According to chief representative officer of JN Bank in South Florida, Janice McIntosh, Jamaicans in this part of the diaspora are projected to spend an estimated US$4 million (J$581 million) on real estate investments in the near future.
“Pre-COVID, we have had a number of Jamaican applicants who are desirous of holding down real estate in Jamaica, so they have got pre-approval with us to see how much they are qualified for based on credit reports and income information.
McIntosh said confidence in Jamaica has increased due to the island’s ability to keep cases and fatalities relatively low.
Donovan Irving has worked in the United States hospitality industry for upwards of a decade and is one of the Jamaicans who recently returned to Jamaica after being without work in Miami, Florida, after the Trump International Hotel closed its doors due to the pandemic.
Speaking with The Sunday Gleaner while in quarantine at the Bahia Principe Hotel in St Ann, Irving said he has no regrets being home despite the inconveniences being suffered.
