How to apply for a housing loan when immigrating to Ireland?

If you want to apply for a housing loan in Ireland, you must have sufficient financial strength, and you must show your ability to the bank, and after the loan, you must have enough money for living expenses every month. When applying, the bank usually examines the economic ability of the applicant through the following aspects. The following is a compilation of how Irish immigrants apply for housing loans. Welcome to read!

1. How to apply for a housing loan when immigrating to Ireland?

1. Applicant's deposit: Opening a time deposit account can not only help you save money quickly and effectively, but also prove to the bank that you have a stable income.

2. The applicant's asset management ability: manage your income reasonably and effectively, and try to overdraw the credit line as little as possible or not in advance. This is the way to maintain a good credit record, whether in China or Ireland.

3. Other loans of the applicant: Whether there are credit bills or other personal loans, before applying for a loan to buy a house, pay off these bills as much as possible to show the bank that you don't have much repayment pressure. If there are too many extra loans, it will affect the amount of housing loans.

4. Other expenses: When applying for a loan, you need to show the bank that the income after the loan can cover other expenses other than the applicant's daily life, such as stamp duty, lawyer's fees, extra expenses that may be incurred in buying a house, etc.

How to estimate the loan amount?

Summarize with the favorite and least nutritious sentence in IELTS or TOEFL composition: thanks to the rapid development of science and technology and the emergence of computers. The online loan calculator can help you calculate the loan amount you can apply for according to your deposit, monthly payment and other data. You can calculate how many years it will take you to buy a house according to the calculator provided by the Irish bank below.

The down payment problem when buying a house for the first time

This is probably the issue that everyone is most concerned about. Having settled the down payment, I believe many people can stay in the dream house smoothly. Of course, local tyrants are free.

According to the new regulations issued by the central bank in February, 2065438+2005, when buying a house for the first time, the loan proportion of the house price within 220,000 euros is 90%, and the part exceeding 220,000 euros is 80%. In other words, if you save enough 20% down payment, there is basically no big problem in buying a house with a loan. You can click on the link below to learn more about this regulation.

deadline

For first-time buyers, the longest loan period is 35 years. Whether buying a house for the first time or not, the loan term shall not exceed 70 years of age of the lender.

Do you have to be a customer of a bank to borrow money from it?

No need. For example, if you want to apply for a loan from an Irish bank, you only need to provide valid identity documents, including passport and driver's license. And bank statements for the last six months.

What documents do I need to prepare for the first loan to buy a house?

Work certificate, income certificate, if you have already had a loan, you need to provide the corresponding repayment certificate, living expenses and all other proof materials that can prove the applicant's repayment ability.

Other expenses that need to be considered besides loans.

Valuation: Before determining the loan, you need to find a professional appraiser to evaluate the property. The cost is about 150 -200 euros, excluding tax.

Lawyer's fee: A loan to buy a house in Ireland will involve a third-party lawyer, and then there will be a lawyer's fee or commission. The money may be a fixed fee or a part of the house price.

Stamp Duty: The current stamp duty rate is: 1 part within ten thousand euros 1%, and part exceeding 1 ten thousand euros is 2%.

Insurance: including life insurance and property insurance, it must also be excluded from loans.

If you have the above application conditions, have the financial ability to repay the loan, and can take care of yourself (materially) after the loan, don't rent any more. Dublin's housing price is too expensive (please refer to the analysis of Dublin's housing price on June 9), so hurry to find a favorite property in Dublin ~

Supplement: Applying for mortgage requires a stemp4 or higher visa and a work contract with sufficient repayment ability.

2. How to immigrate to Ireland quickly

If you want to immigrate to Ireland quickly, Irish investment immigration is the best choice!

Ireland's investment immigration trial is fast, and the application cycle only takes 4-6 months! As long as it takes about 4 months, you can get the permanent status of Irish immigrants and move to Ireland smoothly! Moreover, unlike immigrants from other European countries, Ireland needs everyone to apply for investment immigration first, and can only invest after the application is passed. Compared with other countries investing in immigration projects, Ireland is really reliable!

If you are naturalized, you need to meet certain residence requirements five years after obtaining Irish status, and then you can apply for Irish citizenship and get an EU passport. By then, an Irish passport will be in hand, 170 countries will enjoy visa-free treatment, and 27 countries in the EU will be free to live, travel, study and work. Really, I have traveled all over the world and lived in Europe. A trip to the world and Europe is already in the bag!

Perhaps it is because of Ireland's favorable investment immigration policy that the purpose is to promote Ireland's economic prosperity. Now Irish investment immigration is too hot, so in the future, Irish investment immigration is likely to raise the immigration threshold! If you are interested in immigrating to Ireland, you must hurry up and do it as soon as possible!

3. What are the precautions for Irish immigrants?

I. Incomplete immigration application materials

Although the immigration conditions in Ireland are simple, the process of preparing immigration materials will still be complicated, and it will inevitably take a lot of time to prepare. For high net worth people, work is already very busy at ordinary times. If you still prepare your own immigration materials, even if you are familiar with the immigration policy, you will inevitably miss the details, and you will not be able to do enough without adequate preparation.

In order to ensure that all Irish immigration materials can be prepared completely and correctly, it is suggested that applicants can do it with the assistance of professional immigration agencies. Seeking the assistance of professional immigration agencies not only saves time and effort, but also ensures the accuracy of immigration materials and improves the success rate of immigration.

Second, insufficient funds are prepared.

Ireland has the lowest investment among English-speaking immigrant countries, and only needs 500,000 euros. In addition, in the five-year process of 2 million pounds (RMB 20 million exchange) of British immigrants, if the funds are less than 2 million pounds, it is necessary to make up the position, and the actual final cost is actually more than 2 million pounds. However, after the initial investment, Ireland does not need additional capital.

Perhaps most people think that Ireland only needs an investment of 500,000 euros when they see it, but they don't know that Irish immigrants need to provide proof of assets of 2 million euros, which is why many people who don't understand immigration policies are refused visas!