{"id":17273,"date":"2021-09-01T09:10:00","date_gmt":"2021-09-01T09:10:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/09\/01\/immigration-to-ireland-records-a-sharp-rise-bartra-raised-hk200-million-from-immigrant-investor-programme-since-start-of-2021\/"},"modified":"2021-09-01T09:10:00","modified_gmt":"2021-09-01T09:10:00","slug":"immigration-to-ireland-records-a-sharp-rise-bartra-raised-hk200-million-from-immigrant-investor-programme-since-start-of-2021","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/09\/01\/immigration-to-ireland-records-a-sharp-rise-bartra-raised-hk200-million-from-immigrant-investor-programme-since-start-of-2021\/","title":{"rendered":"Immigration to Ireland Records a Sharp Rise Bartra raised HK$200 million from Immigrant Investor Programme Since Start of 2021"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p>HONG KONG SAR &#8211; <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a> &#8211; 1 September 2021 &#8211; <a href=\"https:\/\/www.bartrawealthadvisors.com\/\">Bartra Wealth Advisors<\/a>&#13;<br \/>\n(&#8216;Bartra&#8217;), a subsidiary of Ireland&#8217;s leading real estate developer Bartra&#13;<br \/>\nGroup and the first Irish developer providing direct Irish immigration&#13;<br \/>\ninvestment advisory in Hong Kong, participated in the 2nd International&#13;<br \/>\nImmigration and Property Expo from 28-29 August 2021. Over 16,000 visitors attended the&#13;<br \/>\nexpo, an increase of approximately 40% compared to the last event in March this&#13;<br \/>\nyear, representing a significant rise in the public&#8217;s interest in immigration.&#13;<br \/>\nA number of talks and briefing sessions were held in the exhibition to&#13;<br \/>\nintroduce the ways and advantages of investment immigration to Ireland to the public.&#13;<br \/>\nDuring the expo, Bartra received onsite enquiries from more than 200 clients.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>This year, Bartra has&#13;<br \/>\nprocessed approximately 20 applications for Ireland&#8217;s Immigrant Investor Programme (&#8220;IIP&#8221;), amounting to a&#13;<br \/>\ntotal investment of about HK$200 million. Among them, 4 applicants originally&#13;<br \/>\nintended to immigrate to the UK through the BN(O) scheme, but finally decided&#13;<br \/>\nto apply for Ireland&#8217;s IIP instead.&#13;<br \/>\n<b>Jeffrey Ling, Bartra Wealth Advisors&#13;<br \/>\nRegional Manager<\/b>, said, &#8220;Some clients applied for Ireland&#8217;s IIP to obtain a safety&#13;<br \/>\nnet when applying for immigration to the UK through the BN(O) scheme. It was&#13;<br \/>\nmainly because Ireland is close to the UK (about an hour flight) and it is an&#13;<br \/>\nEnglish-speaking country. Irish citizens not only can access the UK under the&#13;<br \/>\nCommon Travel Area (CTA) Agreement, they can also access 27 European Union&#13;<br \/>\ncountries as its member state. Moreover, due to the high residing flexibility&#13;<br \/>\nin Ireland&#8217;s IIP scheme, Ireland&#8217;s IIP applicants are only required to enter&#13;<br \/>\nthe country once and stay for one day every year to retain their PR status and&#13;<br \/>\nthe right to abode.&#8221; <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Currently, applicants to&#13;<br \/>\nthe BN(O) scheme are not entitled to Public Funds, they are also not able to&#13;<br \/>\nfully access the public health and educational systems in the UK. Moreover, a&#13;<br \/>\nlarge number of commercial and financial institutions have moved their European&#13;<br \/>\nheadquarters out of the UK after Brexit, including Barclays and HSBC Holdings&#13;<br \/>\nPlc., increasing uncertainties for the employment prospects for applicants to&#13;<br \/>\nthe UK. Ireland, as a member state of the European Union, appeals to clients&#13;<br \/>\nwho also applied to Ireland&#8217;s IIP for protection. In addition, since the HKSAR&#13;<br \/>\ngovernment has ceased to recognize the BN(O) passport as a valid travel&#13;<br \/>\ndocument and identity proof since January 2021, Hong Kong citizens are&#13;<br \/>\nconcerned that they may not be able to apply for the early withdrawal from the&#13;<br \/>\nMandatory Provident Fund (MPF) scheme through their BN(O) passports or the&#13;<br \/>\nrelated visa applications. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Bartra has noticed that&#13;<br \/>\nthe desire of Hong Kong families to emigrate has increased sharply lately, and&#13;<br \/>\ntoday Ireland is becoming one of the most popular destinations for immigration.&#13;<br \/>\nIn the first half of 2021, the monthly average search volume of &#8220;IrishImmigration&#8221; in Chinese reached approximately&#13;<br \/>\n1,000 searches. Furthermore,&#13;<br \/>\nBartra&#8217;s 20 successful applications to Ireland&#8217;s IIP this year, represents a&#13;<br \/>\nsignificant increase from the 50 cases in the 17-month period from August 2019&#13;<br \/>\nto the end of 2020. Traditionally most Hong Kong emigrants have chosen&#13;<br \/>\nEnglish-speaking countries in Europe and North America as their destinations,&#13;<br \/>\nexplaining the considerable appeal of immigration to Ireland to Hong Kong&#13;<br \/>\npeople where English is the spoken language of the majority as well as the&#13;<br \/>\ndominant business language.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Immigration to Ireland&#13;<br \/>\nthrough the IIP is fast tracked and flexible. It takes about 6 months for&#13;<br \/>\napproval. Applicants are only required to reside one day per year in Ireland to&#13;<br \/>\nmaintain their residency; in other words, they can obtain a foreign residency&#13;<br \/>\nwithout relocating <i>and<\/i> freely decide when to become a tax resident. In&#13;<br \/>\naddition, Ireland is the only English-speaking country in the European Union,&#13;<br \/>\nwhich presents fewer language barriers for Hong Kong emigrants. The&#13;<br \/>\naccompanying children of IIP applicants to Ireland can also enjoy Ireland&#8217;s&#13;<br \/>\nfree education and free choice of schools. The Irish education system is among&#13;<br \/>\nthe top globally, ranking seventh in the world. In addition, Hong Kong families&#13;<br \/>\nare often pleasantly surprised when they discover Ireland is part of the Common&#13;<br \/>\nTravel Area (CTA), which allows Irish Citizens to live and work in the United&#13;<br \/>\nKingdom&#8217;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Bartra commands&#13;<br \/>\nunrivalled creditability in Irish immigration consultancy services. This year&#13;<br \/>\nmarks the fifth anniversary of Bartra&#8217;s establishment in Asia. The offices of&#13;<br \/>\nBartra in the Asian region are located in Beijing, Shanghai, Shenzhen, Hong&#13;<br \/>\nKong and Vietnam \u2013 together they have processed more than 350 successful cases.&#13;<br \/>\nApart from serving local clients, Bartra also serves clients from Taiwan,&#13;<br \/>\nIndia, Singapore, the Philippines, Macau, the United States, the UK, and the&#13;<br \/>\nUnited Arab Emirates, proving its wealth of experience.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The Social Housing and&#13;<br \/>\nNursing Home projects Bartra offers to IIP clients for obtaining permanent&#13;<br \/>\nresidency in Ireland can be achieved in three or five years (4% flat annual&#13;<br \/>\ninterest rate for the 5-year option), and both guarantee 100% investment&#13;<br \/>\ncapital protection. They each have an approval and renewal rate of 100%. Apart&#13;<br \/>\nfrom cash, for asset value proof, IIP applicants can use stocks, funds, cash&#13;<br \/>\nvalue of insurance policies, properties, or even parking spaces, valuable&#13;<br \/>\npaintings or collectables etc. Applicants can also choose to use wealth&#13;<br \/>\nmanagement services to cash out for their investment into IIP.\u00a0 Some clients will seek advice from financial&#13;<br \/>\nservices to pledge\/refinance their assets to fund investment immigration in the&#13;<br \/>\ncurrent low-interest environment so as to obtain residency without disposing&#13;<br \/>\ntheir existing investments.<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-09-01\/92834\/immigration-to-ireland-records-a-sharp-rise-bartra-raised-hk200-million-from-immigrant-investor-programme-since-start-of-2021\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211; Media OutReach &#8211; 1 September 2021 &#8211; Bartra Wealth Advisors&#13; (&#8216;Bartra&#8217;), a subsidiary of Ireland&#8217;s leading real estate developer Bartra&#13; Group and the first Irish developer providing direct Irish immigration&#13; investment advisory in Hong Kong, participated in the 2nd International&#13; Immigration and Property Expo from 28-29 August 2021. Over 16,000 visitors &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17273"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=17273"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17273\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=17273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=17273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=17273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}