Ireland Excludes Cryptos from Tax-Advantaged Investment Accounts
Ireland's Department of Finance is launching new tax-advantaged personal investment accounts for Irish residents in 2027, but one type of asset will be left out: cryptocurrencies. The government has classified cryptos as 'highly complex and risky' products, following European Commission guidance from September 2025.
Eligible investments in the new accounts include listed stocks, bonds, exchange-traded funds (ETFs), and insurance-based investment products. However, crypto assets and derivatives will not qualify.
The accounts aim to simplify saving and investing for Irish residents, who currently hold a significant portion of their financial assets in cash and deposits. The exact tax rate, threshold, and annual contribution limit are due to be confirmed in Budget 2027.