Home for Christmas and keen to buy? Look at non-resident mortgages

Buying in Ireland from overseas requires a hefty deposit and a buoyant salary

Do your research, and make sure everyone on the loan application has the right to live and work in Ireland

Do your research, and make sure everyone on the loan application has the right to live and work in Ireland

The bad news, if you’ve come home for Christmas and been filled with ideas of buying your own home here, is that doing so won’t be easy if you live abroad.

However, the good news is that, while still difficult, buying a property as a non-resident or expat may be cheaper than you thought, and it is possible to get a mortgage, even if you’re working and living in a country outside the Euro zone. You will, however, need a substantial deposit and a buoyant salary.

The Irish Times
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