Using a UK pension - SIPP (Self Invested Personal Pension).
Leading pension and investment experts will give you the help and information you need to guide you through your options. They will assess your current funds and then deal with transferring any “frozen” pensions from previous employment, businesses and/or funds from other personal pensions. All you have to do is select the property you want in your pension fund. You can also “club” together with other investors to jointly purchase one, or several, of our properties.
Contributions into a SIPP attract relief at an individual’s highest rate of tax. If a higher rate taxpayer wished to invest £100,000, it would only cost them £60,000 after receiving all of their tax relief.
A SIPP is also able to borrow money against its assets. As much as 50% of the net value of a SIPP can be borrowed to increase the funds for your property investment. So, as an example, a fund that has a value of £150,000 can be increased by 50% or £75,000 to make a total fund of £225,000 available to invest in property.
If you are looking for Cape Verde Property For Sale By Owner, or general international Real Estate For Sale for sale and for rent start your search by looking in the Cape Verde Real Estate For sale section of this Directory.
