Purchasing Jamaica Real Estate from Afar...
There must be something about this country Jamaica, because it still attracts holiday homes for the rich and famous with the likes of supermodel Naomi Campbell; actress Jane Seymour, rock star Keith Richards and couture designer, Ralph Lauren being amongst the homeowners who have been, or still are, homeowners in Jamaica. Jamaican properties - still very much sought after.
As for Jamaicans in the Diaspora; wherever they may have settled in life, always have a deep and enduring connection to their homeland and it would be fair to say many of those who left the island and lived many years overseas, still want their very own piece of "the rock". It's a given! The all-knowing, all-seeing Jamaican 'grapevine' has it that not only do members of the diaspora want to visit their Jamaican homes as often as possible but they all strive to come back home eventually and stay.
Wherever more than two Jamaicans are abroad, they gather, they form associations and clubs. Real estate in Jamaica must be one of the many hot topics up for discussion especially for those nearing retirement age. Retiring members of the diaspora are increasingly buying up real estate and houses at a rate set to send up the prices. International mortgage financing is now readily available providing mortgages for foreign nationals, returning residents and investors and can be had in all the major world currencies as well.
This time last year in Florida, Victoria Mutual Building Society (VMBS) hosted a workshop specifically to provide information about accessing a mortgage in Jamaica and other property and investment opportunities available. The expo was staged specifically to foster greater relations with the Jamaican Diaspora and to assist in its members achieving their dream of coming home, to their own homes.
Not to be outdone, the Jamaica National Building Society's (JNBS) Florida branch organized an 'open' meeting for Jamaicans resident in that state in October 2011, specifically to facilitate Jamaicans overseas to discuss, ask and get answers to all and any questions about real estate investment in ฝากขายคอนโด Jamaica; at the same time highlighting the Society's new mortgage rates. Presentations were also made by Jamaican real estate developers as well as a representative from the National Land Agency (NLA).
According to JNBS' General Manager, Earl Jarrett, JNBS is very aware of this ever-growing interest in Jamaican real estate from Jamaican nationals in the diaspora which has resulted in the formation of partnerships with real estate developers, the NHT and the NLA as a response to the burgeoning overseas market for land and homes in Jamaica. The NLA has gone the extra mile providing an innovative 'iMap' (Jamaica application) which allows persons anywhere in the world to access land boundary information in Jamaica, via the NLA's website. JNBS, for their part, are at the ready with their Joint Financing Programme in collaboration with the National Housing Trust.
The interest, the market and the buying trend is there. Jamaica Real Estate, with all its ups and downs, is still considered a real Caribbean bargain as prices for real estate can be much higher in countries such as the Cayman Islands and Barbados and, for Jamaicans in the Diaspora, well, there's just no place like home!
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