Schiff Sovereign's Take on Ireland
If you love strong tea, dark beer, nubby sweaters and literature, then Ireland might be right for you.
Irish people are a delight: They’re generally very nice, well educated, and can turn a dull event into a riveting yarn.
But you better also love rainy weather if you plan on spending any time in Ireland. Because sunshine is a scarce resource in the country...
There are theories, in fact, that the wit and intellect of the Irish (and English) can be traced to their dismal weather: They can’t go outside and play on the beach all day, so they read, think, and converse. There’s probably some truth to that.
The capital city of Dublin is a very cool place.
And there are a lot of great things about Ireland in general (including their beer).
Ireland can also be interesting for certain business opportunities.
The country is a part of the European Union, but is somewhat of a happy exception within a bloc of otherwise high-tax jurisdictions. Its corporate tax rate is 12.5% – one of the lowest in the Western world. This fact has attracted multiple multinational companies to Irish shores over the years.
Ireland is also now the only English speaking EU country, with the UK having left the bloc in 2021, which further adds to its appeal.
The downside? A successful economy has made Ireland a very expensive place to live.
But the country can still be very interesting from a Plan B perspective.
The Irish are now the only nationality with free access to two European markets – the EU, by being part of the bloc, and the UK, through bilateral agreements.
If you have Irish ancestry, you could become an Irish citizen, too, based on the country's generous Citizenship by Ancestry laws.
If you have no Irish blood, however, you could also consider Ireland’s (rather expensive) Golden Visa.
Irish people are a delight: They’re generally very nice, well educated, and can turn a dull event into a riveting yarn.
But you better also love rainy weather if you plan on spending any time in Ireland. Because sunshine is a scarce resource in the country...
There are theories, in fact, that the wit and intellect of the Irish (and English) can be traced to their dismal weather: They can’t go outside and play on the beach all day, so they read, think, and converse. There’s probably some truth to that.
The capital city of Dublin is a very cool place.
And there are a lot of great things about Ireland in general (including their beer).
Ireland can also be interesting for certain business opportunities.
The country is a part of the European Union, but is somewhat of a happy exception within a bloc of otherwise high-tax jurisdictions. Its corporate tax rate is 12.5% – one of the lowest in the Western world. This fact has attracted multiple multinational companies to Irish shores over the years.
Ireland is also now the only English speaking EU country, with the UK having left the bloc in 2021, which further adds to its appeal.
The downside? A successful economy has made Ireland a very expensive place to live.
But the country can still be very interesting from a Plan B perspective.
The Irish are now the only nationality with free access to two European markets – the EU, by being part of the bloc, and the UK, through bilateral agreements.
If you have Irish ancestry, you could become an Irish citizen, too, based on the country's generous Citizenship by Ancestry laws.
If you have no Irish blood, however, you could also consider Ireland’s (rather expensive) Golden Visa.
