Quote:
Originally Posted by Barry-xlovecam
Foreign ownership of land depends on a country's laws, fair courts and governmental stability.
You don't see foreigners grabbing up cheap luxury apartments in Moscow for these reasons.
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ding ding ding
exactly right unless you are Cuban you wont be owning any land in Cuba in this lifetime.
I get why Americans dont understand this (at the time of the revolution US companies owned around 75% of all property in Cuba) when castro won and the US refused to normalize relations with Cuba Castro nationalized all US corporate owned property. A fact you wont get taught in American history classes usually.
There will be great economic opportunities for Americans as well as Cubans as a result of normalizing relations but buying up land there aint gonna happen.