After Jamaica’s 2025 general election, the Honourable Prime Minister Andrew Holness and the Jamaica Labour Party (JLP) returned to power. Turnout was at around 39 %, but the result keeps economic policy on a steady course while leaving the government with slightly less room to maneuver. For investors living abroad with strong ties to Jamaica, now is the time to think strategically about where and how to deploy capital. This playbook offers practical moves to consider.
1. Prioritise stable, growing sectors
The Honourable Prime Minister Holness campaigned on Jamaica’s low unemployment and improved public safety, and crime rates have indeed fallen. These factors support continued growth in tourism, hospitality and real estate. Diaspora investors should explore opportunities in:
- Tourism and hospitality: Safer communities and better infrastructure can boost visitor numbers and the appeal of vacation rentals and boutique hotels.
- Residential and commercial real estate: Infrastructure upgrades and urban revitalisation may enhance property values; due diligence is key.
2. Engage in infrastructure and public‑private projects
With a focus on roads, water and other public services, the government signals continued investment in infrastructure. Diaspora investors with experience or partners in construction and engineering should monitor upcoming public‑private partnership (PPP) opportunities. Partnering with reputable local firms and aligning with government priorities can help lower risk and accelerate approvals.
3. Follow labour and tax policy updates closely
Although campaign pledges have yet to be enacted, there is pressure to adjust wages and taxes. Higher wages could increase consumer spending but also raise costs for employers. Monitor announcements from the Honourable Prime Minister’s administration and be ready to revise budgets or business plans when new policies emerge.
4. Strengthen ties with local institutions and communities
Analysts caution that negative narratives within the diaspora can affect remittance flows and investor sentiment. Building relationships with local banks, business associations and community organisations can provide insight into on‑the‑ground realities and open doors for collaborative ventures. Participating in diaspora investment forums or subscribing to diaspora bonds can turn remittances into structured investments that benefit both investors and their communities.
Closing thoughts
The 2025 election outcome ensures a degree of economic stability but also brings a narrower path for new legislation. Diaspora investors are in a unique position: you know the local culture and needs, yet you operate within global markets. By focusing on resilient sectors, engaging in infrastructure opportunities, monitoring policy changes, strengthening local ties and demanding transparency, you can help shape Jamaica’s growth while protecting your capital.