| As of last year, finance and retirement experts | | | | investment for your IRA, then take a serious look at |
| suggest that approximately 2% of the nations $3 trillion | | | | owning Philippine Condotel investment real estate. It |
| in IRA investment is stashed in real estate and other | | | | can help kick your IRA earnings into high gear. |
| non-traditional investment vehicles. If you're considering | | | | Global Life Management, Inc., PLC Internationals |
| using your IRA savings to invest in real estate, there | | | | Marketing Partner based in the U.S recently announced |
| are some excellent reasons that you should choose | | | | its Self-Directed IRA Affiliate Program Available to US |
| Philippine Condotel Investment real estate to drive your | | | | buyers of the Lancaster Brand of Condo Hotels in the |
| retirement portfolio into high profit margins. | | | | Philippines. |
| Beth Collingz, PLC Global Marketing Director for the | | | | With the impending slowdown of the U.S. housing |
| Lancaster Brand of Condotels in the Philippines, said | | | | market and failing pension plans, many investors are |
| Investing in foreign real estate is neither as risky nor as | | | | turning to using their IRAs to invest in overseas |
| tricky as a lot of people would have you believe. While | | | | properties and earn tax-free or tax-deferred income. |
| land and housing prices in the U.S. have soared | | | | This creates an outstanding opportunity for by offering |
| astronomically in the past decade, the world real | | | | self-directed IRAs to invest in the Lancaster Suites |
| estate market is a far different story. It's still possible to | | | | Atrium Tower preconstruction units. |
| buy a preconstruction Condotel suite at Lancaster The | | | | With preconstruction property appreciating at some |
| Atrium located in Metro Manila, Philippines, for less than | | | | 20-30% per annum not only does the Real Estate |
| $50,000. | | | | Appreciation look good but the rental income is in |
| Lancaster Manila Atrium Tower A, Shaw Boulevard, | | | | excess of what many IRA and Pension Plans offer |
| Metro Manila, Philippines is a "Full Service" Condominium | | | | for the same or similar investment. |
| Hotel ["Condotel"] offering Studio, One, Two and Three | | | | Jeffrey Clarke, President of Global Life Management, a |
| Bedroom Suites for sale. To be completed and ready | | | | company specializing in Philippine businesses and |
| for turnover from December 2010, the Lancaster | | | | investments, is now offering its affiliate program to |
| Suites Manila Atrium Tower II will provide unit owners | | | | interested clients based in the U.S, announced that We |
| with premier residential condo units with the option of | | | | handle all the paperwork, answer any client questions |
| enrolling their units in the Lancaster Condotel Rental | | | | and can even setup a LLC driven IRA with checkbook |
| Pool and earn Rental Incomes [at current purchase | | | | control all for a price $1,775 less expensive than our |
| levels] of some 12-16% ROI per annum as Owner | | | | major competitors. |
| Non-Residents when not using their units through | | | | We're finding clients, who previously were undecided, |
| Condotel Management and reciprocal arrangement | | | | are now very interested in using a Self-Directed IRA |
| with Lancaster Cebu Resort Residences. This makes | | | | to purchase a Condo Hotel unit. Not only can they |
| Lancaster Suites one of the Hottest Investment | | | | qualify for the 20% discount, in many cases, but they |
| Opportunities in the Philippines. | | | | are excited to learn they can earn rental income |
| The beauty of holding property in the Philippines is the | | | | tax-free or tax-deferred, saving them tax dollars on |
| low cost of property taxes and maintenance. A | | | | capital gains; says Jeffrey. |
| $50,000 Condotel suite may set you back $200 in | | | | Beth Collingz says that many new investors are |
| property taxes per year, and maintenance costs are | | | | looking to replace failed pension plans and other future |
| similarly low. When you add in the tax-protected status | | | | saving schemes with a solid investment in Real Estate. |
| of investments made in your IRA, and the 12-16% | | | | Clients are looking for investments that will give them |
| returns through rental income through the Condotel | | | | an income for retirement as an alternative to traditional |
| advantage, you have an incredible ROI on a purchase | | | | private pension plans that have failed. Most company |
| of Philippine Condotel investment real estate" enthused | | | | pension plans are insufficient as are Government |
| Collingz. | | | | Pensions. Bank rates for Savings accounts are at |
| What's the downside about owning Philippine Condotel | | | | record lows. Savvy investors are now looking for a |
| Investment real estate as an IRA investment? You | | | | more solid investment with potential for monthly |
| cannot reside at your investment property as long as | | | | income. Condotels in the Philippines fit the bill |
| the IRA retirement account is titled as the owner of | | | | This potential, high rates of rental returns from |
| the property. The self directed IRA rules about | | | | Condotel Investments, currently from 12% up to 16% |
| benefiting personally from your IRA investments are | | | | per annum, opens up a huge market not traditionally |
| strict - you are not allowed to make use of any | | | | looked at by Real Estate Agents and Brokers whom |
| property owned by your IRA, or you risk losing its | | | | all so often run around looking for normal residential |
| tax-protected status and worse yet you could face | | | | profile buyers without looking at the by far bigger |
| penalties from the IRS. You can, however, rent out | | | | picture of investments, investing and retirement. "We're |
| your IRA investment for steady income - putting the | | | | here to help our clients, educating our clients and |
| profits and cash flow into your IRA, or sell your | | | | advising them of emerging investment opportunities. |
| Philippine Real Estate Investment for immediate profit, | | | | Self-Directed IRAs and the Lancaster Suites Atrium |
| as long as those profits remain inside the IRA. | | | | Condotels, fit this bill exactly; adds Jeffrey. |
| If you're looking for an unusual and high earning | | | | |