Insight

Education – one of Ireland’s biggest strengths

30/07/2020
Education – one of Ireland’s biggest strengths

If you’re currently seeking to emigrate from Hong Kong with your family then Ireland is a prime destination. As well as having a historically well-performing economy which is tipped to bounce back well from coronavirus, Ireland has an exceptional education system. This is not only good news for the future of your family, but also for your investment opportunities, as research has shown that education is the key to strong economic development.

Most educated country in Europe

Ireland has gained renown in recent years for being the most educated country in Europe. Half of all people aged between 25 and 64 have a level 3 qualification above (equivalent of HKQF 1), higher than all other countries in the EU. Very few young people leave education early in Ireland, helping to ensure a population that is well-trained and well-educated for the future.

Recent research in the US has highlighted the need for lifelong learning, and Ireland’s education system is well-primed to support this. According to McKinsey, “Just as the transition from an agrarian economy to an industrialised one resulted in universal high school, today’s increasingly tech-driven economy calls for new skills, a new educational approach, and a new learning lifespan.” Ireland now boasts a significant presence of most major tech companies in the world, such as Microsoft, Dell, Intel, IBM, SAP, Facebook, LinkedIn, Twitter, HubSpot and PayPal to name but a few. With over 100,000 people in Ireland employed by tech companies and the continuous demand in the tech industry, it makes sense to equip graduates with the right skills to meet employers’ demands and employees are provided with continuous learning opportunities.

It should also be noted that all Irish education is carried out in English, and that Ireland is now the only English-speaking country in the EU, making it well set-up for both global business and your family’s education.

A quality education for your family

In addition to Ireland’s robust education system making it a good place to invest, it also means that you can rely on your children getting a good education. Furthermore, once you’ve successfully applied for the Immigrant Investor Program (IIP) your family will be entitled to free public elementary and junior high schools, and low undergraduate and postgraduate tuition fees.

Bartra Wealth Advisors provides immigration specialists and end-to-end services for helping clients apply for the IIP. Bartra can help you secure your family’s future.