Tax-efficient opportunities for Irish expatriates!
Non residents of the Republic
of Ireland can now avail of special tax privileges following the establishment
of the International Financial Services Centre (IFSC) in Dublin.
Expats who take out an
investment/retirement benefits policy with a life insurance company licensed by
the IFSC can currently benefit from:
ü
gross
roll-up on investments;
ü
no Irish tax
liability on immediate encashment on return to reside in the Republic of
Ireland, if you have remained outside the Republic of Ireland during the term
of policy;
ü
flexibility
to continue the policy and avail of potential advantages on returning to live
in the Republic of Ireland;
ü
no
obligation to wait until the age of 60 to encash;
ü
if
residing in the Republic of Ireland at the time of encashment, currently a
further tax advantage exists by encashing between the ages of 60 and 70.
If you would like to recieve information on such policies, simply call Dempseys Insurance at Navan, Co. Meath, Republic of Ireland on 00353 46 72873 or fill in your details in the space below, click on and we will arrange for these details to be sent to you by post.
It is
your responsibility to ensure that you are not in breach of any rules and
regulations that may be in place in your country of residence.