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Sources and research base

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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

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

Federal Register notice: Cuba Restricted List update

Direct financial transactions with listed Cuba Restricted List entities are generally prohibited under the Cuban Assets Control Regulations.

Open source

U.S. State Department: Cuba Travel Advisory

The May 7, 2025 advisory lists Cuba at Level 2 and highlights crime, unreliable electrical power, and OFAC travel restrictions for U.S. persons.

Open source

Excelencias Cuba summary of ONEI 2025 tourism data

ONEI data reported 2,604,092 travelers and 1,810,663 international visitors in 2025, below 2024 levels.

Open source

OnCuba / EFE: 2025 hotel occupancy and tourism revenue

Reporting based on ONEI data said hotel occupancy fell to 18.9% in 2025 and international tourism revenue declined.

Open source

ECLAC: Preliminary Overview of Latin America and the Caribbean 2025

ECLAC frames the region as low growth with investment, productivity, employment, and fiscal constraints heading into 2026.

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

UNESCO: Old Havana and its Fortification System

UNESCO describes Old Havana's historic urban fabric, plazas, arcades, balconies, courtyards, and conservation constraints.

Open source

UNESCO: Trinidad and the Valley de los Ingenios

UNESCO describes Trinidad's historic domestic architecture and the Valley de los Ingenios as a World Heritage cultural landscape.

Open source
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