Jamaica
What do I need to know when buying property in Jamaica?
When we asked expats what advice they would give a foreigner before buying a property in Jamaica, they said...
"Buying a home here is a process, and you do not want to leave that home empty six months out of the year… It will be vandalized, burglarized, and taken over by squatters… Depending of course, where are you buy a house," remarked another expat in Montego Bay, Jamaica.
"1. Before buying property in Jamaica, it is important to research the laws governing real estate and property transactions in the country. 2. Familiarize yourself with the various types of property available and how to purchase it, such as through a real estate agent or by directly purchasing from an owner. 3. Decide whether you want to buy a single-family home, an apartment, a condo, land, or something else. 4. Research the title history and determine the current zoning for any property you are interested in buying. 5. Consider seeking advice from a local real estate attorney to properly navigate legal issues, such as for the due diligence process, title transfer, and contract reviews. 6. Budget for additional taxes and fees associated with the purchase of a property. 7. Obtain an inspection from a qualified professional to determine the condition and structural integrity of the building. 8. Have proof of funds available to demonstrate your ability to obtain financing if needed. 9. Be prepared to negotiate the price and other details of the purchase to come to an agreement," said a member in Jamaica.
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Other Questions:
- What do I need to know before retiring in Jamaica?
- How do I meet people in Jamaica?
- What is life like in Jamaica?
- Is there a lot of crime in Jamaica?
- Is there a lot of diversity? Are people in Jamaica accepting of differences?
- What are the schools in Jamaica like?
- Is the cost of living in Jamaica high?
- What advice do you have for expats having a baby in Jamaica?
- What are healthcare services like in Jamaica?
- Is the cost of living in Jamaica high?
- What type of recreational facilities are in Jamaica?
- What is the weather like in Jamaica?
- Are there good restaurants in Jamaica?
- Where will I buy groceries and do other shopping in Jamaica?
- What are the visa & residency requirements in Jamaica?
- Are healthcare and health insurance expensive in Jamaica?
- What do I need to know when buying property in Jamaica?
- Are foreigners allowed to own property in Jamaica?
- What appliances are typically included in a rental?
What do I need to know when buying property in Jamaica?
If you live in Jamaica, newcomers to Jamaica would love to hear your answer to this question:
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
