Buying property in jamaica as a foreigner

Buying a home in Jamaica is the goal of many Jamaicans and Returning Residents.

A big beautiful house on the hill or in a protected gated community, it’s the dream.

The thing is, paying rent for years just feels like dropping your money down a deep well.

It feels pointless but it’s what most of us have to deal with at some point.

The reason for this is housing in Jamaica is pretty expensive.

A pretty decent house in a good and safe area can starts at a minimum of 15-25 Million JMD.

It’s also not surprising that the National Housing Trust (NHT) dispersed 4.37 percent more main mortgage loans in the 2018/2019 financial year, as opposed to the previous one.

On a budget, more young people are utilizing the resources they require to construct (or purchase) a property in Jamaica.

But, if you’re a first-time buyer in Jamaica, it’s vital to understand the organizations involved in the purchase of a house, especially if you don’t live in the area.

The NHT and the parish council are the two

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