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Jamaica Wealth & Property Tax

Detailed wealth & property tax rates and rules for Jamaica in 2026.

Wealth TaxJMD

Wealth Tax

Jamaica does not impose a wealth tax.

Wealth Tax Rate

0%

Inheritance / Estate Tax

Jamaica imposes a transfer tax of 1.5% on the value of estates passing on death, plus stamp duty of 1%. This is relatively low by international standards.

Top Rate

1.5%

Property Tax

Property tax in Jamaica is levied annually on the unimproved value of land. Rates range from 0.5% to 1.5% based on property value thresholds. Major reforms have updated valuations in recent years.

How Jamaica Wealth Tax compares

Jamaica does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.

Other countries that also skip this tax

Jamaica Wealth Tax FAQ