A record high stock market in the U.S. exposes the suckers! Don't be one of them. Diversify your IRA offshore as soon as possible. This article offers statistical proof that you should diversify your IRA abroad. U.S. returns over the next 10 years will wipe out your retirement account.
Tired of the anemic earnings your IRA pulls in? Had enough of the fees, limited investment options and poor service of your retirement account provider? Move your account offshore to maximize returns, cut fees, and out of the reach of creditors or prying eyes with an offshore IRA LLC.
You can eliminate most account fees, diversify your investments outside of the United States, maximize asset protection, and take immediate control over your retirement account by moving it in to an offshore IRA LLC. The process is simple, we take care of the paperwork for you, and you gain complete control over your account and investments.
Here’s how the offshore IRA LLC works:
So often a client walks through my door to discuss trusts, corporations, family limited partnerships and/or other structures designed to protect their wealth. Structures are very important, but structures alone cannot do the job in a one-size-fits-all approach to asset protection. While an international trust may be just what the doctor ordered for protecting a surgeon's life savings, the same structure will do very little to help a commercial real estate developer operating in litigious North America.
The structure is only part of the equation, while the investment class is the other part. You need to put both parts of the puzzle together in a coherent fashion to truly protect and grow your wealth.
Editor's Note: Last month, international business attorney Joel Nagel listed the first 10 of 20 questions he is frequently asked about international investments by IRAs. This month, he completes that list.
Since 1975 when the first IRA account was opened, investing in real estate, and indeed, even foreign real estate was a distinct possibility. The problem was, most of us were never informed by our broker or financial advisor, as they often had competing financial products they wanted to offer in our retirement plans.
But now you know better; as long as the investment is titled and held according to the IRS guidelines, and there is no personal use or prohibited transactions, you may own investment real estate in your self-directed IRA, both in the USA and elsewhere. Better yet, with a Roth IRA, the possibilities may be better than ever.
