Parish Residence is a renovation-led development opportunity — built to create durable local employment, channel diaspora investment home, and fill a real gap in Jamaica's eldercare market.
Jamaica's eldercare options are largely basic nursing facilities. Parish Residence introduces a higher-amenity, villa-style model priced well below comparable US/UK assisted living.
A large and growing population of Jamaicans abroad are reaching retirement age and actively looking for a path home — Parish Residence removes the logistical and care-quality barriers that currently discourage return.
A renovation-based model means lower capital intensity and a faster path to revenue than ground-up construction.
Total Year 1 investment
Sq ft renovation footprint
Projected annual revenue at full occupancy
Total villa units
Year 1 investment is proposed across three sources to balance risk and preserve flexibility. This is a starting model — final structure will reflect actual financing partners and investor terms.
≈ $1,725,478 contributed by Acquired Investment Realty.
≈ $2,588,216, secured by the renovated property and projected revenue.
≈ $1,437,898 from diaspora investors and private capital sources.
Beyond direct staff, Parish Residence channels ongoing spend into local contractors and vendors — cooking, cleaning, laundry, landscaping, transportation, repairs, and personal care services — keeping the investment circulating in the local economy.
Parish Residence is designed to support Jampro's goal of channeling diaspora wealth into productive domestic investment, while creating sustained employment in healthcare, hospitality, and trades.
We're exploring potential eligibility under Jamaica's Omnibus Incentives framework — including the 30% Employment Tax Credit — and, depending on final site location, possible benefits under the Urban Renewal Bonds program for designated Special Development Areas.
Identify and secure the renovation property; engage quantity surveyor, attorney, and accountant; finalize JV partner and agreement; begin Jampro and regulatory engagement.
Finalize funding sources; secure permits and zoning approvals; finalize renovation design and scope of work.
Execute renovation construction; install facility systems; procure furnishings and medical equipment.
Recruit and train staff; establish pharmacy, medical, and supplier relationships; launch marketing; begin resident pre-enrollment.
Soft launch with initial residents; phased occupancy ramp-up toward target capacity.
The complete proposal includes detailed cost estimates, staffing breakdowns, site requirements, and ownership structure.
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