Using SIPPS to purchase
The vast majority of the overseas properties we are currently featuring can be purchased using your Self Invested Personal Pension fund (SIPP).
If you have a pension then you can use any of the money you have available to purchase one of these investment properties. All future capital growth and rental income can contribute towards growing your pension, bringing with it outstanding tax advantages. You can also transfer your existing pensions (frozen or personal) into a SIPP giving you a greater investment fund
What is a SIPP?
A SIPP puts you in charge of where your pension is invested. It provides you with far greater flexibility and investment choice than a traditional pension whilst still earning the same tax relief as a normal fund.
SIPPs allow you to invest in a far wider range of assets than a standard pension allowing a more diverse portfolio. Investment areas include:
- Overseas property including hotel room style investments
- Bank deposits
- Bonds
- Shares
- Commercial property
- Unit & investment trusts
- Hedge funds
- Open ended investment companies
- Exchange traded funds
- Foreign currency
- Warrants
Please do note SIPPs are only suitable for individuals that take an active interest in their investments and have the time available to do this on a regular basis.
For more information, please contact us