Property Abroad
If you’re looking for the next big thing – a pristine island development, conveniently positioned in the path of growth – then welcome to the spectacular allure of the Cayman Islands – The British West Indies.
As a British overseas protectorate with virtually no crime, unemployment, homelessness or poverty, a sophisticated infrastructure, a stable government and a reputation as one of the cleanest and most well connected luxury destinations on the planet “The Cayman Islands”.
We are offering you an exclusive opportunity to purchase upwards of 10,000 square feet of tropical investment land in one of the world’s safest, friendliest and most prestigious locations – The Cayman Islands. Most of Oasis’s freehold plots of investment land are located on or close to the ocean, all zoned for residential development – there really couldn’t be a better time to do business with us.
“Land continues to sell fairly well and there is evidence that the trend is going to accelerate. With the affordable property in Cayman Brac, the Stamp Duty waiver and extra savings on duty free building supplies – now is the time to invest in Cayman Brac”
Please contact us for more information
Source: From Coldwell Bankers 2009 year end review of the Cayman Islands Real Estate Market.
Funding the Purchase of your Oasis Building Plot through a SIPP
This is a guideline intended for potential buyers of Oasis Cayman Islands Building Plots who are interested in purchasing through a SIPP. Oasis are not authorised to give financial advice and to obtain further information about SIPPS you will need to speak to an Independent Financial Advisor.
The Oasis Land Development Limited, Cayman Islands Plots have been approved by one of the UK’s leading SIPP providers as being compliant under the UK allowable pension investment rules.
A self-invested personal pension (or SIPP) can offer property investors a tax efficient way of holding commercial property which includes development land in or outside the UK. A SIPP is a specialist type of registered personal pension which allows the person investing for retirement a wider investment choice than has traditionally been available. A SIPP offers a flexible method of retirement planning for a UK tax payer. It enables pension investments to be selected to suit an individual’s requirements and attitude to investment risk.
Legal ownership of a Cayman Islands building plot purchased through a SIPP will rest with the Trustees of the SIPP. It is important to check that the SIPP provider being utilised permits foreign property purchases.
Once a plot is held through the SIPP any growth will be free of UK capital gains tax and income tax. Contributions to the SIPP are treated for tax purposes in the same as those for personal pension schemes. Individual contributions to the SIPP automatically receive basic rate tax relief whilst higher and additional rate tax payers may be able to claim greater relief.
SIPPs are becoming popular because :-
• they offer a simple structure
• generous tax benefits are available
• they are flexible
• and most people are eligible to invest through a SIPP
Pensions are a complex area and appropriate professional and financial advice should always be taken before investing in a SIPP. Oasis has teamed up with one of the UK’s leading independent wealth management companies who provide specialist advice on pensions and investments. For further details on how to invest in an Oasis Cayman Islands building plot using a SIPP and the fees associated with this please ring +44 (0) 1704 544438 to speak to an independent pension specialist.
An initial set up fee and ongoing annual charges may be associated with management of the SIPP and relevant enquiries should be made of the SIPP provider.
SIPP approval has been granted to the Oasis Cayman Island building plots. Any plot subsequently to be developed for residential purposes would need to be removed from the SIPP before residential building work commences.
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