Jamaica
English-speaking Caribbean with resort-led north-coast development.
Not live yet. We're building Jamaica out — here's what's coming.
About Jamaica
Jamaica is an English-speaking, common-law island in the northern Caribbean and one of the region's most established tourism economies. Its population is about 2.8 million (World Bank, 2024), and in 2024 it welcomed roughly 2.9 million stopover visitors (Caribbean Tourism Organization), ranking second only to the Dominican Republic in the region. The local currency is the Jamaican dollar (JMD), though property prices in resort and investment areas are often quoted in US dollars.
Foreigners can own freehold property in Jamaica without restriction, taking registered title under the island's Torrens-style system administered by the National Land Agency. Buyers obtain a local Tax Registration Number (TRN), purchase funds are wired in through the attorney handling the sale, and transactions typically close in about 90 to 120 days. The headline transaction tax is a 2% transfer tax, which by statute is the seller's charge; a flat stamp duty is shared between the parties, and annual property tax is levied on the unimproved value of land at 0.5% to 0.9%.
Why invest in Jamaica
English-speaking, common-law jurisdiction with a registered (Torrens) title system, giving North American and UK buyers familiar contracts, clear ownership and no restriction on foreign purchase.
One of the Caribbean's largest tourism markets, with about 2.9 million stopover visitors in 2024 (second only to the Dominican Republic), supporting short-term rental and resort demand.
Established resort and branded-residence development along the north and west coasts, including Montego Bay, Negril and Ocho Rios, offering managed, hospitality-backed ownership options.
Light transaction taxes and no capital gains tax: a 2% transfer tax, a flat (non-percentage) stamp duty, and a modest annual property tax charged on land value.
Where investors are looking
Areas we'll cover when Jamaica goes live.
Jamaica's tourism capital and main international gateway via Sangster Airport; resort, villa and golf-led residential market.
Laid-back west-coast resort town known for Seven Mile Beach; boutique resorts and beachfront homes.
North-coast cruise port and resort hub near Dunn's River Falls, with growing branded developments.
The capital and commercial center; the island's main urban, office and apartment market rather than a beach resort.
Lush, less-developed eastern parish with an eco-luxury villa niche.
What to expect in Jamaica
Villas, condos, homes and land vetted before they go live.
Prices in USD and the local currency, with yield and cost context.
Neighbourhood, tax and financing explainers written for foreign buyers.
Are you an agent in Jamaica?
Get in early and list your properties the moment we open this market.