hi all
i received a prospectus stating that for a €7500 investment i can purchase 0.25 acre with 650 nordmann fir trees which then sell at a guaranteed €23 a tree. This gives you a net return of €14950 after a period of 5 years.
All the forestry is based in the uk and is managed by walker forestry ltd.
When you invest - your funds pay for the preparation, establishment,
reporting, harvesting and sale of your forestry assets. The farm
management team in the UK (Walker Forestry Services Ltd) manages
the maintenance and security of your trees on a daily basis until
maturity.
The €23 selling price is after the costs of "rearing" the tree. The tree crop is insured against fire, explosion, pest etcetc.
One of the key points in the prospectus is how brexit will be a benefit as import tariffs to the uk and delays at ports etc will push up the price of european wholesale xmas trees and 5.6million nordmann fir trees were sold in the uk alone last year.
What do you guys think? Its money that i have and am willing to invest but is this the best approach?
How would this be treated tax wise as its will be an outside of the eurozone asset in 5 years time?
The scheme seems to be offering 19.9% growth per year.........seems too good to be true?
i received a prospectus stating that for a €7500 investment i can purchase 0.25 acre with 650 nordmann fir trees which then sell at a guaranteed €23 a tree. This gives you a net return of €14950 after a period of 5 years.
All the forestry is based in the uk and is managed by walker forestry ltd.
When you invest - your funds pay for the preparation, establishment,
reporting, harvesting and sale of your forestry assets. The farm
management team in the UK (Walker Forestry Services Ltd) manages
the maintenance and security of your trees on a daily basis until
maturity.
The €23 selling price is after the costs of "rearing" the tree. The tree crop is insured against fire, explosion, pest etcetc.
One of the key points in the prospectus is how brexit will be a benefit as import tariffs to the uk and delays at ports etc will push up the price of european wholesale xmas trees and 5.6million nordmann fir trees were sold in the uk alone last year.
What do you guys think? Its money that i have and am willing to invest but is this the best approach?
How would this be treated tax wise as its will be an outside of the eurozone asset in 5 years time?
The scheme seems to be offering 19.9% growth per year.........seems too good to be true?
