Purchasing Property in Jamaica

Can Foreigners Buy Property in Jamaica?

Yes! Foreigners can buy property in Jamaica without restriction. Whether you’re a U.S. citizen, part of the Commonwealth, or from another country, buying land in Jamaica as a foreigner is allowed.

However, owning real estate in Jamaica does not automatically grant residency. Citizens of the United States and most Commonwealth countries can stay in Jamaica visa-free for up to six months, making property ownership practical for investment, vacation, or retirement.

How to Purchase Property in Jamaica as a foreigner

Purchasing property in a foreign country can feel daunting, especially when you’re navigating unfamiliar real estate laws in Jamaica. Beyond assessing whether the investment is worthwhile, you must also consider how to manage and maintain your asset from abroad. Property laws in Jamaica vary significantly from other countries, so understanding how real estate transactions in Jamaica work is essential before taking the plunge.

If you’ve already decided to buy property in Jamaica, here’s a clear, step-by-step guide for non-residents and foreigners.

Step 1: Obtain a Tax Registration Number (TRN)

To start a property transaction in Jamaica, you must obtain a Tax Registration Number (TRN) from Tax Administration Jamaica. This is mandatory for paying duties, taxes, and registering your property.

Step 2: Find the Right Property and Real Estate Support

Your reason for purchasing, whether retirement, rental income, or purchasing your vacation home, will guide your property search.

If you haven’t yet selected a property, we strongly recommend working with a licensed real estate agent in Jamaica who understands local zoning laws, valuations, and title verifications.

You may also need:

• A land surveyor to confirm property boundaries

• A property valuator to assess market value

Planning to build or renovate?

Base Legal can assist you in navigating Jamaica’s local planning and zoning laws, ensuring your plans comply with all local regulations.

Step 3: Understand Financing and Closing Costs in Jamaica

Purchasing property in Jamaica typically requires a 10% deposit. Beyond this, closing costs in Jamaica can add another 5% of the purchase price, to include:

• Stamp duty;

• Registration fees;

• Attorney’s fees; and

• Other administrative expenses

Most property sales are in Jamaican Dollars (JMD), though prices may be quoted in United States Dollars (USD). Base Legal helps clients coordinate secure foreign currency transfers and manage compliance checks when wiring funds internationally.

Some Jamaican banks also offer mortgages for non-residents if you meet income and creditworthiness requirements.

Step 4: Hire a Real Estate Lawyer in Jamaica

Hiring a qualified real estate attorney in Jamaica is critical. At Base Legal, our attorneys will:

• Issue an estimate of costs associated with your transaction;

• Conduct due diligence inquiries;

• Draft or review the Agreement for Sale;

• Manage the transaction and deadlines; and

• Protect your interests through every stage of the transaction
  

Attorney’s Note:

An experienced property lawyer in Jamaica ensures the vendor has legal authority to sell, informs you of any encumbrances on the title, and negotiates terms in your best interest. If the risks are too high, they may even advise against proceeding.

Step 5: Secure Transaction Funds Safely

Typically, after agreeing on terms, the vendor requests a deposit. The balance of the purchase price must be paid some time thereafter and you may:

• Send funds to the Vendor’s Attorney-at-Law to hold in trust until the transaction is complete or cancelled, or

• Instruct your own attorney to manage the funds and oversee disbursement in keeping with the terms of the Agreement for Sale and your instructions.

Base Legal maintains client funds in trust accounts and ensures disbursements are handled securely.

Step 6: Monitor the Closing Process

Real estate closings in Jamaica usually takes between 90–120 days.

Your real estate lawyer will monitor progress, flag delays, and keep you updated on any outstanding actions.

Step 7: Complete Registration and Take Ownership

Upon completion:

• The Certificate of Title with your name will be issued by the National Land Agency (NLA);

• You will receive the keys to your property and be granted full access and control; and

• Your attorney will provide you with the relevant documents to register for utilities and property tax payments.

Buyer’s Tip: Property ownership in Jamaica carries annual property tax obligations. Although the amount is modest in comparison to other countries, consult with an accountant regarding these obligations to ensure continued compliance.

Final Thoughts: Work with an Experienced Real Estate Lawyer in Jamaica.

Buying land or investing in property in Jamaica is an exciting opportunity, but navigating local laws can be complex.

At Base Legal, we help overseas clients through every stage, from obtaining your TRN to completing secure transactions.

Ready to purchase property in Jamaica?

Contact Base Legal today for trusted legal guidance.