Cuba Sees Creation of New Property Market

Details of new legislation in Cuba have just been announced, which if passed on November 10 by the General Assembly will allow the creation of a property market for the first time since Fidel Castro swept to power. The new legislation would give residents the right to sell, exchange or donate property in the event

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Cuba Reforms May Usher In Real Estate and Travel Boom

Raul Castro’s economic reforms face a test before Cuba’s Parliament this week. Experts believe Cuba’s government will pass laws to allow Cuban citizens to buy and sell real estate. This, and other reforms proposed by Castro, could propel Cuba into a new era of progress. Some fear the changes may usher in another era of corruption however.

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