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Member name: www.costaricanbrokers.com
From: Costa Rica
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Joined: Sun Apr 29 17:37:08 2007
Profile updated: Sun Apr 29 17:37:08 2007

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Your IRA CAN buy real estate in Costa Rica

If you are looking at real estate overseas, or for a way to get better returns in your IRA, here is little secret your stock broker will never tell you about... The IRS lets you purchase real estate Costa Rica with income that is tax-deferred. That means that many savvy investors are investing their IRA funds in real estate in Costa Rica. The one exception is that you can't use the Costa Rica real estate in your IRA as your residence or vacation home, if you are under 59 & 1/2. Your IRA custodian must actually buy the real estate you are investing in. For more info go to http://www.costaricanbrokers.com

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    Costa Rican Embassy in USA. Embassy Contacts:
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    U.S. Citizen Services U.S. State Department "Travel Warnings" for Costa Rica

    Keep this min mind... . Some people like to call Costa Rica various things like Puerto Rico or Costa Rico. Costa Rica translates to "Rich Coast"... check out Costa Rica. Costa Rica is also two words, not one, ie: Costarica or CostaRico. San Jose is the capitol city of Costa Rica. The San Jose International Aiport (SJO) is really located in Alajuela, Costa Rica (about 15 km from the Capital San Jose).


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