Expat Community > Ireland

dave8408e
Joined 2014
Posts: 192

INIS SPEAKS AGAIN!

7 years ago

Hey, guess what? After four attempts, beginning in MARCH, I've received an answer to a question I posed to our friends at INIS... and also got an update on when we can expect new rules for Stamp 0 retirees!

I'd wondered if, under the current regs, a Stamp 0 "person of independent means' (ha!) could rent out Irish owned property, and if so, have that income counted toward the income requirement. The answer is YES. Now, INIS cautions that should you do so, you're subject to Irish taxes on that income.... which is something you should discuss with your own accountant.
Now, the news on the revised Stamp 0 rules... when INIS spoke last, they said the rules would be announced "in the coming months' on their website... the word is now that they're shooting for 'late autumn'. Since winter officially starts Dec. 1, that leads me to believe they'll drop the regs shortly before then, if we're taking them at their word. (Remember when they said we'd see those regs in spring of this year? Judge accordingly.) All of this is FWIW, remember that Irish Immigration always reserves the right to act on a case-by-case basis...

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