Cyprus as an investment is good news these days for capital appreciation. Since joining the European Union in May 2004 the island has opened up to investors and seen prices go up by 30% with high demand for apartments in the Southern part of the island. There is a company to help people to invest in Cyprus using either a UK SIPPS with assistance from the UK government. Advice is required from a financial advisor before this route is used.
Andrew Walters is an acknowledged expert on pensions and in particular can provide advice on the suitability of using a Self Invested Personal Pension Plan (SIPP) to fund the purchase of a property in Cyprus.This is an area that we have had a lot of interest in, but reliable advice and information is hard to come by and so a talk with Andrew is definitely to be recommended, if this is something that you have heard about and would like to find out more.
For starters, if this is a type of transaction that you have not heard of or had not previously considered, here is a brief guide provided to us by Andrew on this topic.
We would like to stress that in providing this information, we are not providing an opinion on this...
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