Investing Your Self Directed IRA or 401K In Philippine Condotel Investment Real Estate

In the year that ended in December, finance and retirement experts say that around 2percent of the nation's $3 trillion in IRA investments are held in real estate and other alternative investment vehicles. Consider investing in Philippine Condotel Investment realty to increase your retirement income.

Beth Collingz, PLC Global Marketing Director for the Lancaster Brand of Condotels in the Philippines she said investing in foreign real estate is not as risky or as tricky as a lot of people would have you believe. While land and housing prices in the U.S. have soared astronomically in the past decade but the global real property market is a different story. You can still purchase a condo unit that was built prior to construction located at Lancaster The Atrium located in Metro Manila, Philippines, for less than $50,000.

Lancaster Manila Atrium Tower A is a Condominium Hotel, a Condotel, that offers Studio, One, Two and Three Bedroom Suites. It is located on Shaw Boulevard in Metro Manila, Philippines. To be completed and open for business in December 10, 2010, the Lancaster Suites Manila Atrium Tower II will provide owners with premier residential condo units that can be having their units enrolled in the Lancaster Condotel Rental Pool and earn Rental check here Incomes [at current levels of purchasebetween 12-16% per year as Owner Non-Residents, when they are not using their units through Condotel Management and reciprocal arrangement with Lancaster Cebu Resort Residences. Lancaster Suites is one of the most sought-after investment options in the Philippines.

The ownership of property in the Philippines has many advantages such as low taxes on property and minimal maintenance costs. Condotel units worth $50,000 could be subject to $200 of taxes per year. Maintenance costs are comparable. If you consider the tax-protected investment status of the investments put into your IRA and the returns of 12-16% from rental income that is derived through the Condotel advantage, you have an incredible return on investment from buying Philippine Condotel investment real estate that is enthused Collingz.

What's the downside for Philippine Condotel Investment realty as an IRA investment? It is not possible to live at the property you invest in as long as your IRA retirement account is titled as the owner of the property. Self-directed IRA rules about benefiting personally from your IRA investments are extremely strict. you cannot take advantage of any property owned by your IRA otherwise you risk losing the status as tax-sheltered and you may face penalties from the IRS. However, you can lease out your IRA investment to generate an income that is steady. You may either transfer the cash flow and profits into an IRA or sell your Philippine Real Estate Investment to generate immediate income with the condition that the IRA retains the profits.

It is worth considering buying Philippine Condotel investment property if you're looking for a distinctive and high-earning investment for your IRA. It can boost the amount of your IRA income.

Global Life Management, Inc., PLC internationals Marketing Partner with a base in the U.S. recently announced its Self Directed IRA Affiliate program available to US purchasers of Lancaster Brand Condo Hotels in the Philippines.

With the impending slowdown of the U.S. housing market and failing pension plans, many investors are turning to using their IRAs to invest in overseas properties, and receive tax-free or tax-deferred income. Self-directed IRAs can be used to invest in Lancaster Suites Atrium Tower preconstruction units.

Preconstruction property is able to appreciate around 20-30% per year. This makes the Real Estate Appreciation attractive. The rental yield is more than what IRAs as well as Pension Plans can offer for the identical investment.

Jeffrey Clarke, President at Global Life Management, a company that focuses on Philippine businesses and investments announcements, has announced that they are now offer an affiliate program to clients who are located in the U.S.

We've found that clients who had previously been unsure and are now extremely interested in using a Self-Directed IRA to purchase a Condo Hotel unit. Jeffrey says that they can get a 20% discount in many cases. They are thrilled to earn rental income tax-free, or tax-deferred, which will help them save tax dollars on capital gains.

Beth Collingz states that many investors are currently looking to replace the failed pension plans as well as other future savings schemes with solid investments in Real Estate. Clients are looking for opportunities that can earn them an income during retirement as an alternative to traditional private pension plans which have not worked. Most company pension plans aren't enough, nor are Government Pensions. The savings rates at banks are at an all-time low. Savvy investors now seek an investment with a good track record that can produce monthly income. Condotels in the Philippines are a good choice.

Condotel Investments offers a high rent return potential between 12%-16% per year. This market is not usually considered by Real Estate Agents and Brokers who often focus on residential buyers but overlook the wider picture of investing, investing, and retirement. "We are here for our clients to inform them and guide them on new investment options. Jeffrey says that self-directed IRAs and Lancaster Suites Atrium Condotels match the ideal description.

GLM is a global consultancy firm that is specialized in educating about emerging options for investing, currencies and self-directed retirement accounts.