The Irish Mirror reports that horse mogul J.P. McManus is close to completing the revamp of his mansion which is next door to the Sandy Lane resort he owns with fellow tax compliant tycoons Dermot Desmond, John Magnier and others in Barbados.

He reportedly bought the former home of horse breeder Robert Sangster for €31m in 2006 and is spending €150m on the upgrade.

€150m.

JP’s €150m paradise island getaway (Jeremy Armstrong, Irish Mirror)

JP McManus’ €150m Barbados mansion almost complete (Eugene Phelan, Limerick Leader)

Photos: (Top and centre) Jeremy Armstrong/Daily Mirror, (bottom) Mark Stedman/Photocall Ireland

H/t: Niall O’M

(Above: Denis O’Brien’s Gulfstream (left) and Dermot Desmond’s Dassault Falcon at Dublin Airport)

Minister for Finance Michael Noonan has described as “attractive” a proposal that would give Ireland’s multimillionaire tax exiles an extra two months a year in the State in exchange for a €15 million payment over 10 years.

A proposal from the Government-backed Forum on Philanthropy has suggested a scheme where so-called high net worth individuals who have chosen to live abroad can “buy” extra days in Ireland in exchange for investment in charities and other worthy projects.