Certainly for r the return on bank deposits will remain low for the period ahead, and some of the bounce-back value of Irish property and business assets will accrue to the foreign buyers so much in evidence.
Foreign exchange (FX) regulations are being overhauled to achieve more efficiency and ease of doing business. The BSP will soon release an exposure draft on the liberalized rules on FX loans and offshore loans of the private sector. This will re-focus the registration process to primarily data-gathering and minimize documentary requirements.