About KevinfromKinsaleviaNYC

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Some Forum Posts:

Spain: Retiring to Spain:

I have been looking a little also in Portugal. If you are considering the golden visa program, my only advice I can give you at this stage is to keep an eye on the program as it may or may not last long in its current form. Pressure from EU I am told to get rid of it or to make it more expensive.

Ireland: Irish Central Survey:

Many/most of you has probably seen this article but for those who have not, it's another survey by IrishCentral that reinforces the strong connection between Ireland and Irish Americans. More survey results coming in the near future. http://www.irishcentral.com/roots/exclusive-survey-what-irish-americans-most-like-and-dislike-about-ireland

Ireland: EU votes to end US visa-free travel:

As I understand it, this is not a final determination. The vote by the EU Parliament was strictly a non-binding resolution that may be taken up again in a few months or perhaps never. So although a serious concern for Americans traveling in the EU, it is far from certain this will ever happen. Stay tuned!

Ireland: Cost of Living for Retirees:

http://www.irishcentral.com/opinion/others/forget-the-blarney-what-it-actually-costs-to-live-to-ireland Fascinating reprinted article from Irish Central reporting on the cost of living in Ireland. Equally fascinating discussion among readers. We could argue all day about the low/high cost of living in Ireland compared to other countries. But for Stamp 0 applicants, it seems clear that the cost of living in Ireland for a retiree or retired couple is far far less than the €50,000 per person or €100,000 per couple required by INIS. Two detailed examples are given, both from a family of 4 - two working parents with two dependent children. Deducting the costs of a mortgage (retirees do not qualify for a mortgage in Ireland) and child care costs (retirees have no dependent children), the two examples show annual living expenses of €18,690 and €11,516, respectively for a family of four people. We can also argue all day long if these living expenses are representative and I know they exclude the extra costs of private healthcare insurance and rental of a home (but include the costs of kids clothing, an extra car and commuting to work) but come on, €50,000 per person and €100,000 per couple is crazy anyway you look at it. Can anyone disagree? If you do, can you show some alternative calculations?

Ireland: Retiring in Ireland for one year:

Part of INIS' Stamp 0 problem is that the rules are more like guidelines which discourages people from applying due to confusion about the requirements. I am thinking they may want it this way as it limits the number of applicants and gives them more power to decide who comes in? Things still have not changed much since 2015. Under the currently published rules, applicants for Stamp 0 still need to: -move to Ireland -establish a permanent home -buy a comprehensive private health care insurance policy -hire an accountant to compile documentation And only then apply for the Stamp 0 for which there is no form and written guidelines outlining: -what types of income will count -what types of insurance will count -how much cash on hand is required and what form should it take -what exchange rate is used to convert e.g. USD to Euros -how does cash or other assets get converted to income -what types of investments or businesses can Stamp 0 holders engage in while resident in ireland I am sure I missed a few things but that's a lot of unknowns and vagaries.

Ireland: Mobile Home Laws?:

Yes, Marv. Excellent questions. Please share whatever you find out about such laws. I can tell you from my research that land use regulations in Ireland are tricky with many restrictions or outright prohibitions on building houses in certain locations. But if a mobile home was not considered a permanent structure some interesting possibilities could arise. Thanks for the tip!

Ireland: Buying a house:

Joshuak, please stop being mean-spirited. We are all entitled to our opinions but your version of the "facts" do not necessarily align with the experiences of others. Allow me to give you my experience with the PPS process. When I purchased my home in ireland I was advised by EVERYONE I spoke with that I needed to register and receive a PPS number before I made the purchase. I was told that the reason was that the government needed to apply my stamp duty payment to a legal person in Ireland. Next, regarding bank accounts, I applied for accounts with both Bank of Ireland and Allied Irish Bank. BOTH of their application forms asked for my PPS number. By the way, I applied for and received my PPS number ENTIRELY while I was in the U.S. Same with the bank accounts. So say what you might about how the two largest banks in ireland AS WELL AS my solicitor and estate agent AS WELL AS the Irish Dept Of Social Protection ALL broke the law and ALL gave me the wrong advice. You might stand a better chance of getting along with people on this forum if you stopped assuming that we are all idiots.

Ireland: Current Status of Stamp 0 Review:

Does anyone know the current state of affairs at INIS? Are Stamp 0 applications being strictly handled under the March 2015 rules or is there flexibility or deference to the proposed rules? Also, does anyone know the types of income INIS will approve or reject? If I rent out my US home when/if I move to Ireland, will INIS give me credit for this income? Lastly, does anyone know why this public review is taking so long and if there will be further steps before any new rules are approved?

Ireland: Somebody cheer me up!:

Far be it for me to give legal advice in any jurisdiction but I have heard and read that owning income-producing real estate is permitted for foreigners (non-EEA persons) having no residency permission in Ireland. It seems that real estate is treated differently than other industries in this respect. Lots of tricks I am sure to structuring these types of investments so let the buyer beware! As far as getting INIS to give you credit for the income, your guess is as good as mine as, sadly, there appears to be no specific guidelines for what types of income are considered "good" or "bad", as I have mentioned in previous posts.

Portugal: Private Health Ins over age 70:

I don't know if this is helpful but someone forum another forum sent it to me in order to compare policies: https://www.pacificprime.com/compare-quotes/step-one/

Date Joined:

4/4/2016

Total Posts:

155

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0.42