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GOB Announces Stamp Duty Waiver for Public Officers

On the economy and business fronts, the Briceno Administration has ordered that the Stamp Duty be waived at lending institutions by way of residential mortgages. The beneficiaries for this order are all public officers – including those who are permanently established, open vote or contract. These include personnel of the regional hospitals, police and security forces, as well as teachers from government and grant-aided schools, and employees of the Karl Heusner Memorial Hospital Authority. According to the Ministries of Natural Resources, Finance and Investment, the order took effect from September 24. Love News understands that the category of residential mortgages ranges from financing to purchase house and land, house construction, house renovation and/or the purchase of land for future home construction.