Jamaica Stamp Duty

Tax Authority · TAJ

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Stamp Duty on Jamaican property purchases is administered by Tax Administration Jamaica. The buyer pays a percentage of the property value (rate varies by transaction type and statutory amendments); historically around 4%, split with the seller in some structures. Stamp duty must be paid before the transfer can be registered at the National Land Agency.

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About real estate in Jamaica

Jamaica welcomes foreign property buyers with no restrictions on freehold ownership. Beachfront villas in Montego Bay, Ocho Rios, and Discovery Bay range from $400K to 0M. Negril West End cliff homes start under

00K. Kingston apartments in New Kingston, Liguanea, and Norbrook serve the professional market. Treasure Beach offers boutique investment villas with strong rental yield. Blue Mountains hideaways and Port Antonio estates round out the luxury market.

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