it all depends on how the government of Cuba decides to treat this. If they open up the purchase of property to foreigners (i.e. gringos), then try to scoop up beachfront property and sugarcane fields there. Tourism will probably be a huge boon to the Cuban economy because of this due to it's fantastic beaches and close proximity to the states.

If I had the coin, I would be doing what I could to buy and sell classic cars from the island and bringing them here to America.

This post was edited on 12/19/14 at 7:57 am

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Posted by AngryBeavers

Member since Jun 2012

4554 posts

Posted on 12/19/14 at 8:33 am to kingbob

quote:
If I had the coin, I would be doing what I could to buy and sell classic cars from the island and bringing them here to America.

I was reading that the vast majority of the cars in Cuba are complete Frankenstein creations that are barely held together enough to keep running. They don't have any spare parts so they have to make their own the best that they can. A lot of the cars have been painted over with house paint to keep from rusting. I don't anticipate the Cuban government allowing the purchase of land by outsiders.

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Posted by foshizzle

Washington DC metro

Member since Mar 2008

40599 posts

Posted on 12/19/14 at 9:30 am to kingbob

quote:
it all depends on how the government of Cuba decides to treat this.

This. Keep in mind that the local government hasn't said we can just sweep on in and expect to do business just like they would in the USA. If US citizens are even allowed to set up shop at all, expect lots of petty harassment from local officials looking for a bribe at a bare minimum. It'll probably be worse than that.

That said, someone with experience and local connections could probably do well. If you grew up in Miami and your cousin is in local government in one of the other places not called Havana, for instance.

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