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Buying a house in Jamaica from overseas August 18, 2014
QUESTION: I am a Canadian and my parents are Jamaica-born and I would like to buy a house in Jamaica. Can you help me out and tell me the process? - Teresa FINANCIAL ADVISER: You should have a Taxpayer Registration Number (TRN) to be able to make the purchase. If you do not, you can download the application form from www.jamaicatax.gov, complete and si...
UDC acquiring historic buildings downtown August 18, 2014
THE General Manager of the Urban Development Corporation (UDC) Desmond Malcolm says the agency will continue to acquire historic and derelict buildings in downtown Kingston, and refurbish them as part of a drive to develop more office space to attract businesses and government offices. This strategy, he said, should also capture the low real estate prices...
Real Estate Players Jittery About Tax February 23, 2013
Edmond Campbell, Senior Staff Reporter AT LEAST two major players in the real estate market say the sharp increase in property tax, transfer tax and stamp duty will have a significant impact on the cost of housing, particularly in the middle and upper ends of the market. However, there is a divergence of views in relation to the impact on low income ho...
Real Estate Listings Go Hi-Tech April 17, 2010
Real Estate Listings Go Hi-Tech Published: Sunday | April 18, 2010 by Avia Collinder, Business Reporter In a move which has the potential to stimulate a soft real-estate market, the Realtors Association of Jamaica (RAJ) says next month it will launch a Web-based multiple-listing service (MLS) designed to make property listings availab...
ILLEGAL BUILDINGS March 23, 2010
6 out of every 10 developments not approved, says KSAC BY INGRID BROWN Observer senior reporter email@example.com Tuesday, March 23, 2010 DESMOND McKenzie yesterday said that 60 per cent of new buildings in the capital city are being constructed without approval from the Kingston and St Andrew Corporation (KSAC) and warned that the loc...