NEWS – Mercadia Cambodia

10 May

✨Mercan Group: The Official Inauguration Ceremony of “𝐅𝐨𝐧𝐭𝐢𝐧𝐡𝐚 𝐏𝐨𝐫𝐭𝐨, 𝐓𝐫𝐚𝐝𝐞𝐦𝐚𝐫𝐤 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐛𝐲 𝐖𝐲𝐧𝐝𝐡𝐚𝐦” on May 4th 2022🇵🇹 -The hotel project qualified for Golden Visa program

Mercan was honored by the presence of representatives from Porto Municipality, Mr. José Graça, and the partners who developed Fontinha Porto, Trademark Collection by Wyndham, namely the architects, interior designers, engineers and managers, Jordi Vilanova, President of Mercan Properties, acknowledged the commitment and dedication of all those who contributed to the creation of this hotel, underlining that is a demonstration of Mercan Properties’ positive and consideration impact, on the tourism and hospitality sector in Portugal.

By Mercadia NEWS 480 Comments

03 May

Franchise agreement with IHG Hotels & Resorts and Mercan Property

We would like to announce the signing of the franchise agreement with IHG Hotels & Resorts, one of the world’s leading hospitality companies. Our 5-star hotel Casa da Companhia in Porto will be branded under Vignette Collection trademark.

Set to change the branding in late 2022, Casa da Companhia Hotel, Vignette Collection will mark the brand’s first European opening. The current hotel will undergo light refurbishments and rebranding before becoming Vignette Collection.

Casa da Companhia Hotel will keep the high-end contemporary design with traditional architecture and thoughtful references to Porto’s heritage. Vignette Collection is a collection of luxury hotels that are unique, with their own distinct outlook and story to tell.

This partnership between Mercan Properties Brand and IHG Hotels & Resorts is an important growth in the Portuguese hospitality sector and the opportunity to work with a leading hospitality company in the world.

We believe that this is a valuable step for a worldwide recognition of the charming boutique hotel Casa da Companhia, where uniqueness finds elegance.

In addition, we inform you that we are completing a book on the history of the Casa da Companhia property, which dates to the 15th century to the present day, and we will be delighted to provide you with an original of the book shortly.

We appreciate your engagement and contribution very much.

By Mercadia NEWS 2 Comments

04 Apr

Grand Opening of Four Points by Sheraton in Matosinhos on March 28th, 2022

Four Points by Sheraton Matosinhos is the result of an urban rehabilitation project that qualified for Portugal Golden Visa Program.

Located near the beach in Matosinhos, with just 2-minutes walk to the beach, and in front of a city park in Porto. The new hotel is invested 19.1 million euros by Mercan Properties – Part of Mercan Group of Companies, which is the first project under the Sheraton Brand.

The new hotel has 108 guestrooms, many of which offer balconies and city views. Committed to improving productivity while on the road, the hotel provides what business travelers need most, all rooms come complete with a kitchenette and other facilities such as in-room Wi-Fi to make guests feel at home.

Four Points by Sheraton is the third Mercan Properties hotel to be opened in the city of Porto, followed by the Casa da Companhia Hotel in July 2021 and Sé Catedral by Hilton on March 21st, 2022.

According to Jordi Vilanova, President of Mercan Properties – Part of Mercan Group of Companies, “The opening of the Four Points by Sheraton Matosinhos is another important step in the development we want to offer Portugal, and more specifically the northern part of the country. Ace Hospitality Management (AHM) will be in charge of the management of the hotel. This is a project that combines the comfort and quality of the hotels in which we invest, with the dynamism of those looking to enjoy the beach, visit the city of Matosinhos, or even the city of Porto just 10 minutes away,”

By Mercadia NEWS 13 Comments

23 Mar

GRAND OPENING of “Sé Catedral Hotel” in Porto on March 21st, 2022

Located in one of the city’s noble areas, the new hotel has 77rooms, a restaurant, bar and a café on the terrace, with a view of Porto Sé Cathedral, one of the country’s oldest monuments, built in the 12th century. Within walking distance are the banks of the Douro River, as well as several historic churches, museums and restaurants.

The new 4-star hotel, Sé Catedral Hotel Porto, Tapestry Collection by Hilton is the result of another urban rehabilitation project of a 23.8M investment by Mercan Properties and has guaranteed permanent 80 jobs during construction and 32 direct jobs.

It is the first project under the Tapestry Collection brand, belonging to the international Hilton group, to operate in Portugal. Ace Hospitality Management (AHM) is in charge of the management of the hotel

The focus on design and decoration makes Sé Catedral Hotel Porto, Tapestry Collection by Hilton a unique hotel, which stands out from the rest of the city’s hotels, aiming to be a multicultural meeting point for those seeking comfort and originality.

To reinforce the relaxed atmosphere, in the various spaces of the hotel, you can find traditional and emblematic expressions of the North of Portugal.

“We believe that Sé Catedral Hotel Porto, Tapestry Collection by Hilton will be an architectural landmark in the city of Porto.

The hotel has an innovative concept, next to one of the city’s main mounuments, the Sé Catedral.

This project results from the conversion of a historic building, a UNESCO heritage in 2012, which now gives way to a modern and welcoming hotel, open to the city and visitors from all over the world”

By Mercadia NEWS 1 Comment

22 Feb

WORKSHOP ON EB-3, A U.S. LEGAL IMMIGRATION PROGRAM “EMPLOYMENT AND FAMILY IMMIGRATION OPPORTUNITIES TO THE U.S.”

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.

By Mercadia Event, NEWS 1,519 Comments

18 Feb

MoU Signing Ceremony on Real Estate Investments Between Cambodia and Portugal

This MoU signed is aiming to create a strategic collaboration among the four companies to mobilize fund, whilst urging real estate investments between Cambodia and Portugal, one of the European Union states.

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.

Jerry Morgan
CEO of Mercan Group

By Mercadia Event, NEWS 3 Comments

20 Nov

Mercan officially launches Mercadia subsidiary in Cambodia

Phnom Penh: On the afternoon of June 17, 2017, Mercan Group officially launched Mercadia Investment Consulting Co., Ltd. in Cambodia to offer customers who want to live in the EU and the United States.

Mercan Group is Canada’s largest professional and experienced immigration consulting firm. Mercan Group was founded in 1989 by Mr. Jerry Morgan. Mercan Capital Ltd., has become a leader in the field of immigration, and has developed a reputation for integrity, honesty and efficiency.

With nearly 30 years of experiences in field of immigration, investment and recruitment consulting, Mercan Group has built up its international network offices in Canada, China, the Philippines, India, Bangladesh, Vietnam, Cambodia (under MERCADIA), the United Arab Emirates and the United States, as well as Agents offices in over 30 countries.

In addition, Mercan has helped bring more than 40,000 foreigners to USA-Canada-Europe from their origins. through our recruiting companies, investment to Golden Visa project at Portugal to get resident card for hold family, we have brought almost 10,000 foreign workers to Canada, the United States, European country Portugal.

By admin Event, NEWS 7 Comments