Over 40 main actual property professionals from throughout the Washington, D.C. Metropolitan Space received an unique take a look at Jamaica’s dynamic actual property funding alternatives throughout “Keys to Paradise,” a showcase hosted by D.C. Affiliation of Realtors and featured representations by the Embassy of Jamaica
The occasion spotlighted Jamaica’s surging property sector and the big selection of incentives obtainable to U.S. buyers.
Funding Incentives and Benefits
Delivering the keynote presentation, Ms. Aliecia Taylor, Minister Counsellor for Commerce and Financial Affairs on the Embassy, outlined the in depth advantages for buyers. These embody worker tax credit, capital allowances on industrial properties, lowered or waived stamp duties on productive inputs, and duty-free importation of capital items and supplies. Particular Financial Zones (SEZs) provide even larger benefits for firms working on the island.
“Jamaica’s strategic location gives unmatched air and sea connectivity to main international markets,” mentioned Ms. Taylor. “Coupled with robust governance, constant insurance policies, and an open funding regime, we offer a safe atmosphere for each native and international buyers.”
Infrastructure, Workforce, and Financial Resilience
Ms. Taylor highlighted Jamaica’s robust fundamentals, together with a trainable workforce of 1.4 million, trendy telecommunications and transportation infrastructure, and over 150 kilometers of recent highways constructed within the final decade. She additionally pointed to Jamaica’s increasing nationwide broadband community.
Jamaica’s macroeconomic success was a central focus. The nation has reduce its debt-to-GDP ratio from 147% in 2013 to 68.7% as of March 2025, with a goal of 60% by 2027. Jamaica has additionally sustained 16 consecutive quarters of financial development since COVID-19, excluding Q3 2024, which was impacted by Hurricane Beryl. International direct funding now exceeds US$18.9 billion.
Progress on Safety
Acknowledging investor considerations, Ms. Taylor reported notable progress in crime discount. “Jamaica has seen a 41% decline in homicides this yr in comparison with the identical interval final yr,” she said. She credited the outcomes to enhanced nationwide safety infrastructure, stronger public-private partnerships, and focused crime-reduction methods.
Trade Voices
The occasion additionally featured contributions from business leaders: Mrs. Anna-Kaye Chisholm Worth, Realtor at Coldwell Banker Realty; Mr. Damion Tyrell and Mr. Andrew Grahame of Brahma Development Ltd.; and Mr. Jason Expensive, Co-Founding father of Link2Lenders Ltd., who shared their insights on navigating Jamaica’s property market.
Embassy’s Dedication
Participation within the “Keys to Paradise” is a part of the Embassy’s broader efforts to advertise Jamaica as a premier funding vacation spot and to advance the Authorities of Jamaica’s development and improvement agenda.
