Pearse Doherty (Donegal, Sinn Fein)
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107. To ask the Minister for Finance the estimated cost of applying a 1% stamp duty for first time buyers, maintaining the 2% for those who are purchasing a home having sold their home and applying a 5% stamp duty rate for investors including all persons and structures purchasing property as an investment. [49989/17]

Paschal Donohoe (Dublin Central, Fine Gael)
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As the Deputy’s Question refers to a home, it is assumed that the Question is in relation to residential property. 

The current rate of Stamp Duty on residential property is 1% on the first €1 million of the consideration and 2% on any excess.

First time buyers are liable to the current Stamp Duty rates on residential property. The majority of such properties would attract a rate of 1% so no cost would arise from proposed change. It is not clear whether the 2% rate proposed for non-first time buyers would apply below as well above the €1 million threshold.

In addition, I am advised by Revenue that it is not possible to identify from Stamp Duty records those purchasers who are investors.