The Impact Of The Cuban Foreign Investment Act Of 2014 On Foreign Real Estate Investments

Mondaq Business BriefingCuba Law Articles in EnglishInternational Law (2014)

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The Impact Of The Cuban Foreign Investment Act Of 2014 On Foreign Real Estate Investments

Business Insights: Cuba

Cuba's National Assembly passed the Cuban Foreign Investment Act of 2014 earlier this year, authorizing foreign investment in all sectors other than health and education for its population and military institutions (with the exception of the military commercial system). Chapter 6 of the Act permits foreign investors to acquire ownership and other property rights over Cuban real estate. Specifically, Article 17 authorizes real estate investments and permits the ownership of real estate or other property rights, but such investments must be ...

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