OWN A RAIN FOREST IN COSTA RICA

A NEW APPROACH TO SAVE THE RAINFOREST

BECOME AN OWNER OF 1000 square meters

and co-owner of a 250 acres large tropical Rain-Forest

The major burden to preserve and protect the Tropical Rain Forest rests on the shoulders of the individual landowners, often small farmers and individuals for whom the piece of Rain Forest represents a major part of their capital and preserving it means great personal and economic sacrifice.

The Government pays a compensations to the  individual owners of Rain Forests, but the compensation is rather small (about US$46.00 net per hectare or 2.5 acres) per year for a maximum of 300 hectares (750 acres).

Laguna del Lagarto Lodge, www.lagarto-lodge-costa-rica.com/,a small Hotel in the northern zone of Costa Rica has developed the following Pilot Project to make the ownership of Tropical Rain Forests available to anyone who is seriously concerned to preserve and protect this precious resource for mankind.

Laguna del Lagarto Lodge has transferred 100 hectares (2.5 acres = 1 hectare = 10,000 square meters) of its primary Tropical Rain Forest to a new Company duly registered under the  laws of Costa Rica, called :

BOSQUE LLUVIOSO DE SAN CARLOS DCA, S.A.

This new company has issued 1000 common shares, giving the owner all the rights the law confers to a normal shareholder and 1000 preferred shares giving the shareholder the right to undivided ownership of the equivalent of 1000 square meters (1196 square yards) of primary Rain Forest with no right to any individualized use of the undivided 100 hectares of the Rain Forest, owned by the company. The common and the preferred shares are being  sold to the public jointly as a package which cannot be divided giving thus the owner the full rights of a common shareholder and  ownership right of 1000 square meters (1196 square yards) of primary tropical Rain Forest.

The Hotel Laguna del Lagarto Lodge assumes the administration of the new company without any costs and will guarantee the protection of the Rain Forest.. In addition it offers each shareholder and his direct family (spouse and children) a permanent 20% discount on the prevailing room rates and in addition one free night (in a double room) every 5 years. Since the Hotel is on the edge of the Rain Forest the shareholder will have an easy access to the property.

In order to strengthen the assurance for the shareholders that the Rain Forest will be preserved permanently, an ecological easement has been registered in favor of the Hotel giving the Hotel the right to use the Rain Forest for eco-tourism and  the right to interfere should the majority of the new shareholders act against sound ecological principals.

As mentioned above, the 100 hectares enjoy the benefits of the Government Forest Protection Law, which obliges the maintenance of the Rain Forest, makes the company beneficiary of the $46.00 per hectare annual subsidy, grants property tax exemption and protects the property from illegal invasion (squatters).

The prime purpose of the company is the preservation, protection and maintenance of the Rain Forest. Nevertheless, the profit motive is not excluded and will be pursued within the framework of sound ecological principles if the majority of the shareholders decide so.

Potential earning sources are:

1. Eco - Tourism, charging an entrance fee (not higher than the fees charged for entering the National Parks) for using the forest trails.

2. Renting the Rain Forest to Research Institutions

3. Limited Harvesting medicinal plants

4. Sale of CO2 absorption, (1 hectare of Rain Forest absorbs between 5 to 10 tons of CO2 per year)

5. Government subsidy of presently approximate $46.00 - per hectare per year

6. Any other earning source which may arise.

This pilot project is probably the first of its kind in the world and offers an effective way to make the ownership of Rain Forest available to everybody interested in its preservation.

The amount of the investment is rather small .The share-package (one common and one preferred share) is being offered for US$ 250.00 The shareholder can sell his shares at any time with a potential increase in value.

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