with Miriam Finn, a seasoned property consultant who's dedicated to helping folks like you find their dream homes in Ireland. With over three decades of experience in finance and property, Miriam is an expert at finding and securing houses for expats both in Ireland and overseas.In our chat, Miriam breaks down the essentials of the property buying process in Ireland, shares tips on overcoming common hurdles and offers a glimpse into what buying a property in Dublin is like. So whether you're contemplating a move back to Ireland or considering an investment here, Miriam's advice and services will be a huge benefit to you!Main topics discussed in this episode:Miriam Finn's Background in retail banking, mortgage brokerage, and property salesHow Miriam and her team alleviate the stress of property hunting, especially for expats unfamiliar with the local market.Valuable insights into the current state of the Dublin property market and the challenges in the Irish market.Miriam outlines the typical timelines in purchasing a property in Ireland, emphasizing the importance of being well-informed and prepared.Miriam offers practical tips for expats, including the importance of understanding local market nuances, the benefits of establishing connections with real estate professionals, and the value of on-the-ground support.For listeners intrigued by the prospect of buying property in Ireland and seeking professional guidance, Miriam shares how to get in touch with her team for a personalized consultation.More information and to book free consultation with Miriam Finn, head to www.miriamfinnproperty.ie or connect with her on LinkedIn: https://www.linkedin.com/company/miriam-finn-property-consultant/.*****If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

As an expat, you've likely had to sort out your tax residency and assets in multiple countries and if you've got interests in three or more residencies, it becomes really complicated!This week I had a chat with Tim Huelin, the brains behind the brilliant new app: Daysium (https://daysium.com/). Before trying his hand at tech entrepreneurship Tim was a pilot, so he knows a thing or two about bouncing between countries. That's why he created Daysium – to help folks like us keep track of our travels for tax reasons without all the headache.In this episode, I found out how Tim went from flying people around the world to crafting an app that's all about making tax residency tracking a breeze. You'll get the lowdown on what Daysium is, who it's for, and why it could be a game-changer if you're tired of keeping track of your international moves the old-fashioned way. And you'll be prepared when your tax accountant mentions for you "to keep records"!So, whether you're moving countries often or planning a big move and want to keep your tax accountant happy, listen on to discover how Daysium could take the stress out of your tax residency woes. Plus, find out how you can get on board with this nifty tool and even become a partner.Main Topics discussed in this episode:Introduction to Tim Huelin and his transition from an airline pilot to a tech entrepreneur.What is Daysium, its purpose, and the technology behind it.Addressing the challenges of tracking tax residency for frequent travelers.How Daysium simplifies the process of documenting and proving tax residency status.Potential use cases for Daysium.The global scope of Daysium and its future potential in the tax and technology landscape.How listeners can learn more about Daysium, sign up for the waitlist, or explore partnership opportunities.If you'd like to find out more about Daysium and how it can help you effectively track your tax residency, visit https://daysium.com/ or register your interest now for access to Daysium as an exclusive bonus for Taxbytes For Expats listeners!*****​If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

You may have considered relocating to Dubai, a hub for entrepreneurs seeking financial freedom and a zero-tax lifestyle. In this episode, I had a chat with Shiraz Waheed, an experienced financial consultant from Deloitte turned independent startup consultant, who shared his insights on the tax aspects of making the move from Ireland to Dubai.Shiraz shares with me his Dubai Zero-Tax blueprint process which has helped hundreds of entrepreneurs improve their tax repayments while enjoying a location-independent lifestyle. Whether you're contemplating moving your family to Dubai or establishing a tax-efficient corporate structure, Shiraz's expertise offers a roadmap to help your money support your lifestyle, and not the other way around.Main Topics from this episode:Discover why Dubai is a magnet for entrepreneurs and businesses looking to save money on tax.Learn the intricacies of transferring your life and business to Dubai, ensuring compliance and maximizing benefits.Shiraz paints a vivid picture of what daily life entails in this vibrant city, from its multicultural environment to its safe and dynamic lifestyle.Get a step-by-step guide on establishing a company, obtaining residency, and networking with other expats and business owners.Understand how Dubai's strategic location and business-friendly climate foster unparalleled networking and growth prospects.For anyone considering a new chapter in Dubai or seeking ways to enhance their financial freedom, this episode is packed with actionable insights and expert advice. If you're interested in talking to Shiraz about moving your business to Dubai, visit setuphero.com or email Shiraz at Shiraz@SetupHero.io.*****​If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

I'm thrilled to have Marc Westlake, a seasoned Chartered Financial Planner and the Managing Director at Everlake, join us once again for a vital discussion that picks up right where we left off.In Part Two of our conversation, Marc shares valuable insights into maximizing your pension benefits, the art of diversification, and how to be financially savvy globally and in Ireland. Whether you're contemplating the move, have recently relocated, or are looking to optimize your existing arrangements, Marc's expertise will help you secure your financial future.From understanding the bedrock of pensions in Ireland to strategic moves that could save you and your family plenty of money, Marc breaks down complex financial planning into actionable advice. Moreover, we explore the potential of pensions not just as a retirement fund but as a tool for achieving financial independence and flexibility much earlier in life.Remember, financial wisdom isn't just about accumulating wealth; it's about making informed choices that align with your life goals and values. Main Topics discussed in this Episode:An overview of how retirement provision works, including basic subsistence protection through social security and the benefits of the Irish and UK state pensions.Strategies for enhancing pension benefits, including voluntary contributions to top up UK state pensions and eligibility for claiming both Irish and UK state pensions.Discussion on accessing pensions at an early age for financial benefits, such as paying off mortgages, and the concept of pensions not just being for old age.The process and considerations for transferring pensions, especially from the UK to Ireland, and the importance of planning before making international moves.The pitfalls of not diversifying investments and common financial mistakes expatriates make when moving to Ireland.Advocating for professional financial advice to navigate complex financial landscapes and make informed decisions that align with personal values and lifestyle goals.T​his episode is Part 2 of my conversation with Marc - if you haven't listened yet, check out Part 1 from two weeks ago. I​f you're interested in engaging Marc in his services, get in touch via the Everlake website (https://everlake.ie/​).​If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer

Marc Westlake, a Chartered Financial Planner and Managing Director at Everlake, brings a wealth of knowledge in wealth management and tax-based services for families and foreign nationals in Ireland in this episode of Taxbytes For Expats. Join us for Part 1 of this enlightening conversation as we unpack the layers of financial planning and tax considerations for expats living in Ireland. Marc's unique blend of professional expertise and personal experience makes for an informative and engaging discussion that you won't want to miss!Main Topics discussed in this EpisodeMarc introduces Everlake, explaining its focus on wealth management and tax-based services for expatriates in Ireland, particularly from the US, the UK, and South Africa. He shares his personal journey of moving from the UK to Ireland and how this experience shapes his expertise.We delve into the complexities of the Irish tax system, especially for foreign investments, and discuss the importance of informed decision-making in tax planning. Marc talks about the bigger picture of financial planning, encouraging people to enjoy their money and focusing on lifestyle goals rather than just financial objectives.A detailed discussion on Section 72 policies in Ireland, their costs, and effectiveness. Marc offers insights into alternative estate planning strategies that might be more beneficial than traditional insurance policies.Marc stresses the importance of aligning financial solutions to client-specific problems rather than a one-size-fits-all approach, underscoring the potential conflicts of interest in commission-based financial products.T​his episode is Part 1 of my conversation with Marc, with Part 2 to come in two weeks. I​f you're interested in engaging Marc in his services, get in touch via the Everlake website (https://everlake.ie/​).​If you loved this episode or have a similar story, we'd love to hear from you! You can get in touch with us directly at info@expattaxes.ie or leave a rating and review on Apple Podcasts or Spotify.Taxbytes for Expats is brought to you by ExpatTaxes.ie. If you're considering moving to or from Ireland and would like support with your taxes, book a consultation today: https://expattaxes.ie/services-and-pricing/.Mentioned in this episode:Special Offer from our Trusted Partner, Currencies DirectThis episode is brought to you by Currencies Direct, our trusted currency exchange partner when transferring currency to or from Ireland. Use the link below and quote "Expat Taxes" when registering with Currencies Direct to receive a €50 One4All or Amazon voucher when you transfer €5000 or more in your first six months with Currencies Direct. Click here for Currencies Direct Special Offer