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.
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Law No. 118 permits approved foreign investment structures, including real estate for private, tourist, office, and tourism-development purposes.
Open sourceDecree-Law 288 opened home purchases and sales to Cuban citizens living in Cuba and foreign permanent residents, with ownership limits.
Open sourceU.S. persons and U.S.-linked entities must verify whether a Cuba transaction is prohibited, exempt, generally licensed, or specifically licensed.
Open sourceDirect financial transactions with listed Cuba Restricted List entities are generally prohibited under the Cuban Assets Control Regulations.
Open sourceThe May 7, 2025 advisory lists Cuba at Level 2 and highlights crime, unreliable electrical power, and OFAC travel restrictions for U.S. persons.
Open sourceONEI data reported 2,604,092 travelers and 1,810,663 international visitors in 2025, below 2024 levels.
Open sourceReporting based on ONEI data said hotel occupancy fell to 18.9% in 2025 and international tourism revenue declined.
Open sourceECLAC frames the region as low growth with investment, productivity, employment, and fiscal constraints heading into 2026.
Open sourceThe consulate notes that renting homes to foreigners is permitted in Cuba with licensing and immigration reporting obligations.
Open sourceUNESCO describes Old Havana's historic urban fabric, plazas, arcades, balconies, courtyards, and conservation constraints.
Open sourceUNESCO describes Trinidad's historic domestic architecture and the Valley de los Ingenios as a World Heritage cultural landscape.
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