Jamaica · Investing
Jamaica Economic Residency (proposed)
Jamaica Economic Residency Programme (JERP, proposed)
First checked against official sources on , some details partly verifiedChange log
Key facts
Economic Residency (proposed) is an investing route for Jamaica. Checked 2026-10-10 against the official source.
What you'll need
Who can apply2
- The programme is proposed for foreign investors who create new sources of income and generate investment.
- The proposal provides for permanent residency, not citizenship, and needs to be enacted into law.
Steps2
- Applicants first need a Tourism/Business visa to travel to Jamaica.
- Standard operating procedures and visa protocols for the programme are to be developed under the National Visa Policy.
What happens at day 183
How Jamaica decides tax residence and treats foreign-source income, from its tax records.
- Tax residence
- More than 183 days in a stay in JamaicaExpatriates not normally domiciled or ordinarily resident in Jamaica who stay more than 183 days are resident for income tax and PAYE purposes (TAJ Employers' Guide)
- Foreign-source income
Jamaica residents report income from sources outside the Island as the amount arising or accruing, whether or not it is received in Jamaica (Form IT02 instructions), at 0% up to the annual threshold of JMD 1,876,614 (≈ $11,800) effective for 2026 (JMD 1,902,360 (≈ $12,000) from 1 April 2026), 25% above it and 30% on statutory income above JMD 6,000,000 (≈ $37,700); expatriates assigned to Jamaica who stay more than 183 days are resident.
All tax rules for Jamaica Tax records checked
Full official text
Proposed residency programme for foreign investors who create new sources of income and generate investment; applicants first need a tourism or business visa to travel. 1
Requirements
- The programme is proposed for foreign investors who create new sources of income and generate investment. 1
- The proposal provides for permanent residency, not citizenship, and needs to be enacted into law. 2
- Applicants first need a Tourism/Business visa to travel to Jamaica. 1
- Standard operating procedures and visa protocols for the programme are to be developed under the National Visa Policy. 1
Official sources
- National Visa Policy (Green Paper), 19 March 2024 · Ministry of National Security, Jamaica · checked 2026-10-10 · published 2024-03-19
- Programme in train to grant residency to foster investment · Jamaica Information Service · checked 2026-10-10 · published 2021-05-12
Economic Residency (proposed) and its alternatives
| Route | Money needed | Stay | Work |
|---|---|---|---|
| Economic Residency (proposed) | – | – | – |
| Investor residence Mexico | Needs an investment of MXN 5.4M+ ≈ $294k | 4 yr | With a permit |
| Investor M · Property Colombia | Needs an investment of COP 612.8M+ ≈ $192k | 3 yr | Limited |
| Investor residence · $200k Costa Rica | Needs an investment of $200k+ | 2 yr, renewable | – |
| Investor · R$500k in a company Brazil | Needs an investment from BRL 150k ≈ $30k | – | – |
Questions people ask
How are Economic Residency (proposed) holders taxed in Jamaica?
No special regime in our records is tied to the Economic Residency (proposed). The standard rules apply: Residents are taxed at 0% up to the annual income tax threshold (JMD 1,876,614 (≈ $11,800) effective for 2026), 25% above it and 30% on statutory income above JMD 6,000,000 (≈ $37,700); PAYE is deducted with employee NIS of 3% (to a JMD 5,000,000 (≈ $31,500) ceiling), NHT 2% and Education Tax 2.25%.
More in Jamaica
Investment visas elsewhere
≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated.
Ask the AI about this route AI
An AI assistant answers from the published records on this page and cites them. It can't assess your personal eligibility. Don't include personal details.
How this was checked
Checked on 2026-10-10 against 2 official sources. Status: partly verified; the page marks the facts an official source does not fully confirm.
Every figure on this page comes from the official source it links to. The record was researched against these sources, then reviewed separately, with special attention to effective dates and amendments. Where a source does not state something, the page leaves it out.
- National Visa Policy (Green Paper), 19 March 2024 · Ministry of National Security, Jamaica · checked 2026-10-10
- Programme in train to grant residency to foster investment · Jamaica Information Service · checked 2026-10-10
Tracked since 2026-10-10. Rule changes and corrections are listed on the changes page, and the methodology page explains how facts are checked. Found something out of date? Email contact@stayglobe.app with a link to the official source.