SunVesta Inc. (fka SVSA)

[Dina]

SunVesta gains experienced experts for Board of Directors and legal advisory

http://www.sunvesta.com/en/2018/06/18/sunvesta-gains-experienced-experts-for-board-of-directors-and-legal-advisory/

Oberrieden, June 18, 2018

The Swiss real estate development company SunVesta announces that Humberto Pacheco-Alpízar, a recognized Costa Rican financial and tax expert, has joined the Board of Directors of SunVesta Holding AG at the beginning of 2018. Alejandro Antillón, partner of the law firm EY Law in Central America, has also been advising SunVesta on legal issues since the beginning of 2018.

Hans Rigendinger, Chairman of the Board of Directors of SunVesta Holding AG, commented: “We are very pleased to have won with Humberto Pacheco and Alejandro Antillón two recognized authorities for our company. SunVesta has thereby significantly strengthened its expertise in asset, tax and legal matters in Costa Rica, the location of our planned luxurious beach resort “Papagayo Bay Resort & Luxury Villas”, and further expanded its local network”.

Humberto Pacheco was CEO of Pacheco Coto, Costa Rica’s oldest law firm specializing in international wealth planning, with offices in eleven countries on four continents, until December 2017. He has been advising multinational individual and corporate clients on tax efficient structures for 40 years and is a renowned expert in international corporate, tax and estate planning. The independent research firm Chambers & Partners, which rates the best business lawyers worldwide, awarded Humberto Pacheco with the “Lifetime Achievement Award” – the highest award of this prestigious organization – in 2013 in recognition of his outstanding professional career. Humberto Pacheco is a founding member and three-time former president of the Costa Rican-American Chamber of Commerce, a founding member of the AED (Costa Rica United Way) and a member and sponsor of other socially responsible organizations. He is the author of numerous publications and a speaker at important conferences.

Alejandro Antillón is a partner of the law firm EY Law in Central America and also heads the company’s Real Estate and Hospitality department. He is an outstanding expert on the Costa Rican and Central American real estate markets. From 2005 to 2017, Alejandro Antillón was Managing Partner and Head of Real Estate and Hospitality at Pacheco Coto, which was integrated into EY Law in January 2018. As a member of Pacheco Coto’s international tax planning department, he has worked on complex real estate projects and international tax structuring and has supported numerous real estate developers in all phases of project planning, financing and tax structuring. From 2004 to 2005 Alejandro Antillón was Managing Director of Stewart Title Costa Rica, an international title insurance company with extensive operations in Central America.

Media Information Hans Rigendinger, Chairman of the Board of Directors of SunVesta Holding AG