Want to purchase a villa or apartment in a resort hotel in the Caribbean with your pension fund?
We are delighted to announce the news that we can now offer the purchase of resort hotel properties through a Self Invested Personal Pension (SIPP). Over the last few years many of our investors have asked us about using their pension funds to invest into overseas resort hotel property. We have been looking for a dynamic solution that is both legally and regulatory robust. We have found that solution.
You may be able to use your existing pension funds to invest into a villa or apartment in a resort hotel.
What are the benefits?
- Unique opportunity to self invest in a resort hotel using existing pension funds via a SIPP
- No requirement for cash investment
- Tax Relief on eligible contributions at your highest rate, max 40%
- No Capital Gains Tax on property investments within a SIPP
- No Income Tax on property investments within a SIPP
- No dividends to be taxed on property investments in a SIPP
- Potential Inheritance Tax benefits
- Pre-agreed limited liability lending
Want to find out more? Register your interest by completing the form below
After extensive research and consultation within the industry, we have selected the best and most suitable companies for this service to our clients.
This is a fantastic opportunity for you to invest in a luxury Apartment Cabana or Villa in the Caribbean.
Funding your Investment with a SIPP
You can now use your pension funds to invest in a Harlequin Property using a SIPP.
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. This is a complex area and it does
need professional advice. Harlequin have teamed up with one of the UK’s
leading independent wealth management companies which specialises in pensions
and investments. They will carry out an initial review completely free of
charge for potential investors to assess whether their existing pension plans
may be transferred into a SIPP.
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 its value. 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.
For further details please contact us on 01923248177 and
we will be happy to introduce you to an independent pension specialist.