Purchasing Property in Jamaica
are no legal or other restrictions on the purchase of land
in Jamaica by foreign concerns. The requirement is that
the permission of the Exchange Control Department of the
Bank of Jamaica be obtained, especially when such purchase
involves the remittance of foreign exchange to Jamaica.
At no time should a foreign concern remit foreign currency
to Jamaica for this purpose without prior consent of the
Bank of Jamaica.
persons are required to submit their request in writing
Exchange Control Department
Bank of Jamaica
Kingston, Jamaica, WI
of a suitable property is the responsibility of the purchaser
who is encouraged to do so through a legal firm or reputable
real estate agent in Jamaica.