Tax benefits if you have a non-domiciled status

Private client and family wealth

If you are considering moving to Ireland temporarily or spending an extensive amount of time in Ireland, you need to look at the impact this will have on your tax affairs.

As a tax resident in Ireland but where your "domicile" rests with another jurisdiction i.e. you are not an Irish national, there are certain non-domiciled status tax benefits available to you. With some advance tax planning your stay in Ireland could result in a tax free stay if you do not intend to earn Irish source income or dispose of Irish capital assets.

Below is a list of tax advantages and points to consider in advance of coming to Ireland:

As an individual with non-domiciled status you are only taxable on Irish sources of income
Income from foreign sources is only taxable to the extent that it is remitted (brought into) to Ireland
Remittances of capital funds are not subject to Irish income tax. This would include income earned when an individual was resident outside of Ireland
Where a non-domiciled status individual chooses to use their wealth accumulated outside of Ireland to cover their day to day living expenses, it is possible for such individuals to live in Ireland tax free
Individuals who are resident or ordinarily resident in Ireland but who have non-domiciled status are liable to Irish capital gains tax on gains arising on the disposal of assets situated in Ireland or the United Kingdom. All other foreign gains are only taxable to the extent they are remitted to Ireland.