Ceerob
May 10, 2024, 1:54am
1
Looking to buy in Obidos for our GV. I’d like to use my self directed IRA to fund it. Do I need US legal help to do this? Any lawyers experienced in this route?
CTC
May 10, 2024, 11:23am
2
There’s some good information on this in these threads:
Anyone here complete an investment and / or research the option of investing in multiple qualifying VC or PE funds that add up to 350,000 euros? (To decrease risk). One of the fund managers I spoke with said that it is possible, but more paperwork (how much I don’t know).
Also, I’m pretty far along on researching all the ins and outs of the investment via IRA (via checkbook IRA llc) – one of the funds I spoke with confirmed one of their investors has done this successfully but he didn’t know th…
and
U.S. citizen here, very interested in Portugal’s ‘Golden Visa’ by investment program. I have a SEP-IRA account (Self-Employed). Here’s my plan:
Roll SEP-IRA to Self-Directed IRA
Invest the Self-Directed IRA into the 350,000e investment fund option
Leave it there until we achieve Portuguese citizenship
I foresee two things I need to verify:
from the American side, I need to make sure investing in a Portuguese investment fund isn’t a prohibited transaction that would cancel my IRA’s tax-she…