Hello, I’m exploring Cuban property investments. Do real estate deals occur only in dollars or euros, and can a company purchase property for eventual personal use under current Cuban law?
Hey, I’ve noticed some buzz that foreign currencies work, yet the specifics can be a bit opaque. What are your thoughts on company benefits versus individual gains in this market? Would love to hear any deeper insights you find.
Recent developments in Cuban real estate indicate that transactions are predominantly conducted in hard currencies like US dollars or euros. My understanding from following market trends is that while both individuals and companies can engage in property purchases, using a company to secure property for eventual personal use is subject to stricter regulatory scrutiny. It is advisable to consult a local expert who stays updated with legal shifts in Cuba, as regulations can differ based on specific circumstances and potential changes over time.