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 Costa Rica real estate with income that is tax-deferred. That means that many savvy investors can invest their IRA funds in real estate in Costa Rica.
The one exception is that you can't use the Costa Rica property 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 Costa Rican Brokers
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