Looking to carry out an international money transfer to Ireland from UK? Getting professional advice from a currency transfer broker could mean the difference in you gaining a higher currency exchange rate when purchasing Sterling or Euro's depending where you are. Even sending regular payments to Ireland you now have the facility to book your exchange rate in advance which could secure you a better rate of exchange and reduce the risk of currency fluctuations.
Obtaining the best exchange rate when purchasing a property in Ireland or simply making an international money transfer to Ireland could mean the difference of you securing a 3% better foreign exchange rate than your bank.
Currency in Ireland:
Currency in Southern Ireland is the Euro. The Euro (EUR; symbol €) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5.
Coins are in denominations of €2, 1 and 50, 20, 10, 5, 2 and 1 cents.
Currency in Northern Ireland is the pound sterling (GBP; symbol £). Notes are in denominations of £50, £20. £10, and £5. The British coin currency is the penny. Currently are in circulation coins with denominations of 1p, 2 p, 5 p, 10p, 20p, 50p, £1, and £2.
Transfer Money to Ireland
Avoiding high street banks will improve your exchange rate to Ireland and banks often charge additional service charges. One of the main issues with using a bank is that you need to have a bank account with them and in most cases bank counter staff are inexperienced when it comes to giving you advice when sending money to Ireland.
With the foreign exchange companies listed on our site you will get a dedicated account manager to best advice you when doing money transfer giving you crucial market information before you make a decision in timing. Using our website you can see alternatives to banks with a cheaper money transfer to Ireland from UK or sending money to Ireland from USA.
Plus all the money transfer companies listed on this site are regulated by the UK Financial Services Authority (FSA) and have been carefully vetted by Money Transfer to Ireland.
Move Money to Ireland
Until very recently, Ireland and its capital Dublin were the unlikely Cinderella success story of Europe . Expats suddenly looked at moving to Ireland as more than just an opportunity to discover a chance pot of gold. Yet of late, the nation's mushrooming economy proved to be a too-good-to-be-true fairy tale without a happy ending.
In 2007 Ireland enjoyed enviable economic growth, and became one of the wealthiest countries in Europe - earning the affectionate nickname of Celtic Tiger. The nation became a sudden expat hot spot and a global player.
However, as a result of the worldwide recession, Ireland 's property bubble went pop and its economic collapse was more drastic than that of many other European nations.
Nonetheless, left over from the boom is a wave of multinational companies that relocated to the island nation. Lured by low business taxes, EU status and comparatively low wages, many American companies set up European hubs and even more contributed through direct investment. Many expats are surprised to learn that Ireland has stronger economic ties to the US than the UK , with nearly 500 US companies located there. Many American and British expats headed to Ireland during the peak period of economic growth, and scores still remain.
Expats considering moving to Ireland in the immediate future should be aware that they may have to fight through high unemployment rates and a competitive market.
However, grey forecasts, economic or otherwise, still don't cloud a nation that values a relaxed way of life and an impressive natural aesthetic. Despite the clout the Irish have around the world, people forget the island is home to a mere four million people, about half as many as New York City proper. Thus, the charming and resilient culture and the strong ties to overseas companies continue to make Ireland a welcome job posting and expat destination.
Ireland is a beautiful country, with green countryside and bustling cities that stay out late. Its culture dates back to Viking heritage to Celtic heritage, to potato famines to the influence of Catholicism. The information below is to non-Irish people moving to Ireland.
Work Permits for Ireland:
People from the EU, Norway , Iceland , Liechtenstein and Switzerland do not need work permits.
Work permits are meant for jobs over 30,000 Euros, and are rarely granted to people who make anything less than that. It is issued for two years, and can then be renewed for a three year contract. Employers or employees can apply. The job vacancy that you wish to fulfill must be advertised with the FAS/EURES employment network for at least 8 weeks, then with local newspapers for 6 days, before you can apply or be offered the job.
Student Visas for Ireland:
Many countries do not require a visa to study in Ireland , such as the USA , Japan or Mexico . The quality of Irish schooling is high, and many people study abroad throughout the country's various universities.
However, if you do need a visa, you must submit the following to the Department of Foreign Affairs:
Copies of educational qualifications
Letter of acceptance
Evidence that you have paid your fees
Evidence you have sufficient funds to support yourself
