Can Foreigners Buy Property In Ireland?

Can Foreigners Buy Property In Ireland?

Ever wondered if you, as a foreigner, can buy property in Ireland? Well, you’re not alone. Many people from around the globe are drawn to the Emerald Isle’s charm, from its lush landscapes to its rich history and culture.

But can you actually own a piece of this paradise?

The answer is a resounding yes! 🎉

Understanding the Basics

First things first, there are no restrictions on foreigners buying property in Ireland. Whether you’re an American looking for a vacation home, a retiree seeking a peaceful haven, or an investor eyeing the potential returns, the Irish property market is open to you. However, while the process is straightforward, it’s not without its complexities. Let’s dive in and explore the ins and outs of buying property in Ireland as a foreigner.

Getting a Mortgage

Securing a mortgage can be a bit tricky for foreigners. Irish banks do offer mortgages to non-residents, but the terms can be less favorable than for residents. Typically, you’ll need a larger deposit (often around 30-40% of the property’s value) and the interest rates may be higher. It’s also worth noting that the bank will likely require you to have Irish home insurance and life insurance.

When it comes to the legal side of things, you’ll need to hire a solicitor to handle the property transfer. They’ll ensure all the necessary paperwork is in order, from the initial contract to the final deed of conveyance. It’s also their job to check for any potential issues, like outstanding liens or planning restrictions. So, while it’s an additional cost, it’s definitely a worthwhile investment.

Property Taxes

Don’t forget about taxes! As a property owner in Ireland, you’ll be liable for Local Property Tax (LPT). The amount varies depending on the value of the property, but it’s typically quite reasonable. However, if you’re planning to rent out the property, you’ll also need to pay income tax on the rental income. This can be a bit more complicated, especially if you’re not a resident, so it’s worth getting advice from a tax professional.

Benefits of Buying Property in Ireland

So, why buy property in Ireland? Well, aside from the obvious appeal of owning a home in a beautiful, friendly country, there are some practical benefits too. Property prices in Ireland have been steadily increasing over the past decade, making it a potentially profitable investment. Plus, if you’re planning to retire in Ireland, owning a home can make the immigration process easier.

Challenges to Consider

Of course, buying property in a foreign country is not without its challenges. There’s the distance factor, which can make viewing properties and dealing with paperwork more difficult. There’s also the potential for cultural misunderstandings or legal complexities. But with careful planning and the right advice, these hurdles can be overcome.


  • Can non-residents get a mortgage in Ireland? Yes, but the terms may be less favorable than for residents. You’ll likely need a larger deposit and the interest rates may be higher.
  • Do foreigners pay more tax on property in Ireland? No, the Local Property Tax is the same for everyone. However, if you’re renting out the property, you’ll need to pay income tax on the rental income.
  • Can I live in Ireland if I buy property there? Owning property in Ireland doesn’t automatically give you the right to live there. However, it can make the immigration process easier if you’re planning to retire in Ireland.


In conclusion, yes, foreigners can buy property in Ireland. The process is relatively straightforward, but it’s important to be aware of the potential challenges, such as securing a mortgage and understanding the tax implications. However, with the right advice and careful planning, buying property in Ireland can be a rewarding and profitable venture. So, if you’ve been dreaming of owning a home in the Emerald Isle, why not take the plunge? 🏡

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.