Posted by Scott on February 12, 2010, 8:46 am, in reply to "Moving to Ireland and renting out house in US"
159.134.204.140
It doesn't look like anyone is going to answer your question with experience of overseas house renting. But, as with all rental properties, it all depends on your tenants. There are those who are heavenly and those who come from, shall we say, down under. (You know... Australians...)
But, the other half of your question is easy. There are thousands of people who have moved back to Ireland in their forties. The biggest problem for this age bracket is their kids who have to adjust to school not as young kids growing up in a system, but as teens.
After a bit of worry and dislocation, the kids almost always make their own way. Like adults, some love it, some take a while to adjust. Read the pages in the free site or full site about Schools, check out some links, the teens can facebook their Irish peers and get some idea.
Remember, you have to be here three years and paying taxes in the EU before the kids qualify for the exemption from paying tuition for college. Though how long this will last is anyone's guess. It was due to go this year, but pollitical horse trading saved it for a bit.
But, the Irish government is in such financial trouble, I'd expect it won't be around all that longer.
Scott
--Previous Message--
: Hi,
:
: Has anyone moved to Ireland and rented their
: US residence during that time? I have heard
: that renting out results in devaluation of
: your property. Has anyone had this
: experience?
:
: Thanks,
: Geri
:
: P.S. Also wondering if anyone has moved home
: in their 40's. Looking for some hope that it
: is possible!
:
