Personal Finance

Personal finance: The five pitfalls to avoid before packing up and moving abroad

Taking care of business like mortgage or loans and having a financial plan before you emigrate will support you while you’re away and help you when you return

If you are considering leaving the emerald isle, there are some financial snags that might catch you on your way out the door

New figures from the CSO last week showed 64,000 people emigrated from Ireland in the 12 months to April – 30,500 of whom were Irish citizens.

On the other side, 29,600 Irish people returned home, so it’s not as if we’re all jumping ship.

If you speak to any Irish person in young adulthood, the sandy beaches of Australia, the skylines of the States or the sangria of Spain are always at the back of ...