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What this tool covers

  • Buyer's share of stamp duty (2% of property value).
  • Legal / attorney fee range (2–3% + GCT, varies by attorney).
  • TAJ land registration fee (J$3,600 + rate on consideration).
  • Typical valuation report cost by parish tier.

What is not included

  • Seller's stamp duty share (also 2%).
  • Bank / NHT processing or mortgage fees.
  • Mortgage indemnity insurance (lender-specific).
  • Property survey costs (if required).

Select a Parish

MetroCoastalInterior
Adjust to estimate closing costs at any price point.

Kingston — Closing Cost Estimate

Metro

Commercial and residential conveyancing; highest average property values in Jamaica.

Stamp Duty (buyer's share)
$240,000.00
Legal Fee (low estimate)
$276,000.00
Legal Fee (high estimate)
$414,000.00
Registration Fee
$15,400.00
Valuation Report
$45,000.00
Total (Low Estimate)$576,400.004.80% of property value
Total (High Estimate)$714,400.005.95% of property value
ItemAmount (JMD)Notes
Stamp Duty (buyer's 2%)$240,000.002% of property value (buyer's share of 4% total)
Legal Fee (low)$276,000.002.3% of value + GCT
Legal Fee (high)$414,000.003.45% of value + GCT
Registration Fee$15,400.00TAJ: J$3,600 + J$0.10 per J$100 above J$200k
Valuation Report$45,000.00Typical range for Kingston
Total Range$576,400.00$714,400.004.8% – 5.95% of value

Plan your full purchase budget

Once you know your estimated closing costs, use these tools to complete your planning:

Frequently Asked Questions

What closing costs do buyers pay in Jamaica?

Buyers typically pay their half of stamp duty (2% of property value), attorney legal fees (2–3% + GCT), the TAJ registration fee, and a valuation report fee. Sellers pay the other 2% stamp duty and their own legal fees.

Is stamp duty always 4% in Jamaica?

Under standard JA conveyancing, total stamp duty is 4% of the higher of sale price or TAJ market value — split 2% buyer, 2% seller. Certain exemptions may apply (e.g. NHT-financed purchases). Confirm current rates at taj.gov.jm.

Do closing costs vary by parish?

Stamp duty rates and registration fees are set nationally by the TAJ, so they are uniform across parishes. However, legal fee quotes and valuation report costs can vary by location due to differences in attorney availability, property complexity, and market activity.

How accurate are these estimates?

These are indicative estimates based on published TAJ schedules and standard market practice. Actual costs depend on your specific transaction, the attorney you engage, and whether your financing involves NHT, a commercial bank, or a building society. Always get a formal quote from a licensed Jamaican attorney.

Does this include mortgage insurance or bank fees?

No. Lender fees (processing fees, mortgage indemnity insurance, valuation levies) are not included here. Use the Mortgage Calculator for a PITI breakdown that includes estimated insurance.