Major boost for Irish investors as French leasback properties become pensionable
• Secure leaseback investment offers strong income stream in retirement
• Any income generated by the pension is tax-free
• No capital gains tax payable after 15 years
For the first time, Irish investors can place French leaseback properties into their pensions, whether small self-administered schemes, PRSAs (personal retirement savings accounts), Approved Retirement Funds, or company, executive and personal pension plans.
This significant new development brings considerable tax advantages to an already secure, long-term retirement planning product. For many Irish investors, it will be a welcome alternative to volatile stockmarket investments and increasingly expensive annuities.