Properties Jamaica | Jamaica Real Estate Portal

Stamp Duty & Transfer Tax Cuts Brought Forward

In April of this year, the Minister of Finance and the Public Service – Audley Shaw – announced in Parliament that effective January 1, 2010, stamp duty would be reduced from 4.5% to 3%, and transfer tax from 5% to 4%. This was seen as an effort to help boost Jamaica’s ailing real estate market, [...]

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