costa rica retirement, vacation rental, real estate, property tour 2014

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Many baby boomers will run out of money in retirement. Here's a great slide show on why so many North Americans are choosing to retire, relocate or purchase vacation or rental property in Costa Rica. Costa Rica has a long standing history of attraction to North Americans. As a low cost and healthy option to the US, Costa Rica provides an affordable and safe option for baby boomers who are struggling to afford the quality of life they deserve in retirement. Best of all, strong rental demand in Costa Rica makes it easy to rent your property to have it pay for itself when you are not using it. Learn about our inexpensive Costa Rica property tour options, an all inclusive 4 day tour for just $299.

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Page 1: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014
Page 2: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Costa Rica

Page 3: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Me at 18 Years OldIn MexicoCity

Page 4: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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

Page 5: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

We have a lot of choices where to liveCosta Rica Tops our List

Page 6: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Some Choices are Better than OthersCan you guess which one is Costa Rica?

Page 7: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

On Average a person spends 20 years in retirementMany of us will outlive our retirement nest-egg

Page 8: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Costa Rica is in Central America between Nicaragua and Panama

Page 9: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Costa Rica is situated below the hurricane belt

Page 10: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Every Major US Carrier Flies there except Southwest, keeping flights affordable. Only 2 hours 20 minutes from Miami

Page 11: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Home to 4.7 million residents

Page 12: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

It’s also home to 110,000 foreigners

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Including more than 60,000 North Americans

Page 14: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

The country contains more than 100 types of ferns, 1,000 orchards and 2000 kinds of trees

Page 15: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Tourism is the #1 source of income

Page 16: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Costa Rica is home to a dizzying array of fauna.

Toucans

Tree Frogs Blue Morpho Butterflies

Over 50 kinds of Hummingbirds

Page 17: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Humpback WhalesOlive Ridley TurtlesSquirrel 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

Page 18: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

860 bird species reside in Costa Rica; More than in the US and Canada combined.

Page 19: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Arenal Volcano

South Pacific Coast Beach

La Paz Waterfall

Costa Rica is loaded with Natural Wonders

Diving off Cocos Island

Page 20: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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

Page 21: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

spending instead on education

Costa Rica is proud of a 97% literacy rate among its citizens; among the highest in Latin America

and…

Page 22: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

High Quality, Low Cost Healthcare(nearly free to residents)

Ranked higher than the US by WHO

Page 23: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Over 27% of the entire country is National Park, preserve or protected land

Page 24: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Costa Rica has consistently been

ranked as the Happiest Place on Earth.

Page 25: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Rated as the highest country in Latin Americafor quality of life.

Page 26: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

There’s lots of outdoor activities and plenty of beaches to walk on

Page 27: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

You won’t be bored

Page 28: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

It’s a country with little government corruption.

And a very healthy economy.

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The US is Costa Rica’s largest trading partner. 25 of the Top Fortune 50 have facilities there

Page 31: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Costa Rica uses the Colon as their currency, not the Dollar.

Page 32: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

It’s easy to bring your pets with you

Page 33: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

You only need a $1000 in income per month per couple to qualify for their pensionado “retirement” program

Page 34: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Foreigners have the same right to property ownership as Costa Ricans do.

Page 35: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Property ownership is deeded and fee simple.

Title Insurance is readily available.

Page 36: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

There’s no capital gains tax in Costa Rica.

Page 37: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Fresh, pesticide free produce, seafood & meats are abundant and inexpensive

Page 38: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Tap water is safe to drink in Costa Rica

Page 39: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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

Page 40: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

There’s no tax on income from outside of the country.

Page 41: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Rental Income opportunities are excellent

since currently demand

exceeds supply for much of the

year.

Page 42: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

What Makes A Great Property?

Paying for your Retirement Home with Rental Income! Using high yields, low carrying costs and high occupancy

Page 43: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Property Taxes are very low; $1.95 per $1000 in value

A home valued at $200k pays only $390 per year!

Page 44: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Home insurance is approximately $397 annually for a home worth $200,000

Page 45: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Benefits of Chill Weekends

• Compare Countries and Locations• Experience the Accessibility• Sense the Climate and Geography• Identify the Lifestyle• Meet the People living there, expats and locals• See the Options for Retirement and Rental Income• Know the Amenities, hospitals, golf, activities,

dining, social, ocean, mountain, nature & more

Page 46: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Costa Rica’s Southern Pacific

Why Pacific Lots of Costa Rica is your best choice for Chill Weekends

Page 47: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

The temperature in the southern Pacific averages 81˚ year round.

Page 48: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

We have a large Expat Community

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We have a brand new marina an hour north of us in Quepos and a new golf course within minutes of our developments

Page 50: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

We offer Ocean and Mountain view home sites. Prices start at only $40,000.

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Example of an Ocean View

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Example of Mountain View

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Part of our Chontales Development totaling over 2200 acres

Page 55: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

All of our home sites come complete with roads, water and electricity on the lot.

Page 56: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Transaction Costs can be high when purchasing property abroad

We pay all the closing costs other than to set up the holding corporation

Page 57: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

We will build your luxury home at $100 per square foot

Page 58: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

You may also choose to build your own home, hire any builder of your choice, or opt to simply

hold the land as an investment.

Page 59: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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

Page 60: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Hand crafted woodwork is

included

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We make all our cabinets, counters, windows doors, ironwork, etc. in our own shop

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Page 65: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

This is David and Helene’s home

Page 66: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

This is Russ and Cindy’s home

Page 67: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

We’ll build the pool of your dreams

Page 68: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Every home is custom designed but

we did recently release a “cookie

cutter” development

Page 69: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

These three standard models include:•Land•Granite Counters•Nice cabinetry •AC in both bedrooms• Landscape & Hardscape•Priced from $150,000 to $230,000 •(not including appliances or furnishings)•Furnishing packages are available

Page 70: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014
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We also offer full rental management services allowing you to earn income while your

property appreciates.

Page 73: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Due to low cost of ownership and operation, rental yields are excellent

Page 74: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

You can purchase property using your 401k, IRA or other retirement savings

We also offer financing with 20% down

Page 75: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Plenty of new commercial development in the region indicates a strong and growing market

Page 76: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Our community offers numerous restaurants, grocery stores, a new hospital, hotels, schools

and shopping opportunities.

Page 77: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Surprisingly cosmopolitan restaurants

Page 78: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

• Watermelon – 75¢ per Kilo • Tomato - 80¢ per Kilo • Lemons - 5¢ each• Carrots - 50¢ per Kilo • Pineapple - 80¢ per Kilo • Papaya - 45¢ per Kilo • Cucumbers - 70¢ per Kilo• Zucchini - 20¢ each• Onions - 50¢ per Kilo• Mangos - 50¢ per Kilo• Bananas - 60¢ for a bunch • Strawberries - $1.50 ½ Kilo

One Kilo = 2.2 Pounds

Page 79: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Fresh baked goods delivered daily

Page 80: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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

Page 81: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Hotel Martino

Page 82: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Here is our 8 room guest house that we use for our tours. We cater to all culinary requirements!

Page 83: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Healthy Organic & Local Ingredients

Page 84: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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

Page 85: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

You’ll meet some local expats as well as other people interestedIn living or owning property outside the US

Page 86: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Don’t worry, there’s no sales

presentation

Page 87: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Upcoming 4 day discovery tour dates - $299 PP

May 22 – 25 (sold out)June 1 – 4June 4 – 7 (sold out)June 8 – 11 RETA only June 11- 14June 14 – 17July 2 - 5July 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 – 4August 6 – 9August 21 – 24August 28 – August 31 (labor day tour)More Dates to FollowWatch our website for dates as they are added!

Page 88: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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

Page 89: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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

Page 90: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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• Demand is increasing

Page 91: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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

Page 92: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

Other Important Factors• #1 is Safety for me and my investmentCosta 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.

Page 93: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

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

Page 94: Costa Rica Retirement, Vacation Rental, Real Estate, Property Tour 2014

“When looking back at life it’s not usually what we did that we regret, it’s what we didn’t do.”