Jul
11
2009
Our company’s current view on the market is one of opportunity.Costa Rica as you are probably aware is a big Brand world wide and one of the leading destinations for retiring Americans. With all the uneasiness in the USA, and 70,000,000 Baby Boomers poised and ready to retire, we are going to benefit greatly from this. Americans like the lower cost of living, great health care, peaceful democracy, the climate, and proximity to the USA.
We have just experienced the first drop in pricing in Real Estate in over 20 years which makes this an opportunistic time frame.
Whether you are a beach or inland person, one can now capitalize on what was once described as “I wish I had bought 4 years ago” attitude. Now you can.
A lot of what is contributing to the decline in pricing is the north American that bought a couple of years back with his equity line and is now faced with his USA home value as low as 50% and a Bank breathing down his neck. This is not an uncommon find today even with Investment Condos.
Costa Rica can help you get the IRA back on track and fast. People are leaving the market in great numbers. Good financial planners have a very low percentage of portfolios in stocks. For people retiring 2 to 10 years out, using your IRA smartly can be the best thing you can do.One of the best hedges against dollar and inflation today is Costa Rica Real Estate. Given the sheer number of Baby Boomers alone, with an eye to lowering costs, living in a nice climate and peaceful country, it is a no brainer. If you buy a property today with your IRA and hold it through the onslaught of the Baby Boomer explosion it will have a profound gain by sheer pressure, not to mention the income during the time you hold it.
Read all about the use of self directed IRA in Costa Rica and get checkbook control of it.
There are also some fine land opportunities that relate to the eminent growth forecasted above. We have seen some discounting that has never been experienced here before.
Costa Rica Retirement Vacation Properties has strived to always be ahead of the curve for Retirement or Investment properties. We feel this is a scenario one should study carefully as it has all the earmarks of successful investing.
Call us toll free at 1 888 581 1786 and ask for the IRA center. Also, look into our IRA Web-Meetings program that has you front and center in your own living room.
Leave a Reply
