Setting up own "pension fund" for Rentista status

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amigorick
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Location: Iquitos, Perú

Setting up own "pension fund" for Rentista status

Postby amigorick » Wed Sep 04, 2013 12:28 pm

craig wrote:People on this list have set up their own "pension fund" and paid themselves money for a few months to get the visa.


I've never heard of setting up your own "pension fund" as a way to obtain Rentista status and I'm curious about this option. I'm am not currently old enough for Social Security monthly payments, but do have savings and a IRA that has more than enough to cover $1000/mo for the rest of my life (I also own a home in Peru). Does anyone have direct experience setting up your own "pension fund" (not an annuity through an insurance company)?


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americorps
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Re: Setting up own "pension fund" for Rentista status

Postby americorps » Wed Sep 04, 2013 4:04 pm

expats do that all the time.

A good financial advisor can help.

Jamie Tunstall is good and is in Lima.

Generally they are set up through a bank in the isle of man, jersey or guernsey. You can go a less secure route like a panama bank or a bahamas bank, but I prefer the stability of the british isles.

His contact info is:

Jamie Tunstall

[email protected]

Canaval y Moreyra 328. San Isidro. Lima

Tel: +(51) 3723612

http://p3wi.com/index.php/about-us

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