Moving to Ireland
Until very recently, Ireland and its capital Dublin were the unlikely Cinderella success story of Europe. Expats suddenly looked at moving to Ireland as more than just an opportunity to discover a chance pot of gold. Yet of late, the nation’s mushrooming economy proved to be a too-good-to-be-true fairy tale without a happy ending.
In 2007 Ireland enjoyed enviable economic growth, and became one of the wealthiest countries in Europe - earning the affectionate nickname of Celtic Tiger. The nation became a sudden expat hot spot and a global player.
However, as a result of the worldwide recession, Ireland’s property bubble went pop and its economic collapse was more drastic than that of many other European nations.
Nonetheless, left over from the boom is a wave of multinational companies that relocated to the island nation. Lured by low business taxes, EU status and comparatively low wages, many American companies set up European hubs and even more contributed through direct investment. Many expats are surprised to learn that Ireland has stronger economic ties to the US than the UK, with nearly 500 US companies located there. Many American and British expats headed to Ireland during the peak period of economic growth, and scores still remain.
Expats considering moving to Ireland in the immediate future should be aware that they may have to fight through high unemployment rates and a competitive market.
However, grey forecasts, economic or otherwise, still don’t cloud a nation that values a relaxed way of life and an impressive natural aesthetic. Despite the clout the Irish have around the world, people forget the island is home to a mere four million people, about half as many as New York City proper. Thus, the charming and resilient culture and the strong ties to overseas companies continue to make Ireland a welcome job posting and expat destination.
In 2007 Ireland enjoyed enviable economic growth, and became one of the wealthiest countries in Europe - earning the affectionate nickname of Celtic Tiger. The nation became a sudden expat hot spot and a global player.
However, as a result of the worldwide recession, Ireland’s property bubble went pop and its economic collapse was more drastic than that of many other European nations.
Nonetheless, left over from the boom is a wave of multinational companies that relocated to the island nation. Lured by low business taxes, EU status and comparatively low wages, many American companies set up European hubs and even more contributed through direct investment. Many expats are surprised to learn that Ireland has stronger economic ties to the US than the UK, with nearly 500 US companies located there. Many American and British expats headed to Ireland during the peak period of economic growth, and scores still remain.
Expats considering moving to Ireland in the immediate future should be aware that they may have to fight through high unemployment rates and a competitive market.
However, grey forecasts, economic or otherwise, still don’t cloud a nation that values a relaxed way of life and an impressive natural aesthetic. Despite the clout the Irish have around the world, people forget the island is home to a mere four million people, about half as many as New York City proper. Thus, the charming and resilient culture and the strong ties to overseas companies continue to make Ireland a welcome job posting and expat destination.
Living in Ireland?
Are you living in Ireland? We are always looking for local "expat experts" to contribute to our Ireland guide and to answer forum questions for people moving or planning to move to Ireland. Please contact us if you would like to contribute.
Complete travel guide to Ireland
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