# Tax exiles could buy extra days in Ireland with charitable donations

- Link: https://fundraising.co.uk/2013/07/21/tax-exiles-could-buy-extra-days-ireland-charitable-donations/
- Published: 2013-07-21T20:35:41+01:00
- Author: Howard Lake

Wealthy Irish tax exiles could spend extra time in Ireland if they make donations
to charity under a proposal made by the government-supported Forum on Philanthropy.

 

Currently, a person is considered a non-resident for tax purposes in Ireland if 
they spend fewer than 182 days a year in the country. The proposal was discussed
recently by [an Oireachtas Finance Committee](http://www.oireachtas.ie/parliament/agenda/committees_list/fper-committee/),
according to the [Irish Times](http://www.irishtimes.com). Minister for Finance 
Michael Noonan has reportedly described it as ‘attractive’.

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If enacted, the scheme would allow tax exiles to spend an extra two months a year
in Ireland in return for a €15 million payment over 10 years. This would be front-
loaded with an initial payment of €5 million followed by 10 annual payments of €
1 million.

 

There are an estimated 400 Irish tax exiles around the world. If all of them signed
up then this could bring in a maximum of €2 billion to good causes, with an annual
income of €400 million a year.

 

The scheme could help to counter the effect of the drop in grants to charities following
the recent closure of the One Foundation and the current winding up of Atlantic 
Philanthropies by 2015.

 

Not all TDs are in favour of the scheme, with Labour member Kevin Humphreys saying
it would “turn my stomach to give some of these individuals extra days in Ireland.”

_Image: [Give and receive](http://www.shutterstock.com/pic-118910476/stock-photo-giving-and-receiving-words-on-arrows-around-a-sphere-to-symbolize-the-full-circle-of-sharing-and.html)
by iQoncept on Shutterstock.com_

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