Real Estate Purchase

[Shana]

Hi All,

This is mainly directed at those who have purchased property in Jamaica. I am wondering if you carried all the money with you (and if so how) or was the money somehow wired. I am taking that step pretty soon and need some guidance.

[Bnewb]

Your lawyer should be advising you of the best way to send the money down here...legally.

[lanetop]

if you plan to carry the money,,i recommend a paper bag to carry it

[Shana]

if you plan to carry the money,,i recommend a paper bag to carry it

lol...any real and/or helpful response would be appreciated.

[Bnewb]

Shana...my info was serious. Please contact your lawyer.

[captaind]

Listen to Bnewb. Get an attorney and he/she will advise you.

Back in the day (1973) I carried the cash to buy my yard in my pocket but that was then. Also it was not very much money. Now I wouldn't even think of it.

A word to the wise........

[Vince]

Your lawyer should be advising you of the best way to send the money down here...legally.

^^^^Lisa has the answers to that subject-IMO

[Shana]

Shana...my info was serious. Please contact your lawyer.

Thanks for your advice Bnewb..I took it seriously and will contact a lawyer...my previous response was regarding lanetop's comment

[northcoast]

I opened a US$ account at a Jamaican bank & wired the money to it (for a large addition). The initial money for purchase I think was a cashiers check to my lawyer, sent via messenger.

[likkle red]

I had a US account in one of Negril's banks. When it came time to make the deposit I had my bank at home wired the money to the Ja bank and then went to the bank and got a manager's check written to my lawyer. I did the samething when it came time to totally pay off the home. I had everything set up at my bank in the states before I went down to jamaica so they knew what I was going to do with the money I had loaned from them.

I am sure your lawyer will advise you on how to go about it just like mine did.....good luck!