Archive for the ‘SIPP’ Category

Natal Ocean Club Brazil – last 4 Beach Residences

Saturday, February 20th, 2010

Beach residence at Natal Ocean Club

With completion and resort opening planned for end of 2010, there are now only 4 luxury 2-bed Beach Residences remaining for private purchase at Natal Ocean Club.

If you have been thinking about investment property in Brazil, don’t miss this unique opportunity to pick up not only Brazil’s most highly anticipated resort residence, but also attract gross yields of 10%+ based on a thorough competitive set hotels and resort study.

Preferred Hotels & Resorts will manage global marketing and reservations via their 60+ dedicated sales staff in 35 offices worldwide. With the affiliation with Preferred Hotels & Resorts, Natal Ocean Club will join flagship hotels such as the Sandy Lane Barbados, K Club Ireland, Lanesborough London and Montage Hotels USA.

The world-class resort amenities include the cliff top Ocean Club, Ocean Rock Spa & Fitness Club, designer infinity pools blending with the azure Atlantic waters, sports bar & grill for nightly seafood BBQs. The designer landscaped jungle and sea view gardens by Sergio Santana include the Tranquility Retreat & Kids Activity Club, and Tennis and Volleyball Clubs. Other activities on offer include dune buggy expeditions, fishing, surfing, windsurfing, snorkeling, diving, kite surfing and Pipa beach boutique shopping.

More info about Natal Ocean Club from International Luxury Real Estate.

Overseas property investment using a SIPP

Thursday, February 18th, 2010

Beach in Brazil

A SIPP is a Self-Invested Personal Pension for which UK residents, investing for retirement, decides what their pension fund is invested in. Traditionally pensions are managed by a pension fund manager who will decide where to invest the client’s funds. Investing via a SIPP can give the investor the flexibility to manage their own fund by choosing their investments.

The SIPP provides a wrapper and enables the holder to have a number of different investments to take as pension benefits when they retire. As with any pension fund, the investor cannot take money from the fund until age 55.

There are several SIPP approved overseas property resorts, allowing property investors to use their personal pensions to invest in an overseas property.

What type of investments can be included in a SIPP?

A variety of investments can be held within a SIPP, for example, commercial property, Government securities, stocks and shares and unit trusts.

Which overseas properties are considered suitable for SIPP investment?

Typically they are part of a hotel resort and therefore the property investment is classified as a commercial purchase under HMRC Guidelines.

Are there any exclusions when purchasing via a SIPP?

The property investor is not able to utilise the property for personal gain and is therefore not entitled to the 30 days free usage per year.

Where can I get advice on a SIPP?

Advice on a SIPP must be sought from a pension specialist working for a firm authorised and regulated by the Financial Services Authority.

For more information about SIPP compliant properties, contact International Luxury Real Estate.

Funding your property investment with a SIPP – You can now use your pension funds to invest in an overseas property using a SIPP

Thursday, April 23rd, 2009

A Self Invested Personal Pension, known as a SIPP, is a personal pension for which the person investing for retirement decides what their pension fund is invested in. Traditionally pensions are managed by a pension fund manager who may invest in volatile stocks and shares or boring old cash and the investor has no control or influence on this decision.

Any type of pension can be transferred into a SIPP. For instance, many people have several ‘frozen’ pensions from previous employment or businesses and/or personal pensions that they can transfer.

If an investor already has a SIPP, or once the SIPP has been set up, the investor selects the property they wish the SIPP Trustees to invest in. It is also possible to increase the amount of funds available in a SIPP by borrowing up to a further 50% of the value of the SIPP. For example if a SIPP has funds of £200,000, it can borrow another £100,000 making available £300,000 to invest.

An investor using a SIPP can make further contributions ongoing into their SIPP and is entitled to full tax relief which means that if a 40% tax payer paid in £100,000 it could only cost him £60,000.

Contact International Luxury Real Estate for more info about SIPP property.