Delivering bespoke wealth management solutions for international individuals
In a world where international mobility has become the norm for many individuals and where residency and citizenship often diverge, it is essential to understand the complex financial and tax implications.
Davy operates with a global mindset to meet the needs of international clients. Whether you're an Irish national living abroad planning your return, a foreign national already living in Ireland, or considering a move to Ireland for career or family reasons - we can provide the financial advice you need.
We specialise in wealth management services for international clients, including comprehensive financial planning and appropriate tax-efficient investment strategies designed to meet your financial goals. Our investment platform is built to support the unique international profiles of our clients, providing access to Davy investment solutions, including our specialised non-domiciled 'non-dom' platform which is designed to help international individuals to optimise the tax efficiency of their investments.
In Ireland, your tax status is determined by your residence, ordinary residence and domicile, and your tax obligations will vary accordingly. We work closely with you and your tax advisors to establish your tax position and ensure it is appropriately reflected in your financial planning. A clear understanding of your tax status is essential when considering investment structuring, estate and succession planning, and the management of cross-border income and assets.
| TAX STATUS | DEFINITION | HOW IT'S DETERMINED |
|---|---|---|
| Tax Residency | Determines if you are considered a resident for tax purposes in a given year |
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| Ordinary Residency | Based on long-term presence in Ireland |
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| Domicile | Refers to your permanent home or long-term intention to reside |
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| Remittance Basis | Special tax treatment for non-domiciled residents |
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Ireland offers an attractive lifestyle for retirees, but building a pension locally may not always be the most tax-efficient strategy for foreign nationals. Depending on your circumstances, transferring retirement assets to another jurisdiction may provide greater flexibility and tax efficiency. We provide specialist advice on cross-border retirement planning. Our team can assess the options available to you, explain the associated regulatory, tax and currency considerations, and guide you through the transfer process where appropriate. Our aim is to help ensure your pension arrangements are structured in a way that supports your long-term financial plans, residency status and retirement objectives.
In some cases, transferring Irish retirement assets to other jurisdictions, such as Malta, which offers pension structures recognised under multiple tax treaties, may provide greater flexibility and tax efficiency. For clients with UK pension benefits, we provide specialist advice on available options, including the transfer of UK pensions to a Qualifying Recognised Overseas Pension Scheme (QROPS) where appropriate. We guide you through the full process, from assessing the suitability of a transfer and explaining the regulatory, tax, and currency considerations, to liaising with UK providers and coordinating the transfer. Our aim is to ensure your pension is structured in a way that aligns with your long-term financial plans, residency status, and retirement objectives.
Navigating the complexities of international succession planning requires a strategic approach that accounts for diverse tax regimes. We work closely with your trusted tax professionals to ensure your estate plan is structured to support tax efficiency and preserve wealth across generations and jurisdictions.
We provide exptertise in the development of investment strategies tailored to our international clients' tax position, goals, risk tolerance and preferences. Through a dedicated investment advisor, access to our financial planning and technical teams, and myDavy, our digital portal, we provide ongoing support to help clients remain informed and confident in their financial decisions. Investment strategies are continuously monitored and adapted to reflect changes in clients’ circumstances and the evolving economic and regulatory landscape.
For US-connected investors, we also help navigate complex US tax considerations, including Passive Foreign Investment Company (PFIC) rules. We design and manage portfolios that align with relevant US tax requirements while complying with European regulatory standards, helping clients invest efficiently while managing compliance considerations.
Individuals who are Irish tax resident but not Irish domiciled may benefit from specific tax treatment on foreign income and gains. Davy offers a tailored non-domiciled investment platform designed to meet the needs of internationally mobile clients and help them make the most of available opportunities.
A practical and important issue for anyone moving to Ireland is to establish their banking relationship. As a member of the Bank of Ireland group, Davy can provide introductions to dedicated advisors within Bank of Ireland who can assist our clients with assessing their everyday banking and lending needs, should they require it.
Navigating financial planning across multiple jurisdictions and tax regimes can be complex. We work with you and your tax advisors to deliver a bespoke financial plan, with tailored investment solutions that align with your unique circumstances.
Our platforms offer access to a broad range of traditional and alternative investments across multiple currencies and asset classes. Whether you're seeking global diversification or exposure to specific regions, our solutions are designed to meet the needs of internationally minded investors.
Davy are not tax advisors and we recommend that you also obtain additional professional advice (including inter alia, legal and tax advice) suitable to your own individual circumstances, before making a decision.
Associate Director
Private Clients, Financial Planning
Director, Tax Specialist
Private Clients, Financial Planning
Director, Tax Lead
Private Clients, Financial Planning
WARNING: The information on this page is not a recommendation or investment research. It does not purport to be financial advice and does not take into account the investment objectives, knowledge and experience or financial situation of any particular person. Investors should determine whether an investment is appropriate to their own personal circumstances.
WARNING: Tax information provided/discussed on this page is provided for Irish Resident investors only by way of general guidance only and is neither exhaustive nor definitive and is subject to change without notice, including potentially retrospectively. It is based on Davy’s understanding of Irish Tax legislation, provided by Revenue as at 02/05/2025. It is not a substitute for professional tax advice. Please note that Davy does not provide tax advice. You should consult your own tax advisor about the rules that apply in your individual circumstances.
