(Hong Kong, 9 December 2021) Mr. Antonia Hugh, Ambassador and Extraordinary & Plenipotentiary of Embassy of Jamaica in People’s Republic of China and Mr. Liu Chi, Minister Counsellor of Embassy of Grenada in People’s Republic of China, visited the Realord Group. Dr. Bryan Lin, Chairman of Realord Group and Mr. Ma Chao, Chairman of Caribbean Education Industry Group Limited, introduced the main businesses of the group and the latest status of educational real estate investment projects in Latin America to the two guests. In addition to an in-depth discussions on those real estate projects in Latin America, the two ambassadors also introduced to the Group some investment projects related to urban gas, mineral development, infrastructure, wind and solar storage clean energy, smart grid, and new energy development in the Caribbean.

On December 2, 2021, Realord Group announced that the Deed of Gift that 70.5% of the shares of Caribbean Education Industry Group Limited held by Dr. Bryan Lin will be irrevocably undertaken to transfer to the Group. Caribbean Education Industry Group holds approximately 1.82 million square meters of an educational real estate development complex projects in Grenada, and lands with no less than 4 million square meters in the Republic of Panama, which will be planned as a comprehensive educational real estate project. This transfer will continue to expand the operating scale, market position and geographic coverage of Realord Group’s property investment, and at the same to develop new business segments in the future.

According to the "2021 International Education Exchange Open Report" released by the International Education Association IIE, mainland Chinese students have become the largest source of international students in the United States for 12 consecutive years. However, from 2020 to 2021, the number of Chinese college students will drop by 14.8% from the previous year.

The Blue Book of "China Study Abroad Development Report (2020～2021)" co-studied and compiled by the Globalization Think Tank (CCG) and the Development Research Institute of Southwestern University of Finance and Economics pointed out that self-funded is still in the main proportion of study abroad of Students in China. Thus, the trend of popularization of study abroad is more obvious.  Despite the impact of the epidemic, travel may be temporarily suspended, but the willingness to go abroad to pursue high-quality education has not been substantially weakened. Due to factors such as Sino-U.S. relations, many Chinese student families have begun to consider choosing a country that is more livable and has a well-controlled epidemic.

Located in the Caribbean Sea, Grenada has been selected by National Geographic as one of the top ten travel destinations in the world.  No global income tax, capital gains tax, and inheritance tax in there. It is one of the most open offshore investment centers in the world.

Caribbean Education Industry Group is committed to providing one-stop services for global overseas students and high-end European and American tourists from investment consulting, purchasing qualified units (or sharing), submitting citizenship applications, financing loans, tax planning, and overseas asset allocation and management.

In early 2021, the Hartman Group, a subsidiary of the Caribbean Education Industry Group, has invested in Grenada, a Caribbean country, by purchasing a large amount of lands and plans to develop a "Hartman University Town" project, which will integrate university living quarters, apartments, hotels, and resorts, as a comprehensive cultural tourism landmark education real estate project integrating with entertainment services. The project is expected to not only create job opportunities for the local area, but also inject new development impetus into Grenada and the Caribbean.

Hartman University Town is located in St. George, the capital of Grenada, adjacent to the international airport. Covering an area of 148 acres. It is developed by Hartman Education Enterprise Limited and is advanced communication with a US based university to establish a campus within the town provides a four-year curriculum, implementing the 2+2model, that is, studying in Grenada for two years, and then studying in the US for two years.

Hartman University Town is surrounded by mountains and waters, surrounded by dense tropical forests, dazzling Caribbean Sea and tranquil national parks. The plan adopts the concept of "people-oriented, harmony between human and environment", integrating environmental protection, ecology and humanities, providing comprehensive supporting facilities for academic research, experimentation, living and apartments, and it will become a pearl of education in the Caribbean in the future.

It is reported that the Hartman University Town and Resort Project in Grenada, together with its designer BAI Design International Limited, won the three platinum awards of Urban-Design, Conceptual and Property-Development of 2021 the Titan Property Awards, the highest selection of real estate design. In addition, this project also won 2021 ICONIC AWARDS, German and 2021 Architecture Masterprize, the United States, and 2021 MUSE International Creative Platinum Award.

Panama, which is also located in the Caribbean Sea in Latin America and about three hours' flight time from Grenada, is one of the earliest areas of Chinese immigrants over a 150 years history. There are 4.3 million people, on which approximately 6% of the population are Chinese.  In order to improve the educational facilities and services for the local Chinese societies, Caribbean Education Industry Group plans to operate different levels of international school facilities such as kindergarten, elementary and middle school facilities in Panama, in which teaching Chinese, English and Spanish in parallel.

The Hartman University Town project was approved by the Grenada government in March 2021 and became a qualified citizenship by investment immigration project. According to public information, this project is also the only approved educational real estate project in the Caribbean Investment Immigration Program. According to the relevant laws of Grenada, invest at least US$220,000 into eligible projects approved by the government. The whole family, including spouse, children, parents, siblings, can apply for Grenada citizenship. At the same time, the subsidiary of the Caribbean Education Industry Group has also obtained the marketing agency license granted by the Grenada government and has become an officially recognized licensed marketing agency in Grenada, which can promote and Hartman University Town and resort projects around the world. According to the approval document of the Grenada government, the first phase of the Grenada government has approved the granting of quotas to nearly 4,000 families in the Hartman University Town project to apply for Grenada citizens. Based on an average investment of US$220,000 per household, the completion of the first phase of sales alone will bring up to US$880 million in revenue for the group. In addition to visa-free entry into China with a Grenada passport, there are more than 140 countries that exempt the passport or allow visas on arrival, including France, Germany, Italy, Switzerland, the United Kingdom, Singapore and other countries. For global business travelers who need to travel frequently and those who love to travel, having a Grenada passport will provide greater convenience for global travel. As long as you have a Grenada passport, you can apply for an American E-2 visa. The E-2 visa is for citizens of countries that have bilateral treaties with the United States. The E-2 visa has no schedule and no residency requirements. It is very suitable for investors who want to quickly start a business and live in the United States. In addition, the Ministry of Finance of Grenada announced the first half of the data of the Grenada Citizenship by Investment Program, and the investment in the Citizenship by Investment Program is on the rise. Statistics show that in the first half of 2021, Grenada received a total of 226 applications (176 in the first half of 2020), an increase of 28.4% over the same period last year.

In the first half of 2021, the total income of the citizenship by investment program was 119 million East Caribbean dollars, of which: real estate investment contributed 71 million East Caribbean dollars, the National Transformation Fund contributed 34 million East Caribbean dollars, and government expenses were 14 million East Caribbean dollars.

On August 18, 2021, the “Professional Wealth Management” (PWM) magazine under the “Financial Times” released its fifth annual report: “Global Citizenship Guide: 2021 Citizenship by Investment Project Ranking”, Grenada ranked the third. The four major pillars, including no residency requirements, efficient and clear application process, transparent and efficient due diligence process, which can include more affiliated applicants. The report stated: "Family inclusion, emphasis on due diligence, and enhanced supervision of real estate projects have become the future development trend of naturalization by investment projects."