Foreign Investing
Allow Your Retirement Investments To Travel The Globe
It’s time to consider your future; do you know where your retirement investments are right now?
If, like many, you have invested in a 401K or traditional Individual Retirement Account, you may have a general idea as to their direction, and chances are they are probably in the United States. There is nothing wrong with that, but ours is a large world, and there are many investment opportunities outside of the United States, especially in the arena of real estate.
If you think that investing in real estate through an IRA is either illegal or complex, you may not be aware of managed opportunities for such ventures, which are perfectly legitimate and have well researched structures and guidelines already in place.
Basically, it works like this: Your funds are placed in what is termed a Self Directed IRA. Professional Financial, Legal and Real Estate advisors assist you in the creation of a Limited Liability Company, which is considered independently owned. As such, it can thereby invest in a large variety of projects while still offering you protection from personal liability. You, being the owner of a truly Self-Directed IRA, will direct a portion of your funds into non-traditional investment avenues, with the remainder going into more traditional vehicles. With this structure, you will know just how, when and where your money is being utilized, and under the guidance of professionals, will have mechanisms in place for “hands on” maintenance and details of your assets or real estate ownership. With property values rising in conjunction with new construction opportunities-especially in rapidly expanding areas -it makes sense to use money to make money. Where else better to do so than in parts of the world currently looking for foreign investors?
Mexico Real Estate Opportunity
For example, everyone is aware that Mexico, besides being a close foreign neighbor and a beautiful vacation spot, has seen unbelievable growth in the tourist industry in the last 20 years. Almost everyone has either visited Cancun or knows someone who has. Packages have visitors staying at the myriad of oceanfront hotels specifically built for large numbers of guests, and still more are in the process of construction. Some of the money invested in hotel real estate, marina construction, and related travel needs could be from your investment dollars. It does not appear that the public is tiring of visiting Mexico, so the future of investing there looks bright!Costa Rica Properties
Or, consider another popular place-Costa Rica, which is considered #2 in the vacation destinations of Latin America and the Caribbean, according to a report from the World Economic Forum. Many businesses hold conventions both in and outside of San Jose, since Cost Rica is known as having the one of the most advanced technical and telecommunications systems in Latin America. With this benefit, and the fact that there is a demand for luxury resorts to serve this market, anyone can see that there are money making opportunities with the right research and a comprehensive plan.Dominican Republic Real Estate
Dominican Republic real estate appears to be another profitable venture right now; your investments in this country will be on the bandwagon of Santo Domingo’s spurt in tourism. Construction of new resorts and facilities to accommodate increased guests and cruise ship visitors is on the rise, along with other restoration projects. Renovation efforts in any area can always use investors!
Considering foreign real estate for your retirement account may not appeal to some investors, but there are many advantages. First is the fact that traditional IRAs do not allow savings to be invested in what is termed “prohibitive transactions”. This negates many of the opportunities connected with investing in personal collections, businesses owned by you or family members, and most real estate scenarios. These can only be realized from non-traditional investing through a Limited Liability Company of a Self-Directed IRA. It is true that 401K plans offer great benefits, such as matched contributions, roll-over options, and fewer prohibitive transactions, but a truly Self-Directed IRA LLC stands above the crowd of other retirement structures when it comes to investing in an exotic location where you can also enjoy taking vacations!
If the idea of using your savings in a place other than where you’ve earned them seems a bit unpatriotic, keep in mind that global economy affects everyone. While allowing your money to boost the economy in areas that could desperately use help, you’re also investing in our world’s future. With the earth seemingly getting smaller each day from internet, technology and communication advances, dollars invested in the next county easily return to its originating point in any number of forms. There is inter-connectedness among all people, and what allows your savings to prosper also permits other economies to grow.
If you want to enjoy more flexibility in your investment direction, and you believe that a professional team of experts will increase your chances of greater return and stability, consider the non-traditional alternative of international real estate opportunities associated with a Self-Directed IRA.
Be sure to give us a call at 888-683-5228 so we can help you get started today.
