Americans and other U.S. persons should assume Cuba property transactions are prohibited unless an exemption, general license, or specific authorization clearly applies.
This brief is designed for foreign buyers who need a realistic Cuba property filter before they compare locations, asset types, partners, or deal structures.
Best-fit buyer profile
Market notes
- OFAC administers the Cuban Assets Control Regulations.
- Cuban domestic law also limits direct residential purchases by ordinary non-resident foreigners.
- A U.S. buyer needs sanctions counsel before property discussions become transaction discussions.
Due-diligence checklist
- Identify whether the buyer is a U.S. person.
- Check OFAC authority before viewing, paying, leasing, or contracting.
- Screen all Cuban counterparties and banks.