Real estate is likely one of the best investments you’ll ever make. As an asset, they appreciate over time and so, in comparison to other investment options such as stocks, which are commonly volatile, buying a home is a safer financial venture. Today, for example, properties in Jamaica are particularly robust for long-term investments. Among others, here are seven reasons to invest in Jamaican real estate right now:
1. Jamaica is conducive to growth and was named the number one Caribbean country to do business and to invest by Forbes. Almost every sector in Jamaica has seen an inflow of investment, which has positively impacted the island. Today, Jamaica enjoys a stable economy that is steadily improving over time.
2. Everyone wants a piece of the rock. Foreign investors dominate the high-end real estate market in Jamaica. Since Jamaica has little or no restrictions for international homeowners, it’s easy to purchase a home on the island, and many foreigners are taking advantage of it. As such, Jamaica has a very active expat community who has expanded their investment dollars beyond just local real estate.