Leah McMahon

So if you're living abroad and you've managed to save money, how hard is it to bring it home?

I'm joined now by Leah McMahon, who's a senior financial planner with Castle Capital.

Leah, you're very welcome.

And you know, the first thing we think about here are people who are coming home now from the UAE, from places like Dubai, who have managed to save money.

Have you come across cases like this in the recent last little while?

Mm-hmm.

Is that a sensible thing to do in the first instance to sign up to an investment scheme over there?

Would you not be better sending the money home to an Irish investment vehicle?

OK, so what sort of problems are people running into?

When can she take the money out without incurring the 15 grand penalty?

Of course, that's the whole point.

So what is the best way to do it if you're planning to go overseas to work for five or ten years and come back then with your money?

How do you sensibly do it?

So you're paying what tax on it when you come home then?

Capital gains tax?

It's very tricky, isn't it, for people to try and save a few bob?

People are looking aren't they for rates of over 3% really isn't that the kind of holy grail at the moment?

There are more entrants now coming in to the market and we see as well with PTSB being sold that that's likely to shake things up as well.

Leah, we'll leave it there.

Thank you very much for coming in.