Is it possible to send money to my parents from abroad after getting PR in Ireland?
Yes, you can send money to your parents in India after obtaining Permanent Residency (PR) in Ireland. There are no restrictions for PR holders on international money transfers from Ireland.
Transfers to your parents are not taxable for them in India, as money received from close relatives is exempt from tax.
For smoother transactions, your parents may consider using an NRE (Non-Resident External) account, which allows tax-free interest and easy fund repatriation.
How much will a month abroad cost you?
Rent, food and travel. A real monthly budget, city by city.
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