You can earn tax-free returns on your five-year investment in an IML Tax Saver
Account. Your long-term goals such as ownership of property, further education
and pension, will be realised with greater ease.
- Maximum tax-free investment of J$1,000,000 annually
- Investments are made in low-risk, secure Government instruments such as Repurchase Agreements, Local Registered Stocks and Treasury Bills
- Minimum investment $250,000
- Interest is paid twice annually
- Up to 75% of the interest earned can be withdrawn each year
- Remaining interest is paid at the end of five years if no withdrawals were made from the principal during the investment period.
- Low-risk investments