|tcorbs|| Invest in a Luxury Property, a Decision That Makes Both Business and Personal Sense|
Posted: 2009-04-07 11:57:54, Edited: 2009-04-07 11:58:18
Invest in a Luxury Property, a Decision That Makes Both Business and Personal Sense
If you own a luxury vehicle and you make good decisions that add value to you and your familyís well-being, then this article is for you.
Sometimes we make purchases for emotional reasons, such as a luxury automobile. It gives us a feeling that our life is good, that we have made right decisions along the way and we deserve the fruits of our labor. In a similar vein, we make good business decisions based on logic to ensure our investments will bear fruit. When we have made the right business and investment decisions, it allows us the right to make the emotional decision to purchase a luxury vehicle, or a bigger home, boat, or holiday property, and very few can argue with that logic.
What if you were presented with an opportunity to make a business decision that also involves a well being component which would give you both emotional satisfaction and the rewards of a good business decision?
From a business perspective, to invest in a luxury property in the Caribbean offers the opportunity for tax free rental income and use of the property along with its myriad facilities whenever you and/or your family need a getaway. From an estate planning perspective, because your luxury property is in a tax free zone, there are no taxes to pay on the rental income or when you sell or transfer the property to your heirs.
From an emotional perspective, you have a luxury property in a gated community, on a hilltop, looking down on the Caribbean Sea. With full use of the white sandy beaches, close to major shopping, deep sea fishing, scuba diving, snorkeling, and a casino nearby. A lifestyle most people only dream of but you have earned the right and deserve the best.
Now that costs are down, you will possibly be able to obtain full value for 80 cents on the dollar and earn an ROI of between 5% and 10% tax-free on the Island. It isnít very often that something comes along that makes both business and personal sense. You owe it to yourself to get the facts and find out more.
Check out the breathtaking ocean view in a gated community on Great Exuma Island in the Bahamas (just south of Nassau). http://www.oceaniaheights.com Oceania Heights: Real Estate in the Bahamas
Ken Campbell is Real Estate Representative with a focus on Mergers and Acquisitions. He also does Canadian Tax Preparation which ensures his clients are able to synergies their investments with tax minimization strategies.