at The Palms Your opportunity to own a home in the Caribbean for less than you can imagine! Corozal District, Belize

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1 Select few home sites available Prime location minutes from the sea Your opportunity to own a home in the Caribbean for less than you can imagine! Corozal District, Belize

2 The Enclave gives you an opportunity to purchase a home in Beautiful Belize at a very attractive price. Located adjacent to the already sold out The Palms at Corozal development, there are already several homes built in the immediate vicinity, and you will be able to be part of a vibrant and growing community right from the first day.

3 The Enclave is a small, exclusive subdivision of just 20 homes located in the Corozal Province in Beautiful Belize. Located adjacent to the already completed and sold out The Palms at Corozal development, we are offering purchasers an opportunity to immediately become part of this vibrant and growing community. The Palms is home to several completed homes, with more under construction, and is home to a number of year round residents. In response to an increase in demand for turn-key homes, The Enclave at The Palms will offer a select number of homes from ¼ Acre to 1.5 Acres. Purchasers will have a choice of two different floor plans, and prices ranging from $99K to $149K. The Enclave is an opportunity to purchase a 2 bedroom/2 bathroom home in a very attractive location. The development is located along Serenity Road which connects immediately to the Consejo Road, which links Corozal Town with Consejo. This area has become very popular with expats over the years, and is home to a significant community of Americans, Canadians, and Europeans. The Enclave is an excellent choice for you if you prefer to purchase a turnkey solution, and if you would like to know that when you show up in Belize your home is ready for you, rather than dealing with builders, workers and other hassles that would be necessary should you choose to build on your own. You have the choice of two different floorplans, both offer 2 bedrooms and 2 bathrooms as well as a porch to allow you to maximize your time outside in Beautiful Belize. If you are not ready to make your move just yet, you are also able to rent your house out and benefit from rental income. The developer is able to provide you with recommendations for local property managers who can assist you.

4 THE OUR LOCATION 6 5 GREEN SPACE GREEN SPACE CURRENT THE PALMS DEVELOPMENT

5 WHY BELIZE? WHY COROZAL? English speaking, legal system based on UK/US law Very affordable property prices Low cost of living Simple immigration via the QRP program Incredibly low property taxes All property ownership is freehold Incredible nature and opportunity to live green Easy access from the US and Canada Located just 20 minutes from the Mexican border and Free Trade zone Very popular with expats Easy access to the Caribbean Sea and San Pedro Growing tourism market Attractive property prices Government investing in infrastructure and public services

6 F F THE OUR FLOOR PLANS THE VIC REAR ELEVATION REAR ELEVATION MASTER BEDROOM 15'-6" X 9'-6" BEDROOM 13'-6" X 13'-2" MASTER BEDROOM 15'-6" X 9'-6" BEDROOM 13'-6" X 13'-2" 5'-10" X 5'-8" 5'6" X 5'-6" 5'-10" X 5'-8" PANTRY PANTRY 5'6" X 5'-6" LIVING ROOM 12'-0" X 15'-0" SCREENED PORCH 30'-0" X 5'-0" LIVING ROOM 12'-0" X 15'-0" BREAKFAST/ BAR SCREENED PORCH 30'-0" X 5'-0" DINING KITCHEN RG BREAKFAST/ BAR DINING KITCHEN RG VERANDAH AREA = 150 S.F HOUSE AREA = 998 S.F TOTAL AREA = 1,148 S.F 10 x 6" = 5' VERANDAH AREA = 150 S.F HOUSE AREA = 998 S.F TOTAL AREA = 1,148 S.F 10 x 6" = 5' GSPublisherEngine FLOOR PLAN 3/16" = 1'-0" FLOOR PLAN 3/16" = 1'-0"

7 THE OUR FLOOR PLANS SUSAN REAR ELEVATION REAR ELEVATION MASTER BEDROOM 15'-6" X 9'-6" BEDROOM 13'-6" X 13'-2" MASTER BEDROOM 15'-6" X 9'-6" BEDROOM 13'-6" X 13'-2" 5'-10" X 5'-8" 5'6" X 5'-6" 5'-10" X 5'-8" PANTRY PANTRY F 5'6" X 5'-6" LIVING ROOM 12'-0" X 15'-0" LIVING DINING ROOM 12'-0" X 15'-0" F KITCHEN DINING BREAKFAST/ BAR RG RG KITCHEN BREAKFAST/ BAR SCREENED PORCH 30'-0" X 5'-0" SCREENED PORCH 30'-0" X 5'-0" VERANDAH AREA = 150 S.F HOUSE AREA = 998 S.F TOTAL AREA = 1,148 S.F 10 x 6" = 5' VERANDAH AREA = 150 S.F HOUSE AREA = 998 S.F TOTAL AREA = 1,148 S.F 10 x 6" = 5' GSPublisherEngine FLOOR PLAN 3/16" = 1'-0" FLOOR PLAN 3/16" = 1'-0"

8 ABOUT THE DEVELOPER Incorporated locally in 2011, Berkovitz is a leading developer in Belize, developing planned residential communities in areas that are popular with expats, as well as condominium buildings on the oceanfront in Belize City. The company has experience in everything from land development and sales to construction and fund raising, and have built a reputation as a trustworthy and knowledgeable company in the Caribbean. The company CEO, Mr. Andreas Johansson is widely recognized as an authority on investment in the region, and is often featured as an expert in U.S. and International media. Berkovitz successfully developed and sold 49 home sites at Corozal, which is located immediately adjacent to The Enclave. Xunantunich Archelogical site

9 OUR LOCAL PARTNERS ESTEVAN PERERA & COMPANY LLP is our recommended law partner in Belize. The firm handled the closings for all our clients at our other projects, and their employees are well versed in dealing with foreign clients and their specific demands. They are able to handle any legal matters that may arise, from simple real estate transactions, to setting up a company locally for you, to more complex matters. Due to the volume of business we refer them, you can take advantage of a discounted legal fee when processing your closing through them. ATLANTIC BANK is our local banking partner. Belize s largest and most reputable bank, Atlantic Bank via its sister company Atlantic Bank International, are able to assist our international clients with the financing needs. Mortgages for up to 60% of the purchase price are available to wellqualified buyers, and you may also be able to open up personal- or business banking accounts with Atlantic. Mortgage rates are still comparatively high in Belize, though the emergence of mortgages for buyers of real estate has already helped to push prices upwards.

10 PREVIOUSLY COMPLETED HOMES HOUSE BUILT AT THE PALMS PRIVATE POOL AT A HOME AT THE PALMS THE FIRST HOUSE BUILT AT THE PALMS Construction costs in Belize are significantly lower than in the U.S. and Internationally HOME CURRENTLY UNDER CONSTRUCTION AT THE PALMS KITCHEN AT ONE OF THE HOMES AT THE PALMS LIVING ROOM IN THE FIRST HOUSE BUILT

11 THE PURCHASE PROCESS The process to purchase property in Belize may be quite familiar to you, as it is based on British Law. The system very much resembles the one in the United States, and all closings are handled by a reputable lawyer acting as the escrow agent. All properties are delivered freehold, and you are able to obtain title insurance if you so wish. Your purchase starts off with selecting which lot you would like from the site plan, as well as which floor plan you prefer. The payments are then tied to different stages of completion as detailed in the purchase agreement. These stages will be independently verified, and a report is provided at each stage along with detailed pictures. You can take title in your individual name, the name of a company (Belizean or foreign) and you are also able to use your IRA funds to purchase property please have your financial advisor contact us for more information if you are interested in pursuing this option.

12 UNFAMILIAR WITH BELIZE? In many ways, Belize and Corozal are still hidden gems but that is changing rapidly. Tourism is growing at a fast pace, retirees are moving here to enjoy the good life, and the demand for real estate is rising. The uniqueness of the Caribbean and the opportunity for an early stage investment has created an advantage for investors considering Corozal and Belize. Belize is a country located on the north eastern coast of Central America. It has a diverse society, comprising many cultures and languages. Belize is the only country in Central America where English is the official language, although Creole and Spanish are also commonly spoken. Belize is bordered to the north by Mexico, south and west by Guatemala, and to the east by the Caribbean Sea. Even though it may seem like a different world, Belize is only about 90 minutes away from Miami! Measuring square miles same as the State of Massachusetts but home to only people, Belize has the lowest population density in Central America. Belize is culturally unique among its Central American neighbours; it is the only nation in the region with a British colonial heritage. As a part of the Western Caribbean Zone, however, it also shares a common heritage with the Caribbean portions of other Central American countries. Belize is a member of the Caribbean Community (CARICOM), the Community of Latin American and Caribbean States (CELAC), and Sistema de la Integración Centroamericana (SICA). Belize used to be known as British Honduras up until The law is based on British common law, including the way real estate transactions are carried out. Belize allows ownership through foreign corporations, trusts, and foreign individuals, and foreign investors are allowed to own both vacant land and finished property. All land in Belize is freehold, and purchases can be backed up by purchasing title insurance. Belize is generally considered to be the most affordable of the Caribbean markets, though demand has been increasing significantly, thereby putting an upward pressure on the prices. The ability to be able to buy property significantly below the price of most of the islands has not gone unnoticed. The option of buying US-issued title insurance guarantees your free and clear ownership, and there is no tax to pay on Capital Gains in Belize all that is payable is a 5% stamp tax (purchase tax) on transactions above $ USD. Low cost of living coupled with a high quality of life; this has seen a huge influx of American- and Canadian expats, coming here to enjoy the Good life. The exchange rate of the Belizean dollar is pegged to the US dollar, making it more stable than other central American currencies, and there is also an excellent off shore banking system in Belize. The QRP program offers an easy way to be able to retire in Belize, and is considered to be the only true retirement visa throughout the Caribbean.

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