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FAQ-Frequently Asked Questions

About

the villas

Which villa will my participations come from?

The company has constituted a fund (package) with the following 18 best villas:

6 PLATINUM Villas ( Villas P1, P2, P3, P5, P6 y P7)
6 GOLD PLUS Villas ( Villas G10, G11, G12, G14, G15 y G16)
6 GOLD Villas ( Villas G7, G8, G9, G17, G18 y G19)

The sum of the income of the 18 villas is divided between 18 and that is the average income of each villa. In this way the hotel occupancy is distributed and it is not concentrated in a particular villa.

You can see the distribution of the 18 villas assigned to the program that are marked in red

Am I the owner of the villa?

No, You are not the owner of the property. You are the BENEFICIARY of a part of the revenues obtained from the renting of the villas. That is you are beneficiary of the usufruct of the villas.

 
Your shares are just participations on the revenues obtained from the renting of the villas, they are not stock shares of the company.

What happens if my villa does not get rented and others do??

Your participation is in the 18 villas so there is no risk that if a villa does not get rented that situation will affect only to you. If there is any day without renting, it would be distributed among the 18 villas.

Who does control the occupation and the sales?

The PANAMA TOURIST AUTHORITY (ATP) http://www.atp.gob.pa/ , an official Government agency , controls and verifies the occupation and prices charged on each night of occupation.

Where is  the resort island exactly located?

You can see our "Blue Dolphin Island" (Johnson Cay according to the American charts) in Google by entering following coordinates: 9.242N 82.155W or by clicking  HERE. o

To locate the international airport of Bocas del Toro that is 12 km from our island, enter following coordinates: 9.340N 82.242W or by clicking 
HERE

Below Google view of the island

Direct flights from Panama to most important cities of U.S.A., Canada and  Europe

What is the current status of the works?

You can see photographs of the works HERE


Profit

and taxes

When and how do I receive the benefits that correspond to me??

Every three months, within 20 days after the close of each season, the company will credit in your account your benefits. You will have direct access to your account through internet.

You can request benefits be sent to you as you wish.

Specifically your benefits pay days will be: April 5 and October 5 , every year

When do I start to earn? What happens while the villas are finished and occupied?

From the very day of reception of your payment you are starting to get your benefits. While the villas are finished and occupied you will receive the guaranteed benefit of 14.4% per year in high season and 9.5% per year in the low season. The villas are expected to be fully available during 2019/2020.

Do I also participate in restaurant profits and other resort revenue?

Your participation is only on the rental benefits of the 18 suites of the fund. There is no participation in the income of the other suites or the services of restaurants, bars, excursions, etc. of the resort. These benefits correspond to the stock shareholders.

Who pays the money transfers?

If you make the payment of your shares by bank transfer the cost of the transfer is at your expense. There is a cost that our bank charges us, approximately 60 dollar, per transfer that we assume.
The cost of transferring funds to you is on your side and is discounted from your wired profits.

What taxes should I have to pay in Panama and in my country?

You do not have to pay any tax in Panama. The company pays taxes on sales and credit it to you without withholdings.


How to buy? Can I buy all the shares of a villa?

Yes, you can.

Can I buy a single share.?

Yes, the minimum amount you can buy is ONE participation.

Can I buy shares at any time? Are they going always to cost the same?

You can buy at any time you want as long as there are shares available. You should also keep in mind that the price of the shares is going to increase progressively.

So far, we have only 450 shares on sale intended for up to 50 investors and the price of each share is 1,950.00 dollars (ONE THOUSAND NINE HUNDRED AND FIFTY US DOLLAR).

How is the payment made when buying the participations ?

Payment can be made by bank transfer and Western Union.

Can I pay in the currency of my country?

The sale price and the transfers are always in dollars. In a country where we receive payments locally, you can use the local currency taking into account the free exchange rate at the time of payment.

Do you finance the purchase of the participations ?

No, we do not finance.

Can I travel to see the works? Do I get paid travel expenses?

Of course we will be delighted to welcome you to our Panama offices and to the resort.
No, we do not pay any expenses.


Contracts How many years will my participations last?

Your shares are permanent until you sell them to another person or company.

When the rental prices of the villas go up will my benefit also go up?

YES. The interesting point about this investment is that it will get updated over time because as international hotel prices rise your profit will also increase.
That is to say that it is an investment for quiet sleeping because it is inflation proof.

Is the ownership of the shares under my name?

Yes, the documents are in your name so we will need a copy of your identity document.

Can I designate heirs in my contract?

Yes, you can indicate in the contract who would be the heirs of your shares in case of death.

How do I do if I want to sell my shares?

You can sell the shares through a private contract in your country. You must notify us and send us a copy of the contract and identity document of the buyer so that we recognize the buyer.

Can I see the purchase contract?

Of course, you can find it here > "MODEL OF PURCHASE AGREEMENT"

Can I see the title of the shares ?

Of course, you can find it here > "MODEL OF SHARES CERTIFICATE"


Guarantee

What documents do I receive when I invest?

You receive a " SHARES CERTIFICATE" plus a "PURCHASE AGREEMENT". Both documents are legalized before notary / clerk in Panama and apostilled by the Ministry of Foreign Affairs which makes them valid documents in your country.

What are the companies that own the resort?

The resort is made up of two hotels, one on the sea and one on land.

The resort is owned by "CARIBBEAN NATURE CORP." Owner of the following two companies: BLUE DOLPHIN ISLAND INC. (Owner of the Island and Hotel on land), PALMS ISLANDS CORP. (Owner of the concession of sea and Hotel on the sea).

CARIBBEAN NATURE CORP. Is a member of "RCI" of the United States, a subsidiary of Wyndham Worldwide. One of the biggest hotel chains in the world.

It is also a member of the "Chamber of Commerce of Panama" and the "Official Spanish Chamber of Commerce of Panama" where you can request references.

How is my investment guaranteed?

Your investment is guaranteed by our company (CARIBBEAN NATURE CORP) and in additional solidarity by the other companies BLUE DOLPHIN ISLAND INC. and PALMS ISLANDS CORP. who guarantee with their properties, that is to say the hotels and the island where they are built, to respond for the amounts you invested plus the benefits that correspond to you over time.

Is there a bank guarantee?

No, there is no bank guarantee.

Can I see the official documents of the companies?

To see the official documents of the companies in the PANAMA PUBLIC REGISTRY through the internet, write to us and we will indicate how to access the information that is public.

What happens if a cataclysm affects the resort?

The area of the resort is outside the hurricane zone of the Caribbean and the United States, so there are no such phenomena. The facilities of the resort are insured against normal and catastrophic risks, which would cover the costs of repairing any damages.


Other benefits Will  I have any benefits or discounts at the resort?

Of course.

 

You can use a villa at the rate of 2 days a year per share.

For example, if you invest in 15 shares, you can stay at the resort during 30 days every year.

During that time you do not receive interest because you are occupying the villa.

You have to pay for hotel maintenance and services.
( US $ 61.00 per day in 2019)

 

You will also receive a 25% discount on all services and consumptions

Can I get a visa for residence in Panama?

Yes, based on this investment you could get a visa for you and your family as a permanent resident with right to get your Panama passport in a few years.

We will help you and advise in this matter.