CUBA INVESTMENTS is your guide to the new reality of investing in Cuba.
Have you ever wondered how can I invest in a new Cuba before the American Embargo is lifted? Especially with President Obama and his new attitude towards Cuba & Latin America? How can I meet these investment requirements? What is the cost of investing in Cuban Hotels, Havana Properties or even Cuban beach from Properties? What are the Terms & Conditions of any Cuban Investment and and what is the cost? But most of all you have to ask the most important question regarding any present or even future investment in Cuba. What is the political situation? As well as What about income taxes, and other Cuban taxes such as sales tax, import duties, exit taxes, Cuban property, Cuban investment taxes for foriegners and vehicle taxes?
This Investing in Cuba Blog provides complete valuable information about all types of investments in Cuba including rental property, purchasing property, communications, transportation, food, hobbies, clubs, supplies and assistance. You´ll learn about the culture, about entertainment, recreation. The safety of the low crime rate, tricks about investment and banking, sanitation, education and the huge advantage & disadvantage rights of foreigners as well as information about Legal, Medical, and Financial professionals, and even Domestic help. This is truly an all-in-one guide, and it´s the best introduction to Cuba available from someone who has studied and written about living and investing in Cuba for years.
One good example of Cuban investing is the Canadian based publically traded company Sherritt International has invested over US$ 700m in mostly oil exploration & natural gas in Cuba. Interest has increased recently in exploring the Cuban Oil with companies from Spain (Repsol YPF), India (OLV), Malaysia (Petronas) Norway (Norsk-Hydro) and Sherritt now holding 16 Cuban blocks.
Another example of Cuban Investments is the tourism property development company Leisure Canada out of Vancouver & YM Biosiences led by Chairman David Allan, former Governor of the TSE.
In Cuba there is a massive need for project and infrastructural debt financing. This is a major strategic area for attracting foreign investment. The Cuban Central bank will facilitate visits from interested parties.
Foreign investors have operating contracts to manage approx 65% of total 4 & 5 star hotel rooms in Cuba and they are also involved in the building and refurbishment of the hotels they subsequently manage, generally making upfront payments to cover at least part of these expenses.
Other foreign involvement in the sector includes many small investors & representation agents and representatives who are based in Cuba as well as the major international investmetn groups that have been waiting on the sidelines untill the United States Embargo is finally removed. Thus this abnormal political relationship has created a vacum that allows the smaller risk tolerant investor to get in before the major intrnational investment proffessionals.
For the movers & shakers of the investment world who like to be on the cutting edge of new and excitting investment opportunities, then Cuba is the place for you. Just be careful not to fall for the most dangerous of all Cuban Investments, the smooth Cuban rum, beatiful Cuban women & fine Cuban cigars.
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