Cuba has published its new Housing Law, designated as Law 187 in the Official Gazette, which introduces significant regulatory changes regarding property ownership on the island. Announced on Wednesday in Havana, the legislation officially recognizes the right to own up to two properties.
In addition to the property ownership cap, the new law establishes real estate activity as an official form of management. Crucially, the legislation also eliminates the previous practice of confiscating property from citizens who leave the country.
The policy changes mark a notable shift in Cuba's domestic and real estate regulations, expanding property rights and altering how the state handles housing left behind by emigrating citizens.
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