Event

Phnom Penh, February 19, 2022 – A seminar was held at Raffles Hotel Le Royal by a team of local and international immigration experts to present opportunities for Cambodians to immigrate to the United States legally for work and residency through a US government visa program – EB-3. Experts from local immigration service providing firm, First-Class Solutions Ltd. Ltd., and Mercan Group, organized the workshop with more than 100 participants mainly from Phnom Penh.

Lim Kruy, CEO of First-Class Solutions Ltd. Ltd. – the company that provides immigration consultation services – said the purpose of the seminar was to raise the awareness of the Cambodian people of the US government’s EB-3 visa program through which they can apply to work and live in the US legally.

“Before, it was more complicated when people wanted to immigrate to the US; they must have relatives or friends there who could act as guarantors and so on. But, for the EB-3 visa program, for people who are willing or able to perform unskilled work, they can apply. And we are here to help you,” said Lim Kruy.

“For the applications, First-Class Solutions Ltd. works with partners, lawyer firms, and employers in the US to help local applicants in Cambodia to apply for working and immigration via this EB-3 visa program. So, we do all the work necessary to help the applicants,” he added.

To help people to apply for the EB-3 visa, First-Class Solutions Ltd. has partnered with Mercan Group – a Canada-based company with over 3 decades of experience helping foreigners across the globe immigrate to the US, Canada and EU via investment, studying and working.

Partnering with First-Class, Mercan Group works directly with lawyer firms and employers in the US to help local Cambodians immigrate to the US under the EB-3 immigration program.

According to the First-Class CEO, to apply for the EB-3 program, you must be physically fit, aged between 21 to 50, be willing to learn English, and have good criminal record and good health. Those qualified, moreover, can also bring along their spouse and children under 21.

EB-3 is the US government’s immigration program that enables US employers, with a full time, permanent and validated job offer in entry level occupations, to petition for a foreigner’s (and their family) granting of permanent residence in the US.

About Mercan Group

Mercan Group is one of the largest and most successful professional immigration investment companies in Canada. Established in 1989 by Jerry Morgan, Mercan Capital Ltd. has become a leader in the field of immigration, and developed a reputation for integrity, honesty and efficiency. The Mercan Group of companies consists of five companies, each specializing in sectors of immigration, investment, education and foreign worker recruitment.

It has its head office in Montreal, Canada with regional offices across Canada, throughout Asia, Middle East, Europe, Africa and United States. With almost 30 years of experience in immigration, investment and recruitment consulting, MercanGroup has built an international network of offices in Canada, China, Philippines, India, Bangladesh, Vietnam, United Arab Emirates, and the United States, as well as agent offices in over 30 countries.

Mercan has helped bring more than 50,000 foreign immigrants to Canada of various origins. Moreover, through our recruitment companies, we brought almost, 15,000 foreign workers in Canada, USA, the Middle East, Malaysia and the Caribbean islands. Lastly, under the investor immigrants category, Mercan has raised over 1.5 billion in foreign investment capital for various projects in Canada, USA and Portugal.

Phnom Penh, 18 February, 2022 – Zillennium Co., Ltd (Z1 Group), Z1 Financial, Century 21 Fortuna Investment, and Canada-based Mercan Group have teamed up to create new investment opportunities in real estate to investors in Cambodia and Portugal. This collaboration will also play its vital role in attracting investors from the EU member state to inject their funds in Cambodia’s real estate sector.

These four companies have announced a strategic collaboration, singing a Memorandum of Understanding (MoU) on 18 February, 2022 at Hyatt Regency Phnom Penh. The MoU were signed by Mr. Kuy Vat, Group Chairman of Zillennium Co., Ltd, Mr. Say Sokheng, Chairman and CEO of Z1 Financial, Mr. Va Vireak, CEO of Century 21 Fortuna Investment and Mr. Jerry Morgan, President and CEO of Mercan Group.

Z1 Group is one of the leading real estate marketplaces in Cambodia. It is a local conglomerate and Singapore-based Z1 Financial – a digital asset management and investment service company – is part of its business. Century 21 Fortuna Investment is a real estate service company in Cambodia; it operates under the franchise of Century 21 Cambodia. Mercan Group is an immigration consulting company based in Canada.

Deal signed on the strategic collaboration will pave the way for these firms to work together, bringing new investment opportunities for well-off Cambodians to invest or purchase property in Portugal, and chance to obtain the country’s citizenship. Also, this partnership agreement will enable the local firms to seek and mobilize funds from investors in the EU member state to invest in Cambodia’s real estate projects.

Mr. Va Vireak, CEO of Century 21 Fortuna Investment, said Portugal is not only boasts its high potential for property investments, the country is also an attractive place to live in due to its security and modern health care system, and its living cost is relatively low in the EU bloc.

Mr. Vireak is a first Cambodian certified international property specialist (CIPS). He has an extensive experience closing property deals, especially in Portugal. The country became a member of European Union since in 1986, its population is currently standing at approximately 10 million with a gross domestic product recorded at $231 billion as of 2020.

“Property investment in Portugal is attractive. Foreigners can secure loan up to 70% of the property value, and 30% is required for down payment. Interest rate is quite interesting and relatively low at 1.2 per cent per year, with the payment term is available up to 75 years,” said Mr. Vireak, adding that “this cooperation will make it easier for Cambodian investor seeking partnership with others investors from the EU member state to invest in Cambodia’s potential sectors, especially in real estate.”

Mr. Jerry Morgan, President and CEO of Mercan Group, said this partnership will enable Cambodian investors access to profitable investment projects. According to him, 40 projects are being invested in United State, and another 15 projects in Portugal.