West Nicaragua: An Emerging Destination

1. West Nicaragua: An Emerging Destination

2. Tourism: A very dynamic sector in continuous growth… Country Tourist Arrivals Source: INTUR

3. Tourism: A very dynamic sector in continuous growth… Nicaragua Main Markets: Source: INTUR

4. Tourism: A very dynamic sector in continuous growth… Main Markets Growth% 2003-2004: Source: INTUR

5. Tourism: A very dynamic sector in continuous growth… Central America main Visitors: Source: INTUR

6. Tourism: A very dynamic sector in continuous growth… National Tourism Revenues Source: INTUR

7. Tourism: A very dynamic sector in continuous growth… Nationwide Hotel properties (I.Q.S.)* * I.Q.S.: International Quality Standards Source: INTUR

8. Tourism: A very dynamic sector in continuous growth… Hotel Rooms (I.Q.S.) Source: INTUR

9. Tourism: A very dynamic sector in continuous growth… National Hotel Rooms Distribution 2005 (%) Source: INTUR

10. Tourism: A very dynamic sector in continuous growth… Tourist vs. Hotel Rooms Source: INTUR

11. Tourism: A very dynamic sector in continuous growth… Segments (Rooms by region) Source: INTUR

12. Nicaragua Lodging Industry Chinandega Source: INTUR

13. Marina Puesta del Sol

14. Cruise lines Visiting our Pacific Coasts (Corinto & SJS)

15. Airlines Flying to Nicaragua

16. El Convento

17. Investor-friendly Environment Favorable Legal Framework • Free Currency Convertibility. • Freedom to expatriate all capital and profits • Full property rights for foreigners. • Equal treatment as Nationals for Foreign Investors. • Full protection of Intellectual Property Rights, Patents and Brands. Source: Foreign Investment Promotion Law

18. Investor-friendly Environment Tourism Incentives Law (Law No. 306) • 100% Sales Tax Exemption on building design and supervision contracts. • 10 years tax exemption over: • Up to the 90% of the Income Tax. • 100% of the Property Tax. • 100% of the Import Duties and Sales Tax on construction materials, furniture, equipments, vehicles and accessories. • Reinvestment Incentive (Reinvestment of 35% of the original investment = 10 years more of all the above Benefits).

19. Personal Security When comparing Latin American capital cities, Managua is the safest with a 2.3 intentional homicide rate per 100 thousand compared to 3.9 in San Jose, Costa Rica for example *Source: Impacto de la Inseguridad Pública sobre el Clima de Negocios e Inversión de Centroamérica. CLACDS / INCAE.

20. Personal Security Homicide Rate per 100 Habitants Note: This graph does not include manslaughter for Costa Rica. Source: www.desarme.org

21. Hotel Los Balcones

22. Nicaragua’s Uniqueness

23. Pristine Beaches

24. Historic Cathedrals and Colonial Churches

25. Magnificently Preserved Colonial Cities

26. A strong cultural identity

27. Beautiful Crafts

28. Natural Scenery & Landscape

29. Outdoor Activities & Sports

30. Outdoor Activities & Sports

31. A very Special Biodiversity

32. A large choice of Tour Operators, one for each specialty

33. Why West Nicaragua? • Land • People • Emerging Destination • Natural Attractions • Cultural Identity

34. Official Investment Promotion Agency • Services: • Country information: general information, incentives, cost information, and regulatory information. • Customized site visits to Nicaragua • Start-up services and investment facilitation • Your company's office in Nicaragua • Staff: • Bilingual investment promotion professionals • Internationally-trained management • Local expertise to help get your projects implemented

49. Unexplored Profitable Democratic Beautiful