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Going Global: 5 Things Jamaican and European Property Contracts Have in Common
6 min read
•Published February 8, 2026Going Global: 5 Things Jamaican and European Property Contracts Have in Common
Believe it or not, buying a house in Kingston has legal parallels with buying in London or Lisbon.
- The Deposit is King: Whether it's 10% in Jamaica or 10% in Spain, the deposit secures the deal.
- Title is Everything: The Torrens system (used in Jamaica) and European Land Registries both prioritize the registered title over everything else.
- Taxes on Purchase: Transfer Tax/Stamp Duty in Jamaica mirrors the ITP in Spain or IMT in Portugal.
- The Role of the Lawyer/Notary: You simply cannot proceed without legal representation to verify the title.
- Anti-Money Laundering (AML): In 2026, expect strict "Know Your Customer" (KYC) checks everywhere. You must prove the source of your funds.