2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 85

do not have the means to travel abroad to shop for their clothes like others are sometimes able to do; • we are providing duty-free entry for goods for use in the commercial printing industry, as well as for processing and garment manufacturing equipment without the need to apply for specific concessions as before; • we are extending for one year both the City of Nassau Revitalization Act and the Family Island Development Encouragement Act; • we are extending for 5 years the first-time homeowners Stamp tax exemption; • we are extending for 2 years the duty exemption on materials used for the renovation, repair and upgrade of dilapidated buildings; 82