FACT: you can invest
in residential
property overseas...
. . . and establish your own personal S.I.P.P. with the cost
effective flexibility to acquire further qualifying assets
in addition to the underlying property portfolio. “Welcome to the new world of pensions…a real opportunity to build future income security”.
This investment vehicle provides a unique opportunity to
hold a variety of additional investments creating genuine
diversification with property the underlying asset.
The Chancellor removed direct investment in residential property
as an acceptable S.I.P.P. investment in December 2005, but not
before an increasing appetite from the public had been revealed.
What has not been widely reported is that in March 2006,
residential property was re-instated as an acceptable
S.I.P.P. investment, with all the tax benefits, provided it was
structured as a “Genuinely Diverse Commercial Vehicle”
e.g. a property fund, unit trust or REIT.