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On Tuesday 14 February, the Irish government announced the closure of the Immigrant Investor Programme (IIP). IIP applications via approved projects may be granted a grace period of three months to submit the finalised application. Any interest in IIP is the last chance and would have to apply on an urgent and immediate basis or the programme will no longer be available. Contact us now.

Month: November 2020

Bartra Wealth Advisors was awarded the Supreme Brand Award 2020

Posted on by bwa

Bartra Wealth Advisors has won the Supreme Brand of Overseas Investment & Immigration Consultant Firm Award 2020, organised by CAPITAL CEO X Entrepreneur. The awards ceremony took place on 27th November at Island Shangri-La Hong Kong.

Mr. Jeffrey Ling, Regional Manager shared, “Thank you CAPITAL for the award. We are honored and grateful to have the industry recognition for our brand and service, and have the opportunity to participate in this awards ceremony with all the award-winning companies on the stage.

Throwback to about the same time last year when we were literally starting our business in Hong Kong (August 2019), although we are one of the largest, leading developers in Ireland who are also the only developer can provide Hong Kongers with direct Ireland investment immigration services, to deliver great businesses results in just one-year time it wasn’t easy, coupled with the challenging global economic environment and the pandemic’s impacts.

Thankfully, our real estate investment projects are safe with a simple investment process. We have a transparent and open investment environment, a great team of dedicated professionals, plus having the advantage of the growing economy in Ireland in recent years and its more important place amongst the nations of the world, this year’s achievement is remarkable.”

He added, “We are thrilled to win the brand award. There’s a tremendous amount of effort required behind a successful brand, from products to services. It requires everyone to have the same belief, be insistent and persistent. Every time when we hear clients thank us for our help, have their trust and their recognition of our products and services, our energy and confidence are increased.

Thanks again to everyone and the award, we will continue to strive to be better!”

CAPITAL award 2020 -01

Upper left corner picture, from left to right: Regional Manager Jeffrey Ling, Sales Manager Tanya Wong, Marketing Director Jay Cheung and Business Development Manager Alan Lau. Lower left corner picture: Regional Manager Jeffrey Ling was receiving the award from Deputy Chairman of the Hong Kong Institute of Directors Mr. Edmund K H Leung.

Bartra Wealth Advisors Ltd is a subsidiary company within the Bartra Capital Ltd Group of companies. As the immigration arm of Ireland’s most successful real estate developer Bartra Capital, Bartra Wealth Advisors provides investors direct access to high-quality Nursing Home and Social Housing projects as the preferred investment options designated by the Irish government for the Immigrant Investor Programme (IIP). With a well-established business, extensive Irish immigration experience, expertise in real estate investments, professional landing teams and strong business network support, Bartra Group has helped hundreds of families successfully immigrate to Ireland.

Bartra Wealth Advisors prides itself on delivering streamlined, in-group, end-to-end services. Its unique business model supports clients throughout their investment and immigration journey, from immigration advisory and government backed IIP projects through to successful investment exits. It maintains a 100% application approval rate as well as 100% renewal rate.

Impact Investing – The potential of Social Housing and Nursing Homes in Ireland

Posted on by bwa

Social Housing and Nursing Home markets

Not just in Hong Kong, but everywhere else in the world, we see a high demand for and a shortage in Social Housing and Nursing Homes. This puts a lot of pressure on the government and the people, but it means there are great potentials in these projects.

Beaumont Lodge Nursing Home 5

Beaumont, our biggest nursing home project to date, has just finished construction ahead of schedule and will now enter the HIQA inspection phase.

The fact is, the investment in these markets have well been the trend in Europe and the UK. This is because they receive guaranteed long-term secure income streams from a local authority or an Approved Housing Body. This makes it particularly appealing to institutional investors and pension funds, as investors get to enjoy long-term leases with little or no day-to-day management, repair, or maintenance responsibility.

Such growth is seen in the Social Housing market in Ireland and is reflected in the CBRE Group report for the past six months. In Ireland, there are a total of 68,693 households waiting to be housed. However, no more than 15,000 are likely to be developed in 2020.

CBRE Social Housing 2019

With its ageing population, the undersupplied Nursing Homes are also seeing strong demands in Ireland. The percentage of over 65-year-olds is expected to reach 16% of the total population, accounting for 860,600 people. This means the country will need 7,500 new nursing home beds in the system by 2020. However, very little is expected to be built in the next few years, resulting in only the 1,144 beds which are currently on site.

To meet the required volume of units and to reduce the housing waiting lists, the collaboration between the public and the private sector to increase the delivery of much-needed Public Housing and Nursing homes is essential.

The role of our Irish Immigrant Investor Programme

As a developer who has successfully carried out many social housing and nursing home projects, we offer these projects as the Enterprise Investment route for families who are considering immigration to Ireland under our Irish Immigrant Investor Programme (IIP). Our extensive Irish immigration experience and expertise in the investment field, as well as our strong business network of partners, have allowed us to maintain an application approval rate of 100% and a 100% renewal rate.

Loughshinny Nursing Home

Applying for Irish residency via IIP is very straightforward, with short processing times and no quotas. Investment in Nursing Homes, in particular, offers Hong Kong investors capital protection with a potential profitable return. We offer a five-year term with a 4% annual return for Nursing Home investments. More importantly, we offer end-to-end services, so you can be sure that your investment and your family’s future is in safe hands all the way through the process.

Why Bartra?

We at Bartra only market investments where we have already purchased the site. All of our projects are located in Dublin, the area of highest investor demand, and long term value. We only use high-quality design team members including architects, planners, quantity surveyors, and construction companies. All our projects are fully cost by independent third parties prior to being marketed to IIP applicants. The investments are structured so that there is a clear alignment of interest between investors and Bartra, that the projects are only profitable for Bartra if they are first sold and investors are repaid.

Bartra Group already has a pipeline of 435 Social Homes with a value in excess of €130 million at the moment. We are planning to construct more than 1200 homes in the next 5 years. Our Social Housing project at Poplar Row has just signed a 25-year Enhanced Lease with the government. At a 0.14 hectare size with 39 apartments, the construction started in June 2020 and is progressing on time. Our other Social Housing projects are also debt funded by various companies. Bartra Group also has a pipeline of 823 Nursing Home beds and plans to run over 1,000 beds in the next 5 years. One of our projects, the Loughshinny Nursing Home Development, has been completed and was opened in summer 2019 with residents moving in. It has also shown full compliance across all areas in the HIQA report, which is hard to achieve. Also, our Northwood project has officially opened in late May this year, with occupants moved in.

Fast becoming one of the largest providers of Social Housing and Nursing Homes in Ireland, our available IIP project slots are filling up quickly. Speak with one of our expert advisors to find out more about Bartra Wealth Advisors and our projects by completing the form below, and see how you can be a part of our projects.

 

 

The safest investment – Hong Kong iBond 2020 vs The Immigrant Investor Programme

Posted on by bwa

The announcement of the latest iBond, which is the seventh series issued since 2011, is open for subscription at 9 am on October 23, 2020. The three-year-long, HK$10 billion worth bonds promises to provide a steady source of income for everyday investors, but there are always alternatives among the safe investments. We know an investment option that offers not only an almost guaranteed rate of return but also a world-class permanent residency.

What are we talking about?

In short, the iBond is an inflation-linked retail bond released by the HKSAR Government under the retail bond issuance programme of the Government Bond Programme. Offered at a minimum denomination of HK$10,000, the HKSAR Government will repay 100% of the principal amount at maturity, along with generating half-yearly interest payments which are based on the Composite Consumer Price Index. The guaranteed minimum payment is at 2%.

If you are investing based on the appeal of a safe and regular return, investing in iBond is sensible. However, if you are aiming for more, the Immigrant Investor Programme (IIP) can be a promising alternative.

The Immigrant Investor Programme (IIP) offers the applicant a secure residency status in Ireland through an approved investment. Depending on the choice of project, whereby we offer government-backed Nursing Home and Social Housing projects under the Enterprise Investment route, the applicant will receive their full investment of €1 million and 4% interest per year if they were to choose to invest in our Nursing Home projects. This means, at the maturity of the five-year investment period, the applicant will get an extra €200,000 tax-free, on top of their €1 million investment, as well as a STAMP 4 identity in Ireland.

Nursing Home and Social Housing

How do you invest in them?

The iBond subscription period will start from 9 am October 23 to 2 pm, November 5. Applications can be done via placing banks, securities brokers, or the Hong Kong Securities Clearing Company Limited. If the total application amount is under HK$15 billion, all eligible applicants will be satisfied. However, if the total application amount is over HK$15 billion, the iBond will be allotted by lottery, where each chosen applicant only gets one hand of bonds. The iBond will then be issued on November 16 and be listed on the Stock Exchange of Hong Kong on November 17. The trading of it in secondary markets can happen after.

On the other hand, the IIP is open for application at any time of the year and the process is very simple.

There are just four key steps to the IIP process:

  • Application
  • Approval
  • Investment
  • Receive residency

What is particularly attractive about this programme is that the investment is placed after receiving the approval letter. Not to mention, both of the assets of Social Housing and Nursing Home projects derive their income directly from the Irish State, making it a very safe investment for our investors.

Why should you care?

Both the iBond and the IIP are stable investments that offer promising investment returns. But as the intention to immigrate has spiked in recent years, being able to obtain a residency on top of an investment can be very appealing.

Dublin

Ireland is an emerging emigrant destination for Hong Kong people. As the only English-speaking member of the European Union, Ireland is a gateway to both the UK and European countries, offering a great education system and enjoys one of the lowest corporate tax rates in Europe, increasing its appeal as a regional business hub for multinational corporations.

The time for getting approval for the IIP is only 4-6 months. There are no language requirements and the residency requirement is just one day per year, meaning that the applicant can obtain residency without moving. 

The choice is yours

iBongHK and IIP Eng_Text enlarged

Of course, you should assess all the aspects of every investment you make, and there will definitely be variables that may change your mind. For example, the biggest barrier to the IIP is that the applicant is required to have €2 million net wealth. While we are able to offer investors a 4% annual investment return on their €1 million investment for 5 years, the iBond has historically exceeded the 2% minimum return, where their highest interest rate offered was 6.08% in 2011.

This is why we’re here. To find out more about IIP, how it works, what the benefits are, and how you can apply, speak with one of our expert advisors! Or simply complete the form below to download your IIP brochure.