Invest Money in Costa Rica Real Estate Using your IRA or 401K

Written by Michael Simons on . Posted in Buying and Selling Property in Costa Rica, FAQ's, Investing in Costa Rica

IRA or 401K to Invest in Costa Rica

Did you know you can invest money in Costa Rica real estate using your IRA or 401K?

With the stock market at an all time high, and the uncertainty of it’s stability, many people are looking to diversify their portfolio and invest in Hard Assets outside the USA. What better place than paradise?  What your financial adviser or planner may not divulge to you is that you can utilize your IRA/401k/Retirement funds to invest in real estate in Costa Rica.  Why is this?

Invest money in Costa Rica with this oceanview home

The financial services industry in its current state is not given the incentive to offer real estate investment opportunities.  However, there is a growing demand for these alternative investments and millions of Americans have become disenchanted with the returns in their current portfolios.  With these growing economic concerns, we have a solution that will allow you to avoid stock market risk and invest in hard assets, such as real estate and other real estate based assets, here in Latin America. 

Currently there is over $15 Trillion in IRA’s and 401ks in the USA.  With the National Debt at record highs, I think in the near future the government will force these IRA’s to invest in US treasuries and bonds to help pay off this debt, whether you like it or not.  I think it is imperative that every individual moves a percentage of their net worth out of their home country and into safe foreign investments like real estate in Costa Rica. 

Many of my clients have used a Self Directed IRA to invest money in Costa Rica property.  There are many companies that can assist you with a Self Directed IRA. Ask your financial advisors.  If you would like, we can introduce you to some who have helped many of our previous clients obtain a little piece of paradise.

The process is simple.

You will contact the IRA company that you choose, and they will start the paperwork for the SELF DIRECTED IRA.  You will open a USA LLC under the name of the IRA.  Once the LLC is formed, it only takes a couple weeks in the USA, you will open a bank account under that LLC name.  Then the IRA company will take the money from your 401k or wherever it is, and move it to their IRA company account.  They will then turn around and fund it to your LLC bank account.  You will then wire the money to the Costa Rican Escrow company and you will close on the property.

Scott Oliver from WeLoveCostaRica.com Guest Blog

Written by Michael Simons on . Posted in Buying and Selling Property in Costa Rica, Investing in Costa Rica

DWest Select 027
The Four Seasons Property in Costa Rica.

Profitable Costa Rica Real Estate Investments. Invest with the best in the path of progress in the Papagayo Region of Costa Rica.

Scott Oliver – Founder of WeLoveCostaRica.com 

Where to invest? How much to invest? For how long? What’s the risk? How easy is it to sell? Who can I trust to guide me along the way?

These questions are asked a hundred times per day in dozens of languages by investors all over the globe, and after looking at the poor state of various stock markets around the world, our real estate investor clients are more enthusiastic than ever about in investing offshore in Costa Rica real estate.

When you are considering investing in something new, you naturally tend to be more cautious. But after you have proven to yourself that you have a profitable strategy and that you are working with trusted advisors in a profitable niche, you are able to make quicker decisions on additional investments.

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