Jamaica’s tax system is complex, but understanding it is essential for individuals, businesses, and anyone earning income through online platforms. Whether you’re a salaried employee, an entrepreneur, or an e-commerce seller, knowing your obligations helps you stay compliant and avoid penalties. Overview of Jamaica’s Tax Structure Jamaica operates a self-assessment tax system, where taxpayers are…
Starting a business in Jamaica is more straightforward than many think. Whether you’re on the island or part of the Jamaican diaspora looking to invest back home, the registration process follows clear steps. Here’s a full breakdown of how to register a business in Jamaica—from idea to legal operation. Step 1: Decide Your Business Structure…
The Jamaican Stock Market has earned international attention for its high returns and vibrant growth, especially after being ranked as one of the top-performing stock markets in the world by Bloomberg in 2018. But who exactly can participate in this market—and how? Whether you’re a Jamaican resident or a foreign national, this guide breaks down…
The Jamaica Stock Exchange (JSE) is one of the top-performing stock markets in the world. For Jamaican residents and overseas investors alike, it presents an opportunity to build wealth, diversify portfolios, and tap into the island’s economic growth. This beginner’s guide walks you through how to invest in the JSE from scratch — from opening…
Buying a home in Jamaica is a major financial milestone. Whether you’re a first-time buyer, an investor, or upgrading your residence, choosing the right mortgage lender is critical. Rates, terms, and service vary widely among lenders — and small differences can cost you hundreds of thousands of dollars over the life of your loan. This…
Jamaica has long attracted buyers looking for a slice of island life—whether for retirement, investment, vacation, or relocation. But buying property in Jamaica isn’t as simple as booking a flight and signing a deed. There are specific rules, opportunities, and risks that come with the process. This guide breaks down everything you need to know…
Jamaica is stepping boldly into the digital finance arena. With the introduction of its central bank digital currency (CBDC), JAM-DEX, and a growing interest in cryptocurrencies like Bitcoin, the country is carving a path that could redefine how Jamaicans pay, save, and transact. This article breaks down what JAM-DEX is, how it compares to decentralized…
Introduction Cryptocurrency is gaining popularity in Jamaica, especially among younger investors and tech-savvy individuals looking for alternatives to traditional banking. While the Bank of Jamaica (BOJ) has not recognized crypto as legal tender, owning and using cryptocurrency is not illegal. However, there are guidelines, risks, and best practices you should follow to stay safe and…
Returning to Jamaica after years abroad is a major milestone. Whether it’s for retirement, family, or a renewed love for home, many returning residents face the same question: how do I navigate the financial system in Jamaica? From opening a bank account to managing taxes and investing wisely, here’s what you need to know to…
Opening a bank account in Jamaica is a straightforward process if you know what’s required. Whether you’re a local, a visitor staying for an extended period, or a returning resident relocating to Jamaica, this guide will help you navigate the process, avoid delays, and choose the right type of account for your needs. Why Open…