News
Three is the magic number for Project Greengold investors
14 December 2007
movewithus has launched a third opportunity to invest in its phenomenally popular Project Greengold in Argentina. In addition to the same great benefits as before, clients will now be able to invest and receive returns in either pounds sterling or US dollars. Various other means of investment are also available including the use of self-invested personal pensions (SIPPs), the Government’s pension saving scheme with tax breaks.
Project Greengold is an Argentinean arable farmland investment with a difference. Clients will receive a 75% return on their initial investment of £20,000/$40,000. Once the funds are transferred, clients can sit back and let their investment work for them. They receive an annual payment of 10% with the option of withdrawing after five years with a capital appreciation of 25%.
The land is used to grow wheat, barley and soy – the main ingredient in the production of bio-fuels and other soft commodities. Investors are fully aware of the growing demand for renewable energies and food in the world.
Robin King, movewithus investor director, said; “We believe that land is the number one investment on the market today. With the current uncertainty of the global financial and property markets, the acquisition of land is one of the most secure alternatives available. Project Greengold has really struck a chord with investors due to its simplicity and profitability.”
The investment has certainly proved popular with those looking to save for retirement. SIPPs have become a savings sensation, but they have their limitations. They can only be used to invest in certain ventures, one of which is arable land, making Project Greengold the perfect choice.
In comparison with a lot of other property investments, there are no ongoing costs for managing the property or for upkeep and furnishing. The investment is managed by a UK-based overseas financial specialist ensuring that the investor is not inconvenienced by scores of administration and paperwork.
Robin King added: “We are delighted that we can now offer investors the opportunity to invest in either sterling or US dollars - ideal for those who want to avoid any currency risk. We already have a number of clients waiting because they missed out on the second phase.”
Since its introduction, Project Greengold has attracted interest from all around the world and especially appeals to those looking for a secure and lucrative proposition, with the minimum of hassle.
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