Invest in Cuba Oceanfront Homes

 New ways to invest in Cuba and buy oceanfront homes

Prior to the revolution of 1959, for decades, Cuba embraced capitalism and issued stocks and bonds for commerce and infrastructure. Cuba has, to date, defaulted on its issued bonds and they no longer trade on the New York Bond Exchange because of the Helms Burton Law. Since the ascent to greater power of Raul Castro, many investors are once again looking for enlightened change in Cuba and want to invest, in some manner, to benefit from increasing GDP and business within Cuba.

The plans to invest in Cuba marched very well in Havana of end of the Nineties. The government had authorized a Canadian firm of entrepreneur, interested in investing in Cuba, the construction and sale of oceanfront apartments and even signed a contract of $250 million dollars. However, Fidel Castro cancelled the project, which provoked not few critics and disappointment in others interested by the idea of investing in Cuba.

A decade later, the possible construction and sale of oceanfront homes  seems increasingly; although the expert on the subject suggest to go slowly and to study the steps adopted by the government , presided by Raul Castro in the form of investing in Cuba. The Cuban president recently signed an executive order, providing a green light to the expansion of projects to invest in Cuba, which includes the construction of 16 golf courses, in beach areas. These fields would be surrounded by luxurious oceanfront, whose prices would oscillate between 250 thousands and the million dollars. The Cuban Minister of Tourism, Manuel Marrero, declared that as of January of 2011 the negotiations with prospect investors will be opened to those interested on investing in Cuba in the construction of 16 golf courses; even thought the official stated there are already four projects that are well advanced in processing permits.

Invest in Cuba Beachfront Condos

The reasons for the sudden change in the government of the Island are in which it would represent the Cuban tourism to obtain a leap towards an unexplored segment: the one of luxury travel, that it has between his potential market to the United States, a nation that counts on almost ten thousand clubs of golf players and three million yachtsmen, many of which, in case of a relaxation from the Washington embargo, could be interested to invest in Cuba. Among the most developed concrete proposals is that of a group of British businessmen seeking, and to construct a second golf course in the main tourist to invest in Cuba, specifically in Varadero, where they intend to build a second golf course and the main tourist attraction of the island. Besides the playground, they would rise 900 houses, many of them in facing the  sea and an pleasant comfort luxury, since the cost of one of these houses in front of the ocean could exceed a million dollars.

Another proposal to invest in Cuba, lead by a group of Canadian investors is a plan to construct two golf courses and nearly 2,000 homes in the exclusive seaside area of Guardalavaca, in the province of Holguín, the eastern part of the country; a popular tourist destination which attracted two million, 430 thousand visitors in 2009. Included in the list of prospect investors in Cuba is a group of Canadian who would finance the Bellomonte project, in the beach of Guanabo, in the capital of the country. There the idea is to construct a golf course, a small marina and 800 homes.

In spite of the great media coverage that its received the new law on the possibilities to invest in Cuba, Minister Marrero, himself clarified several aspects because the procedures of the operations are not yet defined, specifically those related to the people that could acquire the beachfront properties, those that could invest in Cuba, as well as if the owners could sell the land. Experts concurred on emphasizing these concerns when the Cuban government, as of 2011, offers more details on the operations, then one could only expect a true interest to investing in Cuba.

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CUBA SHUT FOR 50 YEARS NOW OPEN FOR TOURISM & BUSINESS

CUBA HAVANA TRAVEL GUIDES

CUBA OPEN FOR BUSINESS & AMERICAN TRAVEL
American can finally travel to Cuba after decades of Cuban embargoes thanks to American President Obama's "people-to-people" cultural trips to Cuba for anyone. The Cuba-U.S. travel restrictions that have been in place for 48 years, now Cuba travel trips will showcase culture and direct interactions with Cuban artists and citizens. Soon Americans will be able to go for an inclusive resort beach vacation even though it goes against the spirit of the regulations because it's propping up the Fidel & Raul Castro regime and doesn't benefit the Cuban people. Cuba has lots to offer than the beaches."

Cuba Travel companies and other Travel & vacation agents are awaiting licenses approvals so they can start offering trips to Cuba, Havana, Varadero and the rest of Cuba. Right now you can travel to Cuba for three, seven or eight nights. Departures are from New York, Chicago, Los Angeles and even Miami to Havana is only 30 minutes flight. One thing to remember is that Cuba is one of the worlds safest tourist destinations with very little crime. Americans can walk around the streets of Havana without fear of being robbed, raped or murdered. Cuba is Safer than any place in the USA.

The American embargo against Cuba has been in force since 1963. Up to now virtually no American could legally visit Cuba.  That was changed for Cuban Americans with family there along with religious groups or academic researchers could visit. Even people to people cultural trips were allowed briefly from 2000-03 under a Clinton administration program.  The Bush administration shut Cuba travel down completely for the next seven years. President Obama is now opening the doors to Cuba once again.

Now, the American people to Cuban people exemption has reopened.

American Cuba Travel Demand

Lets be clear. Americans have been sneaking in and out of Cuba for years through third countries like Canada and Mexico. But if you're caught, you can be fined. Over 200,000 Americans travel to Cuba illegally every year through Mexico or Canada," says Cuban Travel officials. Most American Tourists don't want to take that kind of risk. So this is an incredible opportunity to go to Cuba even though no one knows how long it will last.

Over 5 Million American tourist will travel to Cuba just based on the huge pent-up demand for the Cuban forbidden fruit and the chance to visit this a mysterious land, so close to American shores. People are excited to travel to Cuba is so close geographically and so culturally familiar so once Americans arrive it's about the intriguing and romantic and fantastic atmosphere. Its about the Cuban people and not all politics about Fidel Castro and communism.

 Cubans are a warm and gentle people. Life exists there with incredible fun, dancing, music a a true love of life. It's like going back in time to the 1950's. So much of Cuba is untouched. You go and feel like it is Cancun in 1977. It hasn't been homogenized."

Now is the time to visit Cuba this year While American tour companies get their Cuba licenses within the next month or so, you'll hear the ads beckoning you come visit Cuba the hidden paradise of the Caribbean.


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CUBA MAJOR REAL ESTATE REFORMS

Cuba Travel Guide

CUBAN'S  CAN BUY AND SELL PROPERTY
Havana. Cuban Communist Party leaders say Cuba will try to balance its budget, repay all its foreign debt, no longer support loosing state operated companies, and finally allow Cubans to buy and sell their private property according to a new blue print circulated in front of a major congress designed to save Cuba's cash-strapped island from total financial disaster.

The economic reform paper was given out to all the local Cuban party activists this week during a meeting by the new President of Cuba, Raul Castro, in which he announced that Cuba would hold a do or die Communist Party Congress in Havana next year. The economic document recommends abolishing the dual-currency system and seeking new ways for individuals to finally be able to buy and sell thier own private property without hassles. These proposals are not new, however having them discussed openely in public makes clear that the congress will be allowed to set a new economic direction for Cuba at least in terms of economic ideas.

CUBA CHANGES ECONOMY
The last meeting which last took place in 1997, has been traditionally used to announce major policy changes and its to be held at least every 5 years, but it has been delayed repeatedly as Cuba had to deal with health issues of Fidel Castrom and a serious financial crisis. There has been predictions that the future of former Cuban president Fidel Castro's role as the head of  the Cuban Communist Party chief might also be discussed at the congress. A Communist Party meeting also stated that will be held at some later point in the spring of 2011 however Cuban President Raul Castro made no mention of his brother, Fidel Castro, in his speech."The Sixth Party Congress will concentrate on a solution to our economic problems," stated Raul Castro on Cuban TV.

The economic report will outline areas for discussion that gives a accurate assessment of Cuba's current economic devastation, saying that Cuba now suffers from a terrible innefficiency and a lack of capacity in both production and infrastructure and a much older aging population. The report also states that Cuba has suffered a great deal due to a 2003 decision to attempt to centralize control over foreign currency, with layers of bureaucracy that make it almost impossible for state owned businesses to operate properly.

CUBAN ECONOMY
The Cuban economic paper is titled "Guideline Project for Economic Policy," and clearly states that inefficiency and incompetence have grown expotentially by neglect and a little bit of simple bad luck. From 1997 to 2009, Cuba lost $10 billion Dollars because of a drop in world prices of the products Cuba sells most including sugar, tobacco and nickel, combined with and a spike in the prices of products it is forced to import, such as oil and many basic foods. The same document states that Cuba, the island was hit by a record 16 hurricanes in that approximate period, causing another $20 billion in damage to the island. That $30 Billion dollar damage has been an enormous blow for a country with an annual gross domestic product thought to be about less than $40 billion . However the proposals makes it clear that there will be no change in Cuba's communist one-party, socialist political system.

Raul Castro stated in the Cuban newspapers "Socialism is still capable of overcoming the current difficulties and preserving the victories of the revolution,". This summit of the Cuban Communist Party congress came at a celebration of the 10th anniversary of an economic agreeemnt with Venezuela, which has become Cuba's most important benifactor by sending billions of dollars worth of oil to Cuba every year just to keep the Cuban economy afloat. Castro also stated that the meeting will make important decisions on how to modernize the Cuban economy and implement economic and social policy of the Cuban communist party and the revolution of Cuba.

CUBA AND VENEZUALA
The younger Cuban leader was together with Venezuelan President Hugo Chavez, who promised to continue supporting the Cuban people both economically and politically, as the two countries reaffirmed the pact for another decade.  President Chavez praised Cuba's Castro brothers for having the courage and vision to change the world. He stated "Raul's courage in modernizing socialism must be recognized," adding that his government would "join" the island going forward.

Since Raul Castro took over from his older ailing brother Fidel Castro in 2006 temporarily, then permanently, Raul has pursued a series of major economic reforms for Cuba. In the summer, Cuba announced it was laying off a 500 thousand government workers while opening up new sectors for private citizens to start  ther very own private businesses for the first time. Those layoffs will be completed by this spring , just ahead of the economic congress.


RAUL AND FIDEL CASTRO
Raul Castro also has begun to roll back the deep food subsidies, utilities and many other public services on which Cubans have depended upon for many decades. Former Cuban President Fidel Castro who just turned 84, still remains the leader of the Communist Party and is still referred to as Cuba's commander in chief.
After five years out of the public realm, the revolutionary leader bounced back on the political landscape this sumemr and now makes frequent appearances to discuss world affairs, particularly his fear that a nuclear confrontation between the United States, Israel and Iran is inevitable.

Since Fidel's health improved, many speculated Fidel would step aside from his top party position at the next party congress however Fidel has shown no sign that he is ready to step aside and leave Cuba in the hands of his younger brother. Cubans must now wait till the next Cuban congress to see how this effect the future of Cuba.


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CUBA CLASSIC CARS A STRANGE COMBINATION

 

 CUBAN1950'S CHEVY CLASSIC ANTIQUE CAR 

CARS AND CUBA. A STRANGE COMBINATION

Havana, CUBA- Cuba is a world of its own often compared with a walk into a time machine.
An interesting example of this is that unbeknown to the rest of the world, Cuba even has its own unique system of branding your license plate to quickly identify to the world who you are and what rights you have and don't have in Cuba.

The spectrum of color coordinated license plates and special codes tell the ever watching eye of authority how important you are in the Cuban political and Economic system, your nationality, where you work and your rank.

In short your Cuban license plate say it all as you drive in posh 5th avenue or along the seaside Malecon.

Cuba's  system of colored license plates was copied directly from the KGB in former Soviet Union. This coding system is yet another way Cuban authorities have kept control on their people and foreigners for decades.

Cuba Government Owned Cars
To be fair the fact is that the Cuban government owns most 95% of all the cars in Cuba. Cuban Government vehicles have blue plates with letters and numbers that indicate when and where the vehicle can operate.
Blue Cuban Cars cannot be used for personal use and can only be used for official government or professional purposes.

The risk to take your car to the beach is that there are many Traffic Inspectors strategically planted along most highways out of town and other high-traffic areas, stopping official cars to check their routes and to make sure they aren't being used for taking your family to the beach.

Top Cuban executives at government firms have light brown colored plates that allow more leeway yet they still may only be allowed to use their vehicles to travel to and from work.

Yet another form of control is what it really is said Emilio Perez, a chauffeur who is driving a Black Mercedes to escort elite foreign officials around Havana.

Russian Cars in Cuba
Since 1960's the Soviet Union was Cuba's God father and benefactor. For decades all Cuban license plates were boring black and white, and the first two letters specified the province where the car was registered.
The third letter determined the state or private ownership depending on the status.

The Soviets also had a very special Code of numbers for embassy license plates determined by country's recognition of the Russian Revolution: Plates for Britain, which is the first foreign country to accept the czar's ouster are still 001.

Cuba fashioned its own similar system with the first letter in the license plate indicating the 14 provinces the car originates, H is from Havana.
The letter K is "Particular" or "privately owned" car by a person or by a foreign firm.

Military Cars in Cuba
The powerful Military vehicles have mint-green with no front and only rear plates. Olive-green plates are for vehicles of the Ministry of the Interior, including El Comendante, Fidel Castro's fleet of armored black Mercedes 280s, which were built in the early 80's.

The  most valuable seem to be  the black plates are for reserved exclusively for foreign diplomats who don't have to adhere to traffic laws.
White plated cars of Cuban government ministers or heads of state organizations also drive as if they have diplomatic immunity but with reserved caution in case they are in danger of being replaced.

Cuban Classic Car Rentals

Diplomatic Cars in Cuba
Ironically its the last 3 numbers on diplomatic plates that show the professional rank of the driver. If you're behind a Mercedes with black license plate 179-002, that means the car belongs to the second most-important officer from the Russian embassy.
Even though everyone's supposed to be equal under Cuban socialism most everyone in Cuba knows that that is not true especially when a modern shiny black sedan with black license plates speeds along 5th Avenue in Miramar, Havana as if to show "I'm more important than you"

Decades ago Cuban officials' cars were Soviet imports, as the Cubans were encouraged to drive Russian Ladas or other square slow cars. Now many Cuban vehicles are imported from China or bought from Havana's Peugeot, Fiat and Mercedes dealerships, adding variety to the white-plated fleet.

Tourist Rental Cars in Cuba
Even the Toursit rental cars get maroon plates and foreign journalists, religious leaders and Cubans managers for overseas firms have orange plates.

If you see Red then its provisional plates that allow vehicles to circulate while Cuban authorities sort out just what color category is required.

American Classic Cars in Cuba
Best of all the countless 50year old American Classic roadsters that create a living moving museum along the island's potholed streets have bright yellow license plates, meaning they are normal vehicles owned by ordinary Cubans.

These dinosaurs from the good old days of Detroit's chrome-and-tail-fin era are still dominant on most Cuban roads because ordinary Cubans can not own new cars. Cubans can  buy and sell only cars manufactured before the Castro's took power in 1959.

As yet another form of Control the buying of any newer vehicles requires Cuban government permission - including justifying how you can afford a car when the communist state controls well over 90 percent of the economy and pays employees an average of about $10 to $20 a month.

All this maybe confusing for a foreigner, but for Cubans it's normal.  As they say in Cuba "No es Facil"

RENT CUBAN CLASSIC 1950's ANTIQUE CARS

On your next Cuba Vacation you can Rent cars in Havana or Varadero Cuba.