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@imcatholic Afaik lotto and gambling isn't taxed but once you invest all the returns would be liable to normal tax. He's talking about sticking 1M into the stock market and living off the dividends (I'm assuming) so income tax or the alternative is he is hoping to sell the gains of the...

@imcatholic If you mean return from dividends then half of that would go to income tax. Now you have 25k a year.

@bukola What stocks? And after tax, I doubt it

@captainfarkus Best answer here! Although the stock market of 10% yield if it holds would be higher than the rental income and be taxed less if you just hold a stock.

@anke3000 Oh cool, what have the returns been like for the last 5 years?

@anke3000 Get a portfolio of stocks then without the ETF. Are there really no such investment accounts in Ireland?

@anke3000 Surely the UK returns would be just about the same as any SP500 index that you can already get in Ireland. Albeit the DD after 8 years.

@sbrodhagen I bought a book about buying a house in Ireland and this post was much better than that whole book!