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Dreaming of spending your golden years surrounded by Ireland’s lush landscapes, vibrant culture, and welcoming communities? Retiring in Ireland is an increasingly popular choice for those seeking a blend of natural beauty, rich history, and a high quality of life. However, making the move involves careful planning, especially when it comes to understanding the costs, visa requirements, and lifestyle adjustments involved. From the rolling hills of County Kerry to the lively streets of Dublin, Ireland offers a range of options for retirees, but it’s important to be well-informed about the financial and legal aspects before making the leap.
Consider working with a financial advisor as you plan for a retirement, either in the U.S. or a foreign country.
Key Takeaways:
- Getting a visa to retire in Ireland will require certain income and assets.
- Ireland may offer some cost savings over living in the U.S., but in general the cost of living is somewhat similar.
- Both public and private healthcare options are available for retirees.
Cost of Retiring in Ireland
According to August 2025 data from Numbeo.com, a site that measures the cost of living of various countries around the world, average prices in Ireland are, on average, a mere 3.2% higher than in the U.S if you exclude rent.
Similarly, rent in Ireland is 6-10% more expensive than in the U.S. But if you’re planning on buying a house, you can expect to pay 36% less in the USA. Even at these prices, renting is typically the way to go in Irish cities that fall into either the mid-size or small categories.
As is the case with any country you choose to retire in, your cost of living will heavily depend upon where you choose to call home. Dublin is the most expensive city in Ireland, and choosing to live in the city center there will cost you quite a bit of money.
Ireland is known for its gorgeous countrysides, though. So if living in a quaint town here is of interest to you, doing so can help you save some cash. Be aware, too, that residents older than 66 can take advantage of Irish public transportation for free.
Getting an Irish Visa
You can visit and remain in Ireland for up to three months as a tourist. While this might suffice for your home search prior to your move, a retirement visa is necessary for a longer stay.
To obtain this, you’ll need to prove to Irish authorities that you have an income of at least 50,000 euros (about $58,252.50 as of August 2025) per year, or 100,000 euros (about $116,505) if you’re applying as a couple. You’ll also need proof of a lump sum of money in case of an emergency, which should be around $250,000. Unfortunately, you will not be able to work for supplementary income with this visa.
Ireland requires you to renew your visa every year for the first five years that you reside in its borders. After five years, you can get a five-year visa. Only after you live there for a decade will you be able to apply for permanent residency.
Healthcare in Ireland
Ireland offers both public and private healthcare, and about half the population opt for some form of private healthcare. According to Numbeo, Ireland ranks 85th in healthcare. But the 2021 GHS Index Country Profile has Ireland as 31st among nearly 200 nations. Ireland gets high marks for the friendliness and courtesy of medical workers and access to modern equipment to diagnose and treat medical problems. Ireland’s healthcare system gets relatively low marks for wait times to see a doctor and wait times for test results.
You’re charged for public healthcare on a per-visit basis. Most emergency room visits will cost around 100 euros (about $97), whereas visits to a doctor’s office can cost as little as 25 euros (about $24). For those that go with a private health insurance policy, it will cost you around 1,500 euros (about $1,460) annually. Residents over 70 years old can opt in for the public healthcare system without private insurance.
Taxes in Ireland
An Irish retirement visa doesn’t allow you to work in Ireland, but you still need to file your taxes there. For the most part, retirement income won’t be taxed in Ireland if it’s generated outside of Irish borders.
As is the case with any American citizen living abroad, you’ll still need to file your U.S. taxes as well. That being said, it’s important to talk to a financial advisor to ensure that you’re paying what’s due come tax time.
Safety in Ireland
According the US News, Ireland is the 12th safest country in the world; by contrast the U.S. is the 37th safest country in the world. Some of the larger cities like Dublin have some pickpocketing issues, but they’re relatively minor. In general, Ireland is about as safe a country as you’ll find, with petty crime unlikely to be a problem for anyone looking to retire there.
Bottom Line
Ireland can be expensive, but it’s a great retirement destination. It’s easy to find cheaper housing and living options, and the Irish lifestyle is perfect for anyone who is looking to settle down and live life on the slower side. Some areas of the country are exceptionally rainy, but temperatures are mild throughout. And while visa requirements are steep for some, it’s easy to obtain a visa once you’re able to meet said requirements. If you’re looking for a European retirement destination, Ireland should not be overlooked.
Tips for Retiring in Ireland
- It’s a good idea to talk to a financial advisor before you move to Ireland or any other foreign destination. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goal, get started now.
- Will your current retirement savings allow you to keep up with the cost of living in Ireland? Our retirement calculator can help you see just how much income your current savings will afford you in your golden years.
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