Chat ’bout Real Estate and ting!
By Howard Jr. on Mar 5, 2010 in Commercial, For Buyers, Foreign Investors, Local Real Estate News | 0 Comments
The Air Jamaica building, corporate head-quarters for the national carrier, is on the market for sale, as the airline counts down to a final agreement with prospective buyer Caribbean Airlines of Trinidad.
Sale of the five-storey 32,802-square foot building, located on Harbour Street and overlooking the Kingston waterfront, was expected.
By Howard Jr. on Nov 25, 2009 in For Buyers, For Realtors, For Renters, For Sellers, Foreign Investors, Home Owners, News, Relocation, Returning Residents | 0 Comments
The Multiple Listing System (MLS) may be familiar to those of you from the USA and Canada, but may be a bit of a mystery to those from elsewhere. The basic idea of the MLS is that all the (RAJ) Member firms have agreed to share their property listings and work together on all MLS [...]
By Howard Jr. on Jul 29, 2009 in Buying Your First Home, For Buyers, For Realtors, For Sellers, Foreign Investors, Home Owners, Local Real Estate News, Returning Residents | 1 Comment
BY Alicia Dunkley Observer staff reporter dunkleya@jamaicaobserver.com
The Government yesterday made another attempt to stimulate Jamaica’s flagging real estate market by moving the original January 1, 2010 implementation date for the further reduction in stamp duty and transfer tax fees to August 1 this year.
In May of 2008, the administration announced that Stamp Duty would be [...]
By Howard Jr. on May 29, 2009 in For Buyers, For Realtors, Foreign Investors, Just About Anything, News on International Real Estate, Relocation, Tips and Advice | 0 Comments
WASHINGTON, May 14, 2009
Citizens of other countries represent an important segment of the U.S. home buying market, and now new special visa categories that allow foreign nationals to gain U.S. residency can help facilitate that process. By using these visa categories correctly, Realtors® will be able to help many more buyers from overseas purchase property [...]
By Howard Jr. on May 19, 2009 in Foreign Investors, Just About Anything | 0 Comments
Tuesday, May 19, 2009
THE Bank of Jamaica (BOJ) yesterday launched its latest denomination – a $5,000 note featuring the image of former prime minister Hugh Shearer which it says will become legal tender in September.
According to BOJ Governor Derick Latibeaudiere, the new bill became necessary in response to international benchmarks as well as the need [...]
By Howard Jr. on May 6, 2009 in Commercial, For Buyers, Foreign Investors, Local Real Estate News | 2 Comments
Government plans to sell off just under $10 billion in assets held by the Urban Development Corporation (UDC) this fiscal year, including the sale of stake in a number of hotels.
According to the Jamaica Public Bodies Estimates of Revenue and Expenditure for the year ending March 31, 2010, the UDC is expecting to generate net [...]
By Howard Jr. on May 4, 2009 in For Realtors, Foreign Investors, News on International Real Estate, Returning Residents | 0 Comments
As countries worldwide face declining real estate sales, a growing number are easing restrictions that prevent foreign ownership of property.
For instance, Beijing suspended a one-year residency requirement for foreign nationals who want to buy a home.
In March, the Cayman Islands lowered transfer taxes from 7.5 percent to 5 percent on waterfront properties, and the Cayman [...]
