Building Wealth Long-term in Jamaica: The Challenging Reality

It pains my heart to witness many of Jamaica’s bright minds have become squeezed if you will, into accepting a world where they have to conform to the monetization rules of the powerhouses in Technology & AI (Google, YouTube, Meta…); and International laws/International policies (United States of America)–that market itself as the place of choice to live and enjoy life.

I get it, if you’re like me (also on social media), then you too are bombarded with social media content daily, whereby multiple content creators from overseas, promote their mostly lavish earnings from their exploits as a content creator on the top platforms like Tik Tok, YouTube & Facebook. And you will hear and see, also on social media, the general purchasing power of the US dollar; as well as the vast size of commerce & economic opportunity of the United States. This exposure presents to us vividly, the reality of the gap in economy and opportunity, between the United States of America & Jamaica. And this economic gap inadvertently is your challenging reality, as a resident of Jamaica.

Notwithstanding this challenging reality, you have the opportunity of building wealth long term in Jamaica. This is so due to the relatively less competition present within the Jamaican market (competition with solutions & structure ready for a global market), relative to those within the United States of America.

In this blog article, I present you with 3 steps to do this. Each of these steps is co-dependent with the other. Once you apply all of these steps, you will be well on your way towards building wealth, long term, whilst residing in Jamaica, or a similar economy.

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