Troy Ounce – A unit of weight for Precious Metals.
One troy ounce equals 32.15 grams.

Precious Metals Offshore IRA

page-offshore-iraPMI is pleased to offer clients with the opportunity to establish a Self-Directed Precious Metals Individual Retirement Account (IRA) with New Direction IRA Inc. Self-directed IRAs have existed since the inception of the Traditional IRA in the mid-1970s. The IRS has always allowed IRAs to purchase any asset except life insurance and collectibles

PMI and New Direction IRA Inc affords customers the ability to establish an IRA account in the United States while having it stored offshore in the Cayman Island with Strategic Wealth Preservation (SWP) Strategic Wealth Preservation (SWP) has partnered with New Direction IRA Inc to provide American investors the ability to store their IRA Precious Metals in a state-of-the-act Class 3UL rated facility, built for the purpose of storing precious metals. Clients enjoy all benefits and advantages of holding precious metals in a self-directed IRA along with the peace of mind that comes with storing your assets in the best and safest offshore jurisdiction in the Western Hemisphere.

How an Offshore Precious Metal IRAs With PMI Works


Open your account with New Direction IRA, America’s leading self-directed IRA administrator. Rollover, transfer and/or contribute funds into your account. The account needs to be funded before New Direction IRA can start the precious metals purchase transaction. You can also transfer existing metals already in storage with another IRA custodian.


Strategic Wealth Preservation (SWP) is a fully integrated and approved offshore IRA depository. The product premiums and storage rates for IRA metals are competitive with US domestic rates and, with SWP, we offer all the advantages of storing your assets in the safest offshore jurisdiction in the Western Hemisphere. Once you've opened and funded your IRA account, elected your dealer and depository, all that is left to do is select the precious metals you wish to purchase and then let PMI and New Direction IRA handle the rest.

To begin the process please access and print all of the information and Account forms by clicking on the New Direction IRA. These forms, once completed and processed, will allow you to place your order for the Bullion or Coin Product of your choice directly with PMI's Trading Desk (After which New Direction IRA Inc and PMI coordinate payment from your Account and Delivery of the ordered product to your Account). When the time comes when you wish to sell any or all of your product, it's as simple as a phone call to PMI's Trading Desk.

Note: In order for PMI to provide these products and services you will be required to appoint PMI as your Designated Representative on your Account. PMI will receive a copy of your New Direction IRA Inc. Precious Metals IRA Statements, which allows PMI to verify funds in your Account to pay for your purchases and product in your Account when you wish to sell.

Commission Disclosure: Should you have been introduced to PMI by a third- party Broker Dealer, PMI's invoices will reflect your Broker Dealer's commission charges which shall be paid to your Broker Dealer by PMI.

Should you have any questions or need assistance with the completion of your Account Documents, please do not hesitate to call us at 1-866-764-2878 or email us at pmi@pmi.ky.

We look forward to assisting you in adding Precious Metals Products to your Registered Retirement Savings Plan Account and thank you for your patronage.


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Precious Metals as Investment

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