Please can someone guide / advise with regards to helping me approximately calculate my future tax liabilities if I decided whether or not to become a resident here... 🙏
I'm retired. My annual. gross pension & rental income is €37k
I have read that there is a €5k personal annual allowance.. As such, €32k would be subject to taxation.. And that would be 30%..approx €9k to €10k?
I understand that if I stay here for more than 182 days,.. Approx January 3rd 2021, I'm classed as fiscal resident..
My intention is to ask fellow expats on here initially for advice.. But I will pay an accountant to undertake a formal assessment in due course.. to inform my decision making..
PS I'm in the process of obtaining my TIE presently to allow me to stay beyond 90 days..
Many thanks for taking the time to read my post. Any advice would be appreciated.