I’m an Australian citzen living and working here in Ireland. I have been here for the past 3.5yrs and have a permanent position with the HSE. I have a work permit that will take me up to my 5yrs, after which point i can move onto long term residency and apply for citzenship.
I’m currently saving a deposit to buy a house (Single & FTB) in the next few years. However i’m also more than a tad worried about having my savings in Ireland (currently have them with Ulsterbank). Given that the banks are making people jump through hoops and do cartwheels to get a mortage, what do people think my chances are, being non-EU?
Currently i see my future here, even though things are bad and potentially could get worse. I’m not in Dublin and could afford a decent semi-d on around 2.5 - 3 my wage which would then still allow me to have savings and money to continue to travel. If i return to Australia, this is currently just not possible and having a house and being able to travel are important to me. However if people think i’ll have little chance of getting a mortage then i will probably transfer my savings to Australia - even though the exchange rate is crappy at the moment and i could potentially loose out if i need to transfer the savings back to ireland at least i know they will be safe.
So has anyone heard of non-eu citzens getting mortages recently?