^{Jamaican immigrants in the United States have the highest percentage of homeownership among immigrants from the Americas. The CIS data shows that over 53 percent of Jamaican are homeowners. There are an estimated 760, 000 foreign-born Jamaicans living in the United States. Additionally, there is an estimated 1,171,915 descendants of Jamaican living in the United States who are also homeowners. If we have a median valuation of $350,000. per home that would amount to over $150bn in housing assets. If we can manage just 10% of that assets in our Bank and Trust platform we would have over $7.5bn to manage. If other groups join us the stake would be much higher.
Another feature of the platform is wealth management and money transfer. The money transfer to the Caribbean is over $18bn in 2021 and continues to increase. Our platform with it’s latest technology in card services and telebanking is expected to enjoy a brisk market share in that space. The newly emerged cannabis market is also a lucrative income earner as the platform dynamic feature will enable us to be a big player in that market}

The high percentage of Jamaican homeownership in the United States presents a significant opportunity for a bank and trust platform to manage the assets. With over 53% of Jamaican immigrants being homeowners, and an estimated 1,171,915 descendants of Jamaican also owning homes, there are potential housing assets of over $150bn if we consider a median valuation of $350,000 per home. Even if just 10% of these assets are managed by the platform, it would amount to over $7.5bn.

In addition, the platform offers wealth management and money transfer services. With the money transfer to the Caribbean being over $18bn in 2021 and continuing to increase, the platform’s latest technology in card services and telebanking is well positioned to enjoy a significant market share in this space.

Furthermore, the newly emerging cannabis market is a potentially lucrative income earner for the platform. The dynamic features of the platform will enable it to be a big player in this market, as well as providing a means for Jamaican immigrants and descendants to invest in the industry.

Overall, the high rate of Jamaican homeownership in the United States presents a significant opportunity for a bank and trust platform to manage assets, offer wealth management and money transfer services, and capitalize on the emerging cannabis market.