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Live and Invest Overseas
Home Countries Ireland

Making A Move To The Emerald Isle

by Kathleen Peddicord
Nov 19, 2024
in Ireland
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Green hill in Ireland with a close-up of an Irish cow.

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According to the U.S. Census Bureau, over 31 million Americans claim Irish ancestry. They make up a large proportion of the growing number of U.S. citizens contemplating a move to the Emerald Isle.

The American dream of Ireland conjures images of thatched-roofed cottages, low stone walls, rich green pastures dotted with white sheep, and cozy pubs with roaring open fires. Indeed, that was the Ireland my family and I made the move to back in 1998.

Lief and I met in Ireland and made our first international move together there. We spent seven years in County Waterford, growing our family, building a business, and renovating a country home. As a result of our time there, Lief, our son Jackson, and I now hold Irish passports. I look back on our time there with a lot of affection. I even wrote a book about it.

We return often and I still dream of owning a home there again one day.

Life in Ireland has much to recommend it. The people are welcoming, friendly, and always ready to help. I love the architecture, especially the Georgian-style doorways you find in the heart of Dublin city. Then there’s the rolling green countryside awash with castles, churches, and gardens, all of which provide the opportunity to learn more about Ireland’s rich history.

It also makes a great home base for travel across Europe with low cost carriers connecting you with cities across the continent quickly and affordably.

Of course, nowhere is without its challenges and the climate in Ireland can be a downside for many. Personally, I didn’t mind the chilly temperatures, but I struggled with the lack of sunshine. Fall and winter there is wet, cold, and windy—and the same can sometimes apply to spring and summer. But the pay-off for all that rain is the lush countryside I appreciate so much.

Lief Simon, Kathleen Peddicord & Panel
Mike Cobb
Liz Larroquette
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The other factor that can be a dealbreaker for those looking to retire in Ireland is the cost. You will need to show that you have an annual income of 50,000 euros (around $54,000) per applicant. You will also need to show that you have access to a lump sum of money to cover any sudden major expenses. This lump sum needs to cover the cost of a home in Ireland—and the average house price there for 2024 is 340,000 euros (around $365,000).

Naturally, Irish (and U.K.) citizens can enter Ireland and live there without any such financial requirements so, if you are one of the 31 million Americans with Irish ancestry then obtaining citizenship through descent may be an option.

Ireland recognizes her far-flung sons and daughters with one of the best ancestral citizenship programs around. If any of your parents or grandparents were born in Ireland then you’re entitled to Irish citizenship and an EU passport.

You can check your eligibility and apply at the Register of Foreign Births. You may also be eligible through your great-grandparents, but only if one of your parents became an Irish citizen-by-descent before your birth.

For those who qualify, citizenship through ancestry is the easiest, quickest, and cheapest route to a new life in Ireland.

Until next time,

Kathleen Peddicord signature

Kathleen Peddicord

Founding Publisher, Live And Invest Overseas

Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

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SESSION 01
Lief Simon & Kathleen Peddicord
Lief & Kathleen
Perks & Pitfalls Of Buying Property Abroad
Lief Simon & Kathleen Peddicord
SESSION 02
Mike Cobb
Mike Cobb
The Top 10 Foreign Buyer Rules
Mike Cobb
SESSION 03
Liz Larroquette
Liz Larroquette
4 Secrets To Rental Cash Flow
Liz Larroquette
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