It Can Help Kick Your SIPP Earnings Into High Gear

Category: Finance, Real Estate.

Beth Collingz, PLC International Marketing Director for Pacific Concord Properties Lancaster Brand of Condotels in the Philippines in a Press Conference with International Investors from the United Kingdom held recently at Shangri- La Mactan Resort Hotel in Cebu, reckoned- "Thousands of people in the UK are beginning to catch on" A Self Invested Pension Plan[ SIPP] is a personal pension plan but with one very significant difference: administration is separate from investment content, giving the plan holder freedom to choose for himself and change the investments within it. The Guidance Notes confirm that the Chancellor is permitting Self Invested Pension Plan[ SIPP] holders to invest in hotels such as the Lancaster Brand of Condo Hotels in the Philippines.

The long- awaited rules on what savers can include in their personal pension plans were unveiled in April 2006 by HM Revenue& Customs. The only stipulation is that SIPP holders may not stay in their rooms. It is estimated there are now more than 70, 000 plans holding over �14bn. With more nights available for paying guests, this not surprisingly increases the room owners returns. A year or so ago, few people in the UK realized that they could manage their Pension Plan portfolios themselves, and even fewer knew that they could invest their SIPP retirement money in homes in the sun which now prove to be among the most popular potential investments to include in a SIPP. The Philippines is ideal for this type of investment because a SIPP can establish title to a property in a country whose legal framework recognizes trusts and a SIPP is simply another form of trust. If you re considering using your SIPP to invest in real estate, there are some excellent reasons that you should choose Philippine Condotel Investment real estate to drive your retirement portfolio into high profit margins.

Investing in foreign real estate is neither as risky nor as tricky as a lot of people would have you believe. K. have soared astronomically in the past decade, the world real estate market is a far different story. While land and housing prices in the U. It s still possible to buy a preconstruction Condotel suite at Lancaster The Atrium located in Metro Manila, for less than, Philippines GBP �25, 0000. To be completed and ready for turnover from December 2010, the Lancaster Suites Manila Atrium Tower II will provide unit owners with premier residential condo units with the option of enrolling their units in the Lancaster Condotel Rental Pool and earn Rental Incomes[ at current purchase levels] of some 8- 16% ROI per annum as Owner Non- Residents when not using their units through Condotel Management. Lancaster Manila Atrium Tower A, Metro Manila, Shaw Boulevard, Philippines is a" Full Service" Condominium Hotel[ "Condotel" ] offering Studio, Two and Three, One Bedroom Suites for sale.

This makes Lancaster Suites one of the Hottest Investment Opportunities in the Philippines. A GBP �25, 000 Condotel suite may set you back GBP �100 in property taxes per year, and maintenance costs are similarly low. The beauty of holding property in the Philippines is the low cost of property taxes and maintenance. When you add in the tax- protected status of investments made in your IRA, and the 12- 16% returns through rental income through the Condotel advantage, you have an incredible ROI on a purchase of Philippine Condotel investment real estate enthused Collingz. You cannot reside at your investment property as long as the SIPP is titled as the owner of the property. What s the downside about owning Philippine Condotel Investment real estate as an SIPP investment?

The self directed pension plan rules about benefiting personally from your investments are strict- you are not allowed to make use of any property owned by your SIPP, or you risk losing its tax- protected status and worse yet you could face penalties from HM Customs& Excise. If you re looking for an unusual and high earning investment for your SIPP, then take a serious look at owning Philippine Condotel investment real estate. You can, rent out your, however SIPP investment for steady income- putting the profits and cash flow into your SIPP, or sell your Philippine Real Estate Investment for immediate profit, as long as those profits remain inside the SIPP. It can help kick your SIPP earnings into high gear. This creates an outstanding opportunity for by offering self- directed pension plan vehicle to invest in the Lancaster Suites Atrium Tower preconstruction units. With the impending slowdown of the UK. housing market and failing pension plans, many investors are turning to using their SIPP s to invest in overseas properties and earn tax- free or tax- deferred income.

With preconstruction property appreciating at some 20- 30% per annum not only does the Real Estate Appreciation look good but the rental income is in excess of what many Pension Plans offer for the same or similar investment. Clients are looking for investments that will give them an income for retirement as an alternative to traditional private pension plans that have failed. Beth Collingz says that many new investors are looking to replace failed pension plans and other future saving schemes with a solid investment in Real Estate. Most company pension plans are insufficient as are Government Pensions. Savvy investors are now looking for a more solid investment with potential for monthly income. Bank rates for Savings accounts are at record lows.

Condotels in the Philippines fit the bill. Self- Invested Pension Plans and the Lancaster Suites Atrium Condotels, fit this bill exactly. This potential, high rates of rental returns from Condotel Investments, currently from 8% up to 16% per annum, opens up a huge market not traditionally looked at by Real Estate Agents and Brokers whom all so often run around looking for normal residential profile buyers without looking at the by far bigger picture of investments, investing and retirement. "We re here to help our clients, educating our clients and advising them of emerging investment opportunities. Adds Collingz

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