BUY HAVANA INSURANCE FOR YOUR REAL ESTATE IN CUBA
HAVANA HOME INSURANCE IN CUBA
Can a foreigner or Tourist buy house Insurance in Havana?
In reality the answer is "NO"
That being said lets take a closer look at Havana
Real Estate Insurance and investing in
Cuba.
Cuban houses and Real estate property laws are legally not for sale to foreigners or tourist.
However Cubans can now legally buy and sell their houses and they still can also swap their Cuban apartment for another Havana apartment via an another Cuban family in a "permuta"
Cuba Law Changed Today
In the
Cuban Law 65 about housing, the possibilities and rules are stated, but in practice this is a rather difficult matter, because a lot depends on the interpretation of the inspectors of the Vivienda Department (Ministry Of Housing). Ask one hundred Cubans (and foreigners) about Real Estate in Cuba and you get two hundred different opinions and interpretations. If you’re married to a Cuban citizen your chances are better, but the Cuban house, land or property will be registered in the Cuban citizens name. Even then it’s not an easy matter, there are still lots of uncertainty. Adivse of a specialized Cuban lawyer for a 'house swap' is recommended.
Now that
Raul Castro has changed that law after 50 years of brother
Fidel Castro rules, Cuban can now legally buy sell trade all types of real estate including their
Varadero villas, Havana houses, Cuban country side farm property and any type of Cuban real estate investment.
For more information about the ownership of a house in Cuba and Real Estate in Cuba, read the content of
LAW N°65 GENERAL HOUSING LAW.
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| Havana Insurance covers Cuba Investment Condos and Swimming Pools |
Cuban Tourist Real Estate Insurance Protection
Long term rent or lease is a possibility but Cubans , Foreigners & Tourist are better off owning their own place in Cuba. Havana Insurance is the best way to protect yourself from all type of Real estate investment problems such as hurricane damage, flooding, acts of war, Government confiscation, fire and any other type of property damage.
The other option is to continue renting from a Cuban family who owns a legal Cuba casa particular or private tourist room. These rooms are rented for a short time to tourists, but some room owners agree to long-term leases between6 months – 1 year.
Cuba Long Term Investments
Most foreigners live in Havana or Varadero where there is lots of good option to buy .lease rent or now to own. In Havana the Marina Hemingway in well-equipped rented Havana Condos or hotel suites. Havana Insurance is not a cheap solution yet its the best form of protection for you , your family and your Havana Investment.
