Life Rich Real Estate Inc. (is not a real estate brokerage) It is a company whose sole focus is educating buyers, sellers and realtors on International real estate. I am proud to say that I am a co-founder of this company.

What do we do?

We hold workshops for buyers contemplating buying off shore and for REALTORS looking for help & information so that they can assist their clients who want to buy International real estate.

We work with developers and perform a due diligence review on their properties before we include them in our portfolio.  We educate them on what a buyer information they should have available for International buyers. The information in our portfolio is is available to clients, their lawyers and advisors.

Life Rich Real Estate Inc. requires that any developer that has their property in our portfolio must provide an EXCLUSIVE money saving offer for our clients – this is in addition to any other incentives they may offer to a client who is buying one of their properties.  These offers include such things as discounts, upgrades, reduced interest rates, travel reimbursement. As these are EXCLUSIVE offers for clients of  Life Rich Real Estate it is essential that you contact us BEFORE  you contact the developer if you wish to benefit!

Upcoming events

We have a number of events coming up that I’d like to draw your attention to:

May 26, 2012 – Americana Resort, Lundy’s Lane, Niagara Falls – 10 a.m. – 5 p.m.  This is advertised as 50+ trade show – any age is welcome.

June 10, 2012 – Toronto - Toronto Womens Expo Days Hotel & Conference Centre, 185 Yorkland Blvd., Toronto, ON.   Life Rich Real Estate Inc. will be an exhibitor at the event and I will be speaking on International Real Estate – where do I start?

June 12, 2012 – Oakville – 6.30 p.m. – 8.30 p.m. At this event we will review Vista Bahia, a development in Costa Rica, and we will discuss how you could use your RRSP to purchase in this development.  This event is being held at a private residence and the address will be sent to you with your confirmation of registration.  If you would like to register for this free event please  click here

November 3, 2012 – Burlington – this is a 50+trade show – 10 a.m. – 5 p.m. Again any age is welcome. The event is being held at the Burlington conference center.

If you are interested in finding out more or need assistance in buying your piece of paradise – please contact us at 1-800-209-3214 or e-mail me

This is a genuine opportunity sponsored by the French government who simply want to increase the number of beds available for its #1 industry: Tourism.

The properties are located in a “Residence de Tourisme” (Tourist Residence) which cater for short and medium term rentals and provide a variety of services usually including reception, breakfast, laundry and linen services, swimming pool, Jacuzzi, sauna, steam room.

They are sold fully furnished and equipped,  ready to rent out.  Financing is available to qualified buyers

The leaseback formula enables you to purchase freehold, a property which you earn a guaranteed rental income from.

During the period you lease back your property to the management company, you have the peace of mind of owning property AND benefiting from a guaranteed income, yet none of the hassle related to renting out and maintaining the property!

This is one of the reasons why the leaseback scheme is so popular. In essence, the management company is your tenant for the duration of the leaseback contract.

The French government agrees to offset the payable VAT (TVA) on the purchase price if an owner agrees to leave his property in the program for 20 years.  This means that you will receive back a sum equivalent to the VAT on the property at the rate of 19.6% on new build property which represents a significant saving on purchase price. This normally takes some months to come through, around 6 months after the delivery. However, under certain conditions, the developer can advance the VAT for clients.

Keep in mind if you want to withdraw from the program after the first lease (usually 11 years) it will be necessary to pay back the VAT on a pro-rated basis & the management company can ask for an indemnity equivalent to twice the last annual rent paid.  As a freehold owner the property can be sold at any time, however, in order to keep the VAT, the property would have to be sold with the remainder of the lease term.

The leaseback “full investment” formula is suited for long term investors. This is an ideal alternative to a traditional bank savings account.

The leaseback program offers both ‘no personal use’ and ‘some personal use’ options – and also the Nomade card which allows owners to use other properties within the system for only 50Euros a week!  There are some restrictions around the time of year that you can use it but at 50 Euros a week for accommodation I think most people are OK with it!

If you would like to find out more please don’t hesitate to contact me – I am the Canadian agent for one of the largest Leaseback developer/builder/managers in France and they have plenty of inventory for you to chose from locations all over France.

Information taken from sources believed reliable but not guaranteed

Back in the mid 1980′s the French Government saw a growing demand for short term accommodations and introduced the Leaseback program to serve two primary purposes:

• Provide short-term Tourist accommodations
• Encourage French people to invest in property as a way to secure their retirement.

The program is called the Leaseback Program – and it is now possible for foreign investors to take advantage of the Leaseback Program.  The Leaseback Program guarantees an investor a specific return on their investment for a period of 9 years (open to renewal).  There are a number of other benefits so please contact me for more information.

Most of the leaseback developments are found in locations popular with Tourists e.g. Paris, Alps ski area, Normandy Coast, the Pyrenees and even on St. Martin in the Caribbean.

There is something is just about everyone’s price range, financing is available

For more information on the French Leaseback program please contact me by which ever method is most convenient for you:

Direct:  1-800-209-3214,

SKYPE: suecolemaninternational

E-mail