Cape Verde Islands

Self Invested Pension Plan - Using Your SIPP to purchase property in Cape Verde

Self Invested Pension Plan - Here is how to use your SIPP to invest in property in Cape Verde which is much easier than you think

Within Beach Resort, Cape Verde, you can fund your purchase with your pension using a Self Invested Personal Pension. This not only offers incredible tax advantages but also puts you in control of how your pension is invested for the future.

Beach Resort, Cape Verde have partnered with some of the UK’s leading pension and investment experts to 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.

As with any other investment with the Beach Resort, Cape Verde, the property purchased by your pension will benefit from future capital growth and rental income from participation in the Hotel Managed Rental scheme. This is the easy way of putting your property in the experienced and professional hands of our five star hotel partner and world-leading resort operator.

To find out more about investing in property through a Self Invested Personal Pension complete an enquiry form and will arrange for an independent pensions expert to provide an initial assessment at no cost to you.