Ordinary residency in Ireland can have important tax consequences, particularly for people planning to leave the country after several years of Irish tax residence.

In this episode, Stephanie Wickham explains how ordinary residency differs from tax residency, when it begins and ends, and why it can keep certain income and gains within the Irish tax net after departure. She also looks at Double Taxation Agreements, treaty residence, temporary non-residency rules and why advance tax planning matters before selling an asset or business.

For expats, returning Irish residents, founders and investors with cross-border assets, timing can make a real difference. If you are planning to leave Ireland and expect a significant transaction after departure, it is worth reviewing your tax residency, ordinary residency, domicile and treaty position before the move or disposal takes place.

About the Host

Stephanie Wickham is a Chartered Tax Adviser and Chartered Accountant and the founder of Expat Taxes. She specialises in Irish and international tax matters affecting expats, returning Irish emigrants and people with ongoing cross-border tax obligations.

Her own experience of living in Australia for eight years before returning to Ireland also gives her a very practical understanding of what an international move involves beyond the tax return.

LinkedIn: https://www.linkedin.com/in/stephanie-wickham-b4aba13b/

Website: https://expattaxes.ie/

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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 [email protected] 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/book-a-consult/.

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Chapters:

• (00:00) Introduction to Ordinary Residency in Ireland
• (01:41) What Is Ordinary Residency?
• (03:07) Irish Tax Residency vs Ordinary Residency
• (03:41) When Ordinary Residency Begins and Ends
• (04:53) Why Ordinary Residency Matters When Leaving Ireland
• (06:12) How Double Taxation Agreements Can Affect Your Position
• (08:20) Treaty Residency and Overseas Moves
• (08:49) Capital Gains and the Temporary Non-Residency Rule
• (10:21) Why Tax Planning Before Departure Matters
• (11:15) Moving to the UAE and Treaty Considerations
• (12:07) Getting Advice on Your Ordinary Residency Position