Why Costa Rica Slideshow 2014 Pacific Lots of Costa Rica


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Here's a great slide show about Costa Rica, looking at why so many North Americans have chosen to retire, own rental property, vacation property or second homes in this great country. We look at the benefits, safety, accessibility, healthcare, risk, quality of life and cost of living among other things. We also specifically look at the southern Pacific region of Costa Rica and how to tour our properties on our 4 day all inclusive discovery weekends to check out real estate and retirement/vacation home and rental opportunities.

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Why Costa Rica Slideshow 2014 Pacific Lots of Costa Rica

  1. 1. Pacific Lots of Costa Rica Benefits of Chill Weekends • Compare Countries and Locations • Encounter the Accessibility • Appreciate the Safety and Stability • Realize the Benefit of Top Rankings for Healthcare • Sense the Climate and Geography • Experience the Happiness and the Lifestyle • Meet the People living there, expats and locals • See the Options for Retirement and Rental Income • Grasp the amenities, tourism, golf, activities, dining, social, ocean, mountain, nature & more
  2. 2. We have a lot of choices where to live
  3. 3. Some Choices are Better than Others Can you guess which one is Costa Rica?
  4. 4. On Average a person spends 20 years in retirement Many of us will outlive our retirement nest-egg.
  5. 5. Costa Rica is a Proven Destination For Retirement, Rental Income and Appreciation
  6. 6. Costa Rica is in Central America between Nicaragua and Panama
  7. 7. Every Major US Carrier Flies there except Southwest, keeping flights affordable. Only 2 hours 20 minutes from
  8. 8. LA Non Stop Flights to Costa Rica
  9. 9. •Me •In 1974 •17 ½ years old •In Mexico City •I drove there! •By myself •Vagabond? •Adventurer? •Crazy?
  10. 10. I operated a jewelry manufacturing business while in college based in Taxco, Mexico and I liked to tour breweries when I traveled.
  11. 11. I Imported jewelry from Mexico to help pay for School
  12. 12. 7 years studying International Business
  13. 13. Then I got married
  14. 14. Who is Steve Linder & why should you care? • Steve knows international living options • Steve is an endorsed and sought after speaker about options on living abroad • Steve owns both investment and residential property abroad • Steve has led 1000’s of people on property tours • Pacific Lots is approved by AARP to sell to their audience • Steve knows what baby boomers are looking for • Steve has worked with International Living for nearly 10 years, sponsoring events and as a keynote speaker • Steve knows the pros and cons in many countries of interest
  15. 15. Born and raised in the Northeast
  16. 16. My wife and I owned a sales recruiting company We realized we could work from anywhere
  17. 17. We bought a house in Key West, Florida
  18. 18. Then we found out about hurricanes
  19. 19. Key West 2005 Hurricane Wilma
  20. 20. I’m a baby boomer, I remember lots of stuff that only baby boomers remember
  21. 21. If I put $2000 per year in my IRA starting at age 20, I’ll have $1.6 million when I retire (assuming an interest rate compounded at 8%) Read the small print , at 8% interest compounded daily
  22. 22. So here’s what happened with my IRA
  23. 23. Remember we are all living longer Here’s what we need to do: • Find a safe, fun, comfortable place to go • Cut our cost of Living • Find great healthcare for less money • Find a place where home care is affordable – we may need it later • Live a healthier lifestyle • Earn higher interest on our savings • Get good rental income when not using our retirement or second home
  24. 24. We knew what we didn’t want So began the search
  25. 25. Puerto Vallarta Belize
  26. 26. Costa Rica
  27. 27. Dominican Republic San Miguel Allende, Mexico
  28. 28. Costa Rica
  29. 29. Panama Thailand
  30. 30. Costa Rica
  31. 31. HawaiiEcuador Nicaragua
  32. 32. The Greek Isles Spain Ireland Paris England Italy
  33. 33. Costa Rica
  34. 34. Our first piece of property in Costa Rica
  35. 35. So let me save you some time
  36. 36. 1st lesson - Learn from others smarter than you
  37. 37. Costa Rica is situated below the hurricane belt
  38. 38. It’s about the size of West Virginia
  39. 39. Arenal Volcano South Pacific Coast Beach La Paz Waterfall Costa Rica is loaded with Natural Wonders Diving off Cocos
  40. 40. …and a dizzying array of fauna. Toucans Tree Frogs Blue Morpho Butterflies Over 50 kinds of Hummingbirds
  41. 41. The country contains more than 100 types of ferns, 1,000 orchards and 2000 kinds of
  42. 42. Humpback WhalesOlive RidleySquirrel Monkeys Sloths National Geographic wrote that Costa Rica contains over 5% of the world’s biodiversity yet is only .02 of 1% of the earth’s landmass Anteaters
  43. 43. 860 bird species reside in Costa Rica; More than in the US and Canada combined.
  44. 44. Tourism is the #1 source of
  45. 45. Costa Rica, a peaceful country, neutral for 200 years, was the first country in the world to constitutionally abolish its army. Spending instead on education, conservation & healthcare
  46. 46. spending instead on education Costa Rica is proud of a 97% literacy rate among its citizens; among the highest in Latin America and…
  47. 47. High Quality, Low Cost Healthcare (very affordable) Ranked higher than the US by WHO
  48. 48. Over 27% of the entire country is National Park, preserve or protected land
  49. 49. Costa Rica has consistently been ranked as the Happiest Place on Earth.
  50. 50. Rated as the highest country in Latin America
  51. 51. You won’t be bored
  52. 52. It’s a country with little government corruption. And a very healthy economy.
  53. 53. The US is Costa Rica’s largest trading partner. 25 of the Top Fortune 50 have facilities there
  54. 54. Costa Rica uses the Colon as their currency, not the Dollar.
  55. 55. It’s easy to bring your pets with you
  56. 56. You only need a $1000 in income per month per couple to qualify for their pensionado “retirement” program
  57. 57. Foreigners have the same right to property ownership as Costa Ricans do
  58. 58. Property ownership is deeded and fee simple Title Insurance is readily available.
  59. 59. There’s no capital gains tax in Costa
  60. 60. Fresh, pesticide free produce, seafood & meats are abundant and inexpensive
  61. 61. Tap water is safe to drink in Costa Rica
  62. 62. The pace of life is slower Perhaps that’s why Costa Ricans have a longer life span than those in the US Pura Vida = Pure Life
  63. 63. There’s no tax on income from outside of the country
  64. 64. Rental Income opportunities are excellent since currently demand exceeds supply for much of the year.
  65. 65. What Makes A Great Property? Paying for your Retirement Home with Rental Income! Using high yields, low carrying costs and high occupancy
  66. 66. Property Taxes are very low; $1.95 per $1000 in value A home valued at $200k pays only $390 per year!
  67. 67. Home insurance is approximately $397 annually for a home worth $200,000
  68. 68. Costa Rica’s Southern Pacific Why Pacific Lots of Costa Rica is your best choice for Chill Weekends
  69. 69. The southern region is the most bio diverse part of Costa Rica, over 50% is national park!
  70. 70. Classic Path of Progress Play in Southern Pacific Costa Rica
  71. 71. There was no easy way to get there “The Coastal Route”
  72. 72. You could drive the “Mountain of Death”
  73. 73. This is the new Caldera toll road completed two years ago that cut the drive from San Jose to the coast by nearly an hour. The toll from end to end is $4.00
  74. 74. This is the new coastal highway, completed a few years ago
  75. 75. Why the Southern Zone of Costa Rica is the place to be.
  76. 76. The temperature in the southern Pacific averages 81˚ year round
  77. 77. Our tranquil beaches include Playa Torguga, Ventana, Piñuela and Bellena.
  78. 78. Great property appreciation
  79. 79. You don’t have to worry.
  80. 80. We will build your luxury home for $100 per sq ft.
  81. 81. You may also choose to hire any builder of your choice,
  82. 82. Or build your own home,
  83. 83. Or opt to simply hold the land as an investment.
  84. 84. Financing is available * Although it may be great we won’t finance your romantic comedy.
  85. 85. Every home is custom designed.
  86. 86. Transaction Costs can be high when purchasing property abroad We pay all the closing costs other than to set up the holding corporation
  87. 87. Some of the homes we’ve built $145,000 including land $350k including land and pool $260k including land and pool $290k including land and pool
  88. 88. Sonya our rental agent
  89. 89. Our community has a fascinating international flare
  90. 90. Surprisingly; world class, gourmet restaurants abound in our community.
  91. 91. One of our local grocery stores
  92. 92. Charitable organizations include: •Costa Ballena Women’s Club with almost 200 Members •Volunteer Library •Caring Hearts, an organization to assist orphans in San Isidro •Numerous fun raising events for the local schools •Playa Tortuga Marine Turtle Conservation Program
  93. 93. Ticos (Costa Ricans), Americans, Canadians, French, Dutch, German, Students, Retirees, Professionals, Farmers, Entrepreneurs, Artists, Bakers, Families…. The people of our community include…
  94. 94. All Major US Carriers Fly there Daily except Southwest keeping Fares surprising low priced
  95. 95. New airports historically bring great property appreciation.
  96. 96. Plans are in place to build a new international airport just south of our project.
  97. 97. The new Hospital De Osa opened in March 2009
  98. 98. Use Your 401K or IRA Account to Purchase We’ll Show you How
  99. 99. Our community is located on the southern Pacific coast of Costa Rica.
  100. 100. We offer Ocean and Mountain view home sites. Prices start at only $40,000.
  101. 101. We also offer full rental management services allowing you to earn income while your property appreciates.
  102. 102. Use VRBO, Flip Key, AirB&B, HomeAway and other rental tools to MAXIMIZE earnings ACTUAL VRBO LISTINGS IN OUR TOWN SHOWN BELOW EARNINGS ADD UP QUICKLY AT THESE RATES 3 bedroom 2 bath $2000 per week 3 bedroom 3.5 bath $300 per night 3 bedroom 3.5 bath $1400 per week 3 bedroom 3 bath $2600 per week 4 bedroom 2.5 bath $350 per night 3 bedroom 3.5 bath $386 per night
  103. 103. Our 4 day tour includes Airport Pickup and Drop Off, Hotel on the Day of your Arrival, Transport to the Southern Pacific Region, all tours, 3 nights lodging, meals and beverages including beer and wine – for just $299 pp
  104. 104. Hotel Martino – Your first night on
  105. 105. Here is our 8 room guest house that we use for our tours. We cater to all culinary requirements!
  106. 106. Healthy Organic & Local Ingredients
  107. 107. Tour Costa Rica on one of our all inclusive 4 day property tours for only $299 per person, if you buy, we give you a $1000 travel credit Buy and Fly Free
  108. 108. You’ll meet some local expats as well as other people interested In living or owning property
  109. 109. Don’t worry, there’s no sales presentation
  110. 110. Upcoming 4 day discovery tour dates - $299 PP June 8 – 11 RETA only June 11- 14 June 14 – 17 July 2 - 5 July 14 – 17 (before IL Costa Rica event) July 17 – 20 (before IL event) July 24 – 27 (after IL event) July 26 - 29 (after IL event) August 1 – 4 August 6 – 9 August 21 – 24 August 28 – August 31 (labor day tour) More Dates to Follow Watch our website for dates as they are added!
  111. 111. “When looking back at life it’s not usually what we did that we regret, it’s what we didn’t do.”
  112. 112. Factors Driving Demand • Tourism, Marketing Efforts by the Country • Population & Income Growth - Local Market • Retirement Destination, Vacation Homes • Heath Care Options – Health Tourism • Return on Investment – Rental Income, Appreciation • Price versus Quality, Cost of Living, Lifestyle • Seasonality, Climate, Location • Visa Restrictions, Residency Requirements, Exit Strategy • Low Risk: Political, Social, Environmental, Economic • Publicity, Expat Digests, Real Estate Firms, HGTV
  113. 113. Pioneer or a Follower • There are plenty of others like me there already • There are resources and support mechanisms • We are welcomed by both expats and Costa Ricans • There are government benefits, pensionado programs • Banking and real estate services are readily available • Services are inexpensive; rental management maid, cook, gardener, maintenance person • There are very few restrictions, making it easy to do
  114. 114. Profile of Visitors and Owners • Many are baby boomers looking for quality of life • They are concerned about the environment • They come from around the world • They are affluent • They want to get/stay healthy and active • They want healthy food stocks & sustainability • It is a proven destination
  115. 115. Ownership is Easy and Inexpensive • Property Tax and other Tax Burdens are minimal • Insurance is very inexpensive • Utilities are reasonable, electric is from renewable resources – hydroelectric, geo-thermal and wind • Property Management and Maintenance is available and inexpensive • We provide full services, banking, residency, etc • We offer financing on land with 20% down • HOA fees are VERY low at $30/month on average • We are selling out phases and good view lots
  116. 116. Other Important Factors • #1 is Safety for me and my investment Costa Rica has very little Risk, for both expats and their property. 120 Americans were killed in Mexico in 2012 while only 2 were killed in Costa Rica in the same year. Costa Rica one of the oldest democracies in the Americas and there is little social dissent, economic or political turmoil. The US is their largest trade partner. Direct foreign investment in Costa Rica is a major economic force.
  117. 117. Rental Income Tax, Capital Gains & Property Tax - A Comparison Rental Income Tax* Property Tax Capital Gains • Mexico 5% 0.1% 25% • Panama varies 2.1%* 10% • Ecuador 22% 0.1% 0% • Belize 3% 1.0% 0% • Costa Rica 10% 0.1% 0% • Brazil 15% 1.0% 25% • Dominican Republic 29% 1.0% 29% * Some countries exempt a portion of rental income, Panama may waive property tax for expats
  118. 118. Upcoming 4 day discovery tour dates - $299 PP June 8 – 11 RETA only June 11- 14 June 14 – 17 July 2 - 5 July 14 – 17 (before IL Costa Rica event) July 17 – 20 (before IL event) July 24 – 27 (after IL event) July 26 - 29 (after IL event) August 1 – 4 August 6 – 9 August 21 – 24 August 28 – August 31 (labor day tour) More Dates to Follow Watch our website for dates as they are added!