FREQUENTLY ASKED QUESTIONS
Please see our list of Frequently Asked Questions below.
Just click on the links to find out more. If you have any additional questions, please don't hesitate to contact us.
WHAT IS THE CURRENT ZONING (CLASSIFICATION) OF THE LAND?
WHAT ABOUT TAXES AND FEES?
WHAT IS THE EXPECTED CAPITAL GAIN?
WHAT IS THE EXIT STRATEGY?
WHAT ABOUT SIPPS?
WHEN WAS THE LAND IN NOVA SCOTIA, CANADA PURCHASED?
The land in Nova Scotia, Canada was purchased in 2007. Terra Firma, the development company had exercised extensive due diligence and optioned several potential sites in the Halifax area before deciding that the 1000+ acre site had the greatest possibility for changing the zoning and achieving planning permission to develop Forest Lakes Country Club.
WHAT IS THE CURRENT ZONING (CLASSIFICATION) OF THE LAND?
Currently the site is undeveloped. The land was rezoned in June 2008 to permit a 'Resort Development' with many amenities including an 18-hole golf course, luxury boutique hotel, international conference centre plus a broad mix of residential housing on a variety of plot sizes and complimentary commercial outlets.
The Development Agreement i.e. planning permission for the Resort was achieved in August 2011.
WHAT ABOUT TAXES AND FEES?
The price of the land includes all taxes and fees.
WHAT IS THE EXPECTED CAPITAL GAIN?
WHAT IS THE EXIT STRATEGY?
There are multiple ways to exit the investment. For more details, please click here to contact us or request a call back.
WHAT ABOUT SIPPS?
If you are a UK resident, you can place this investment in a SIPP with all the associated tax benefits. Click here for more information on SIPPs