1
2	Appreciation
3	Cash Flow/Occupancy At the beginning of 2006, occupancy rates were at 60% for Costa Rica Hotels. Central Pacific Region occupancy rate in residences is slightly higher then 60% due to lack of hotel rooms in this particular region. Various property management companies are seeing their units run a rate between 58-75%, depending on product and location. Average price $250,000. Mortgage conservatively $1500.00 monthly. Average room rate in Jaco $125.00 (off-season). At occupancy rate of 50% (conservative) that equates to $1,875.00 Average room rate in Jaco $225.00 (high-season) At occupancy rate of 50% (conservative) that equates to $3,375.00
4	Taxes/Currency/Investment Low property tax = higher cash flow .25 percent versus one percent No capital gains = higher returns Average appreciation growth in Central Pacific Coast 20%. 60% Occupancy rate, generate positive cash flow. Management Fees average 30% far below Mexico or Hawaii. Very American friendly = more open doors. Pro business platform. Currency called Colones. Dollars are distributed in ATM’s. Dollars welcome along with all major credit cards. Exchange rate equals: 500 colones to $1.00 8 Billion dollars of foreign revenue into the country. Tourism #1 business. Hi-Tech companies such as Intel, Microsoft and HP employee thousands. Considered the Silicon Valley of Central America. Other U.S. business includes Proctor and Gamble, Firestone, Motorola, Pfizer, Dole and Del Monte
5	Health Care/Education Education is free and mandatory. 96% Literacy rate, highest in the Americas. English classes mandatory. 6% of GDP goes towards education. University system rated highest in all of Central America. Healthcare system considered best in both Central and South America. Medicare to begin in 2008 for American Citizens living in Costa Rica. With no standing military healthcare is provided to all of its citizens. Prescription costs can be up to 80% less then in U.S. Foreigners with a monthly fee based on income to purchase Costa Rica Insurance. 3^rd lowest mortality rate in the world. Life expectancy 78.73 yrs old.
6	Testimonial In 2007, we expect that growth will remain strong and that inflation will decline further. To underpin this performance, the Fund strongly supports President Arias' reform agenda, including the ratification of CAFTA-DR and tax reforms. There was broad agreement that this ambitious reform agenda will strengthen Costa Rica's integration in global markets, allow higher spending on education, infrastructure and social needs, and reduce vulnerabilities. “ Mr. Rodrigo de Rato, Managing Director of The IMF. Feb 2^nd 2007”