AURA - Association of Unified Realty Agents

31/05/2026

Strengthening Relationships, Building Opportunities — AURA Executive Team at the Event Dinner-Together We Grow,
One Conversation at a Time.

20/05/2026

Local real estate association partners with Assuria to provide insurance coverage for agents - Kaieteur News https://kaieteurnewsonline.com/2026/02/20/local-real-estate-association-partners-with-assuria-to-provide-insurance-coverage-for-agents/

19/04/2026

Business as usual ..meeting/ dinner !

09/04/2026

Major step forward as Aura Parthers With Assuria General Insurance

04/03/2026

Members of the AURA Executive Committee met with
Senior Management of the Guyana Revenue Authority
(GRA) to discuss matters affecting the real estate industry. The discussions covered taxation policy, compliance enforcement, operational procedures, and industry collaboration.

1️⃣ Mortgage & Property Tax Policies
• Mortgage interest is deductible on loans up to a maximum of $30 million. Only fully residential properties qualify for mortgage interest relief. Mixed-use properties are not eligible.
• Individual homeowners pay capital gains tax only on net profits after allowable deductions.
• All properties continue to be valued for tax purposes based on their estimated 2011 valuation.
• Real estate holding companies are taxed annually based on the net value of holdings as of December 31, where net holdings exceed $40 million.

2️⃣ Income Tax & Agent Obligations
• Part-time real estate agents receive a $50,000 monthly income exemption before taxes apply.
• Agents collecting commissions are responsible for taxes on the full commission amount, unless they provide GRA with receipts and identification details for sub-agents. • Taxes are required to be paid quarterly, based on assessment of prior year income — not annually.
• GRA automatically applies a 5% late charge on overdue taxes.

3️⃣ Compliance & Enforcement Measures
• GRA will aggressively pursue tax collection from all parties involved in transactions, including both local and overseas agents.
• GRA is actively tracking all real estate transactions and will issue tax assessments based on transaction submissions.
• A Tax Compliance Certificate does not automatically confirm compliance; individuals or companies may still be blacklisted if found non-compliant.
• GRA will ensure all stakeholders in the real estate sector — including overseas agents — are properly registered and compliant.

4️⃣ AML & Reporting Requirements
A detailed analysis of AML (Anti-Money Laundering) reporting requirements was presented.
• Emphasis was placed on:
• Verification of source of funds
• Submission of Suspicious Activity Reports (SARs) where necessary.
5️⃣ Administrative Improvements
• GRA committed to a two-week turnaround time for license applications.

6️⃣ Industry Collaboration
AURA’s proposed training programs were received positively.

• GRA expressed enthusiasm and committed to cooperation in supporting professional development within the industry.

Conclusion
The meeting reinforced GRA’s intention to strengthen compliance, improve administrative efficiency, and increase enforcement within the real estate sector, while also demonstrating willingness to collaborate with AURA on training and industry development initiatives.

28/02/2026

AURA WORK TEAM!

23/02/2026

19/02/2026

An opportunity for everyone, to add additional income without much effort..become an agent or referral agent!

15/02/2026

AURA - Association of Unified Realty Agents
AURA FIRST CONFERENCE
THAT WAS HELD AT THE NEW PEGASUS CONFERENCE CENTER! ON THE 8TH OF JANUARY 2026!

15/02/2026

AURA - Association of Unified Realty Agents 2nd conference that was held at the new Pegasus conference center! On the 12th of February 2026!