Buying a home in the United States: where buyers have more negotiating power despite mortgage rates

The Cuban government has enacted Law 187 regarding housing, which took effect on Wednesday, October 21. The new legislation changes the legal status of properties owned by Cuban citizens residing abroad, ensuring that these individuals no longer face the automatic loss of their homes due to emigration.

While the law preserves property rights for those living outside the country, it also introduces specific obligations that owners must fulfill to maintain their holdings. This shift marks a notable adjustment in the state's approach to property ownership and the rights of the Cuban diaspora.