Jamaica Election 2016

Andrew Holness and the JLP win the February 25 general election by 32 seats to 31 — the narrowest margin…

Andrew Holness and the JLP won Jamaica’s 3 March election by a razor-thin margin. As this April edition goes to press, the Panama Papers — a massive global leak of offshore financial records — are breaking today, with profound implications for the Caribbean’s BVI, Cayman Islands, and offshore property structures.

JLP’s narrow election victory on February 25 hands Andrew Holness the keys to Jamaica’s housing agenda, with Project Housing and private sector partnership at the heart of his plans.

Trinidad Carnival 2016 delivered a spectacular economic boost in February. Today, 3 March 2016, Jamaica goes to the polls in a tightly contested general election — the outcome unknown as this edition goes to press. Caribbean property investment continues despite oil headwinds.

As Jamaica’s February 25 general election approaches, housing policy is at the heart of the contest between PNP and JLP, with voters demanding real solutions to the 100,000-unit deficit.

Jamaica’s housing market enters 2016 with improving momentum as the NHT’s expanded lending ceiling, declining rates and a stable macro backdrop lift buyer confidence.