Minha Casa, Minha Vida 24% Return in 24 Months 50,000+

Minha Casa, Minha Vida
Government Backed Social Housing Investment
Natal, Brazil
24% Return in 24 Months
50,000+ Mortgage Approved Buyers
Exclusive Summary
Minha Casa Minha Vida (My House My Life) is a government backed social housing programme, launched in 2009 with the aim to build 1 million
properties. This target was reached before the end of 2010 and as a result, in early 2011, the government decided to expand the building programme
and develop a further 2 million properties. Over 400,000 of these are to be built in the Rio Grande del Norte region, where Oak International Finance are
building their developments. The government has allocated in excess of 71 billion Reais to support the expansion programme.
At the last count, Natal had a waiting list of over 50,000 people for the My House My Life scheme. With the rapid expansion of the city, this list is growing
all the time. The housing scheme is heavily subsidised by the Brazilian Government through La Caixa Economica Federal Bank. This upgraded target of 3m
properties is to be reached before 2014. The scheme offers local people living in poor housing accommodation, or indeed lacking accommodation, the
opportunity to move into the social housing developments with very limited funds, making the decision for the families an easy one to make.
✓ Buyers pay no deposit
(Buyers receive 100% mortgages)
✓ Very low corporate tax for
developers
www.oakif.com
Page 2 | Copyright Oak International Finance v0.4
✓ Mortgage interest subsidised
heavily by the Brazilian
Government (Buyers pay
approx 2%)
✓ Average property price for
scheme is low at approx £30.000
✓ Natal has a waiting list of over
50,000 people for this scheme
Receive 24% Return in 24 months
Government Backed Social Housing Scheme
✓ Initiative proving popular
demonstrated by increase of 1m
target to 3m properties before
2014
CONTACT YOUR AGENT
Investment Overview
Invest from £20,000 to £750,000
Full SIPP and cash investment opportunity
24% Return over 24 month term
Small projects for fast turnaround
Government backed short term scheme
Fast growing and stable economy
Funds secured by FSA regulated transpact
Demonstrable exit strategy
Original target of 1m social housing properties
to be built recently increased to 3m properties
before 2014
Impressive development team with real pedigree
www.oakif.com
Page 3 | Copyright Oak International Finance v0.4
Receive 24% Return in 24 months
Government Backed Social Housing Scheme
CONTACT YOUR AGENT
Why are Oak International Finance
Focusing on Natal?
Within the next five years more than ten golf courses will be developed on the Natal coastline and more than $1.8 billion dollars will be invested in new
hotels, resorts and improving infrastructure (the equivalent to 8% of all foreign investments that the entire Brazilian economy received last year).
Due to booming tourism and enormous potential for further growth, the local government has decided to build a new airport in Natal which will be the
biggest airport in South America (8th biggest in the world). The airport has been specifically designed to cater for the new Airbus A-380, which will further
confirm Natal’s position as the number one tourist destination in Brazil. Thompson Holidays started direct charter flights to Brazil in early 2006, and to no
surprise the chosen destination was Natal. Being the Number one beach tourism area and a symbol of North Eastern Brazil, Natal will benefit enormously
from future domestic economic growth and increasing spending powers of the Brazilian population (180 million).
www.oakif.com
Page 4 | Copyright Oak International Finance v0.4
Receive 24% Return in 24 months
Government Backed Social Housing Scheme
CONTACT YOUR AGENT
Why invest in Brazil
Key Points
Booming economy
Brazil hosting World Cup in 2014 and Olympics in 2016
Lots of people in poverty wanting to get on the
property ladder
New airport (largest in South America) under
construction for 2014
Government backed social housing scheme
Major investment into Brazilian infrastructure
Why invest in Natal & the scheme - Key Points
Locals in poverty wanting to get on to the property ladder
Scheme initiated by Brazilian Government called My House, My Life
Mortgage rates heavily subsidised @ approx 2%
Large waiting list for the scheme solidifying exit strategy for investors
Massive funds being pumped into Natal, by the Brazilian Government
Buyers receive 100% mortgage making ownership of the properties
attainable for local people
www.oakif.com
Page 5 | Copyright Oak International Finance v0.4
Recent years have seen an increase of over 150% in foreign tourism
in Natal
Vibrant and growing city – 800.000 people
Host city for 2014 World Cup
Buyers pay no deposit
Low corporate tax for developer
Receive 24% Return in 24 months
Government Backed Social Housing Scheme
CONTACT YOUR AGENT
Due Diligence Checks
Projects will only be purchased once a full due-diligence check has been completed. The process will include checks on the following:
Vendor actually holds title of the project and land
All necessary agreements with utility companies are in place
Project and land are free of debt
Development is approved by bank as part of the Minha Casa Minha
Vida construction programme
Independent architect verifies all architectural plans as viable and
legal
Builders are approved by the state bank - La Caixa Economica Federal
All building licenses and permits are current and valid
Fixed price construction contracts are agreed with builder and bank
Full planning consent for the development plot is current and valid
The team on the ground in Natal has many years of experience in the construction industry and in particular, in the My House My Life construction
programme. The team’s expertise covers the legal, architectural, construction and financial aspects of the industry.
www.oakif.com
Page 6 | Copyright Oak International Finance v0.4
Receive 24% Return in 24 months
Government Backed Social Housing Scheme
CONTACT YOUR AGENT
Credible Partners
We already know that the need for the scheme My House, My Life is there. To have a development in Natal that has a waiting list of more than 50,000
and rising, shows the exit strategy for investors’ money is in place. The most important question for this product is can we safeguard investors’ money,
do we have the individuals involved with the relevant experience to build these developments and can our investors see where their money is being
spent at all times giving complete transparency.
Gustavo Macedo
Gustavo Macedo, part of the Oak International Finance team, is the third generation of his family to work in the building industry and
personally has 21 years of experience as both a developer and promoter not just within Natal but across Brazil. His own reputation,
along with his family’s, is renowned in Brazil.
AIPP - Association of International Property Professionals
MBi Consulting and Oak International are proud members of the AIPP and are therefore regulated by their professional code of conduct
IPT – International Property Trust
The IPT have years of experience in their field and specialise in securing investor funds. The Funds are secured by an FSA regulated
transpact and are held with HSBC. By using the IPT, investors have a route to the financial compensation scheme, allowing for more
transparency throughout the investment with the added insurance that the developers behind their product offering are doing all that
is necessary to ensure protection for all parties concerned.
La Caixa Economica Federal
This is the bank that funds the My House My Life programme. The Bank was founded in 1861 and is the largest public bank in Latin
America. It has a customer base in excess of 51 million clients and consolidated assets of 380 Billion Reais in 2010 - an increase of 11.3%
on the previous year.
Banco Do Brasil
Recently entered the funding of My House My Life due to high demand. Banco do Brasil is the largest financial institution in Brazil with
over 55 million clients. Founded over 200 years ago it has a presence in 22 countries worldwide
www.oakif.com
Page 7 | Copyright Oak International Finance v0.4
Receive 24% Return in 24 months
Government Backed Social Housing Scheme
CONTACT YOUR AGENT
Purchasing via a SIPP
(Self-Invested Personal Pension)
You can actually purchase your interest in this product using your
pension
• A SIPP is a form of pension plan that enables you to choose
where your money is invested.
• Transfer some or all of the money from your existing poor
performing pension schemes into a SIPP.
• Take control and maximise your returns from qualifying
investments.
• Re-invest each year’s returns into SIPP approved products and
benefit from the potential growth from compounding.
• Allow the value of your SIPP to increase due to capital
appreciation.
• At ages 55 to 75, you can take 25% of the fund value as a taxfree lump sum. *(Instead of the usual 65 as with typical personal
pensions)
• Higher-rate taxpayers could invest £100,000 and get tax relief
of £40,000 with all earnings within the fund based on the full
£100,000 invested.
* Correct at the time of writing Oak International Finance is not authorised or regulated by the
Financial Services Authority, under the FSMA (2000 as amended), to provide financial advice.
Any reference to Self Invested Personal Pensions, or pension rules as a whole are generic and for
information only. We recommend that before making any decisions based on the information
provided you should seek independent legal and financial advice.
www.oakif.com
Page 8 | Copyright Oak International Finance v0.4
Receive 24% Return in 24 months
Government Backed Social Housing Scheme
CONTACT YOUR AGENT
How to Get Involved
Purchase Process for your investment
Step 1 – Reservation form completed and sent to IPT (see Credible
Parties or ask agent for IPT Brochure) via agent
Step 2 – Reservation fee paid to IPT
Step 3 – Reservation form sent from IPT to lawyers or pension trustees
for processing
Step 4 – Purchase contracts issued to client lawyers by developer
Step 5 – Purchase contracts signed by client and returned to
developer
Step 6 – First phase funds transferred to development via IPT
Step 7 – Membership certificate issued to client or pension trustees
Investment Overview
before/after purchase
Investor reserves membership allocation
Investor completes membership purchase
Investor to receive 24% return on total capital investment
Site with planning permission for the Minha Casa, Minha Vida
scheme is acquired (smaller projects acquired for fast
turnaround)
Social Housing scheme is built (estimated build period 12-18
Months)
Social housing scheme is advertised to 50,000+ locals ready to
buy in Natal
Development is sold successfully within a 1 Month period
(Developments currently selling out in just a few days)
Investor receives 100% of their initial capital back
Investor receives the 24% return within the 24 Month period
Exit Strategy Explained
• The exit for investors is coordinated by Oak International
Finance within a 24 Month period
• There will be no charge for the facilitation of this
• 100% capital return on initial investment at exit
www.oakif.com
Page 9 | Copyright Oak International Finance v0.4
Receive 24% Return in 24 months
Government Backed Social Housing Scheme
CONTACT YOUR AGENT
Brought to you by:
Next Steps
This bespoke investor report provides
a valuable insight into purchasing a
membership with Oak International
Finance and their social housing
offering.
Oak International Finance is a partnership originally formed in 1990 specifically to take advantage of the opportunities presented at
that time within the UK municipal leasing market. Previously, Oak’s founder and current Chairman and CEO, George Rozwadowski,
had been heavily involved in lease finance since 1977 when he worked for the then only publicly quoted city money brokers, RP
Martin Plc. In 1980 he moved to IBL, a computer leasing company, where he headed lease finance operations.
IBL was subsequently floated on the UK Stock Exchange in 1985, being the second largest flotation of that year and in 1988 he took
over the European leasing operation of CIS, the then second largest third party leasing company in the world.
With his exceptional experience in operating and discount finance, George Rozwadowski went on to found Oak International
Finance in 1990, with an inaugural municipal leasing portfolio of £100m and with some £250m in cross border finance.
Because of his depth of experience in the arrangement, structuring and provision of individually customised financial vehicles,
George Rozwadowski was approached to structure a financing package of some £500m to raise capital for an early wind power
project in Greece, which was completed successfully. This project first brought to his attention the viability of running a business
around ‘Ethical Investments and Finance’ and changed the direction of Oak International Finance’s business focus.
Oak International Finance still continues to provide infrastructural leasing and financing packages, as well as environmentally
friendly virtualised IT solutions through other divisions within the Oak Group. The specific focus of Oak International Finance itself,
however, is to enable a wider access to the ethical, yet profitable opportunities which have been created in recent years through
the increased incidence and importance of ethical projects, via customised, structured, financial vehicles. For more information see
website: www.oakif.com
www.oakif.com
Page 10 | Copyright Oak International Finance v0.4
Receive 24% Return in 24 months
Government Backed Social Housing Scheme
Please contact your dedicated sales
advisor to discuss or request any of the
following:
P Investment appraisal
P Payment Plan
P Availability
P Reserving your allocation
Contact your agent for
more info
CONTACT YOUR AGENT