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Cuba Real Estate Deal Structures visual context
Cuba real estate deal structures

Cuba Real Estate Deal Structures

Common deal-structure questions for Cuba: permanent residency, foreign investment, leasehold, operating agreements, and red flags.

Answer first

The structure comes before the property in Cuba: permanent resident purchase, approved foreign investment, lease, management, and operating rights lead to different risk profiles.

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

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Market notes

  • Law No. 118 recognizes approved foreign investment modalities.
  • Residential home transfers are narrower and tied to Cuban citizens and foreign permanent residents.
  • Operating a hospitality asset can be legally different from owning the building.

Due-diligence checklist

  • Define whether the target right is ownership, leasehold, usufruct, surface right, management, or revenue participation.
  • Check approval authority and documentation requirements.
  • Reject informal nominee structures without enforceable remedies.
Sources

Why this page is source-backed

Each brief keeps the evidence visible: concise answer, current statistics where available, and primary or high-authority sources.

UNCTAD Investment Policy Hub: Cuba Foreign Investment Act, Law No. 118

Law No. 118 permits approved foreign investment structures, including real estate for private, tourist, office, and tourism-development purposes.

Open source

Library of Congress: Cuba amended housing law for home sales

Decree-Law 288 opened home purchases and sales to Cuban citizens living in Cuba and foreign permanent residents, with ownership limits.

Open source

Spanish Consulate in Havana: Establishing residence and rentals

The consulate notes that renting homes to foreigners is permitted in Cuba with licensing and immigration reporting obligations.

Open source

U.S. Treasury OFAC: Cuba sanctions

U.S. persons and U.S.-linked entities must verify whether a Cuba transaction is prohibited, exempt, generally licensed, or specifically licensed.

Open source
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