Minimum income to retire to Ireland

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Minimum income to retire to Ireland


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Old 24th February 2013, 04:46 PM
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Default Minimum income to retire to Ireland

Does anyone know the minimum income needed to retire to Ireland? Everything I read says you need "sufficient income to support yourself" but doesn't give a dollar amount. Does anyone know what that is? Or it determined by the local authorities where you regiester?

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Old 25th February 2013, 12:48 PM
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Originally Posted by bunchesofun View Post
Does anyone know the minimum income needed to retire to Ireland? Everything I read says you need "sufficient income to support yourself" but doesn't give a dollar amount. Does anyone know what that is? Or it determined by the local authorities where you regiester?
It depends on what type of lifestyle you lead and are looking for along with what you may be entitled to from the state.

Are you Irish? If not what visa will you use, it would be dictated by that.

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Old 25th February 2013, 02:03 PM
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I'm a US citizen. Everything I read simply says enough money to support yourself but doesn't give a Euro or Dollar amount. Other countries we've looked into give an actual figure that you must meet in order to be allowed to stay.

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Old 25th February 2013, 04:17 PM
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What visa is it you are looking at? Money to support yourself means exactly that. What is reasonable to live on at that moment in time given you will get nothing from the state. Living costs at no less than welfare preferably more. Average rent & housing costs and comprehensive medical insurance. Being able to show that in savings or income from investments & pensions you will have enough to cover those things for the duration of the visa.

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Old 28th February 2013, 09:34 PM
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As was said above, you need enough to support yourself without gov't support. So I would start by finding out how much money qualifies your for gov't support, then double that and start there.

If you have more than that you're doing OK. If you have right around that start looking at how much things cost and what kind of life you can really expect with that amount of money.

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Old 5th March 2013, 04:08 PM
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As was said above, you need enough to support yourself without gov't support. So I would start by finding out how much money qualifies your for gov't support, then double that and start there.

If you have more than that you're doing OK. If you have right around that start looking at how much things cost and what kind of life you can really expect with that amount of money.
I am also curious. Mine would a retirement visa as Iam retired and not planning on working. In fact I am in Ireland now but leaving Thursday. Any ideas?

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Old 5th March 2013, 04:46 PM
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I am also curious. Mine would a retirement visa as Iam retired and not planning on working. In fact I am in Ireland now but leaving Thursday. Any ideas?
I'm sorry. I don't quite understand what you are asking. Any ideas about what? How much you need to retire? or ???

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Old 5th March 2013, 04:58 PM
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I'm sorry. I don't quite understand what you are asking. Any ideas about what? How much you need to retire? or ???
As was stated by someone else above I am curious if there is a minimum income required by the country of Ireland to live here on a retirement visa.
I am thinking Ireland has no set amount.
Places like Australia require a very large amount as does several other countries.
That is the reason for my question and also the other persons question.
At this point it doesn't matter. I am in Ireland right now and will ask here.

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Old 5th March 2013, 05:06 PM
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Originally Posted by newfie11 View Post
As was stated by someone else above I am curious if there is a minimum income required by the country of Ireland to live here on a retirement visa.
I am thinking Ireland has no set amount.
Places like Australia require a very large amount as does several other countries.
That is the reason for my question and also the other persons question.
At this point it doesn't matter. I am in Ireland right now and will ask here.

There doesn't seem to be any specific amount mentioned but as was said above, you need to be able to support yourself. So take the minimum amount that one requires to get social welfare and them double it. If you make more than that, you're in a good position. If you make less than that.... well, it's a toss up.

Start by looking at the website for the Irish consulate closest do your home/residence.

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Old 5th March 2013, 05:28 PM
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Originally Posted by newfie11 View Post
As was stated by someone else above I am curious if there is a minimum income required by the country of Ireland to live here on a retirement visa.
I am thinking Ireland has no set amount.
Places like Australia require a very large amount as does several other countries.
That is the reason for my question and also the other persons question.
At this point it doesn't matter. I am in Ireland right now and will ask here.
Its not hard really. Are you self sufficient? Do you have enough income from pensions,savings and investment so you can afford to live in Ireland without seeking any state support in any way?

If yes apply showing evidence of your income, proof of insurance and they will grant you permission or not depending on the evidence you provide.

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