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Billionaire tax exiles get free pass to stay - and not pay tax

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The news comes as over 30 of the country's wealthiest tycoons declared themselves non-resident for tax purposes - claiming status in countries such as Gibraltar and Monaco (stock photo)

The news comes as over 30 of the country's wealthiest tycoons declared themselves non-resident for tax purposes - claiming status in countries such as Gibraltar and Monaco (stock photo)

The news comes as over 30 of the country's wealthiest tycoons declared themselves non-resident for tax purposes - claiming status in countries such as Gibraltar and Monaco (stock photo)

Irish billionaires who were in Ireland the day the lockdown came into place will get a free pass to stay here for as long as it lasts.

The Sunday Independent has learnt that the super-rich tax exiles will be covered by 'extraordinary natural occurrences' under residency rules.

The news comes as over 30 of the country's wealthiest tycoons declared themselves non-resident for tax purposes - claiming status in countries such as Gibraltar and Monaco.