We have ‘ready to go’ property portfolios in Ireland for Hong Kong residents to invest in.

Investment will get your funds returned plus+ substantial return, as well as a European Union Passport.

URBAN organises; the Legals, Banking, Passports, any Architectural Design, Project Management, Construction - All In-House.

Ireland is ranked first for High Value Foreign Direct Investment in the World

Get in touch with us to find out about residency rights in Ireland under the Government’s Immigrant Investor Programme.

The Immigrant Investor Programme was established in 2012 during the financial crisis and is administered by the Department of Justice.

It’s widely used to secure investments from groups of foreigners for single projects such as housing, primary care centres and nursing homes.

The Immigrant Investor Programme enables foreigners from outside the European Economic Area to secure residency in Ireland for an initial period of two years.

The residency can be extended up to 10 years if certain criteria are met, and successful applicants and their families don't have to actually live in Ireland, but must visit once a year.

To qualify, the applicants must apply to invest via the programme in one of four categories.

One option is to invest at least €1m across any number of Irish companies for a minimum of three years. The businesses can be a start up established by the investor, or an existing business registered in Ireland. The investment must support the creation or maintenance of employment.

Alternatively, investors can opt to make a minimum investment of €1m in an approved investment fund; invest a minimum of €2m across real estate investment trusts listed on the Irish stock exchange; or provide a minimum philanthropic endowment of €500,000 to be used in a project to benefit the public in the arts, sport, health, cultural or educational fields.

Email us on: hello@urbanac.ie or call us in Dublin on +35312544488 to discuss how we can help you invest in Ireland and Europe and gain an EU passport

Prime Cost sums in construction (PC or PC sums) is a sum in the contract to provide an idea of the basic cost/price of some material or items for pricing the tender. Most of the time, for the material items, which are with a range of a price (like Tiles, Sanitary fitting, Light fittings, etc.) to price bid on an equal basis.

It is a sum provided for work or services to be executed by a nominated subcontractor, a statutory authority or public undertaking or for materials or goods to be obtained from an approved supplier.

The main contractor is eligible to get his mark up and attendance costs to the above allowance.

Benefits of allowing Prime cost sums also later on client or consultant can make certain changes of the specification changes to the prime cost items without causing any variations.

Actual cost may be higher or lower than the allowed Prime cost sum, and in such cases, the contractor is required to provide all the relevant cost details with supportive documents & justify this actual cost.

Summary:

A PC sum is an allowance/money provision.
It is provided for getting work or materials from a nominated subcontractor or supplier.
Main Contractor is eligible for Profit Mark up or attendance costs.
PC Sums are added items like; tiles, sanitary items, lighting fixtures, etc., to get an idea of the price of such particular material or item to be priced by the tenderer.
It is provided for a certain element of the works that are not adequately described, or such details can not be given at the tender stage for tenderers to price accurately.

Invest in property in Ireland and Europe and gain an EU Passport

PC Sums in Construction - What do they mean?