Montego Bay, St James, 18 June 2026
Jamaica is more prepared for investment now than at any time in its modern history, State Minister Delano Seiveright has told overseas Jamaicans, urging more of them to put money into the island.
Mr Seiveright, Minister of State in the Ministry of Industry, Investment and Commerce, was addressing a plenary session on 15 June, the opening day of the 11th Biennial Jamaica Diaspora Conference at the Montego Bay Convention Centre.
The case for confidence
Speaking to the conference theme of diaspora partnerships for a more resilient Jamaica, the state minister said the economy has shown it can withstand global shocks. He credited strict fiscal discipline and long-running political and economic stability, and pointed to infrastructure development, falling crime and a stable exchange rate as positive signs.
He cited international reserves of around US$6.5 billion, enough to cover more than 34 weeks of imports. That is almost three times the international benchmark of roughly 12 weeks, which he described as a strong position for a small developing country still recovering from a Category 5 hurricane.
Those fundamentals, he argued, make Jamaica attractive to investors, banks, credit rating agencies and international capital, as well as to members of the diaspora.
Partnership in recovery
The session placed cross-border collaboration at the centre of the country’s recovery, with diaspora expertise, investment and trade links presented as key to rebuilding after the storm and driving growth.
What it means for diaspora investors
For Jamaicans abroad weighing whether to buy land, build a home or invest in a business back home, the Government’s message is that the macroeconomic backdrop is stable. Healthy reserves and a steady currency matter to anyone sending foreign earnings home, because they reduce the risk of sudden swings in what their money is worth.
Official optimism is not a substitute for due diligence, however. Anyone investing from overseas should still verify land titles, use a trusted attorney, understand the tax implications and be wary of arrangements that cannot be checked in person or through a reliable representative.
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