Living and Investing in the New Cuba.
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A view of what the future holds for cuba |
This guide deals mainly with the current realities of living and investing in Cuba, and will assist you with these important questions:
- What is required to become a legal resident? Can I meet these requirements? What is the cost? How often does residency have to be renewed, what are the conditions of renewal and what is the cost? What is required to visit, or while you are waiting for residency?
- What is the political situation? What about income taxes, and other taxes such as sales tax, import duties, exit taxes and vehicle taxes?
This eBook is complete with valuable information about rental property, purchasing property, communications, transportation, food, hobbies, clubs, supplies and assistance. You´ll learn about the culture, about entertainment, recreation. The modest crime rate, investment and banking, sanitation and the rights of foreigners are all covered, 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. | 
Buy this EBOOK also from: Costa Rica Books | Here is part of what this one-of-a-kind guidebook contains: - Secrets for success in Cuba
- How to choose where to live in Cuba
- How to keep busy and happy in Cuba
- Where to meet people and even find love and romance in Cuba
- Tax savings for foreigners living abroad
- Proven shortcuts for learning Cuban-style Spanish
- 1000's of tips for everyone including baby boomers, retirees and entrepreneurs
- Plus loads of insider info and all the dos and don'ts of living and investing in Cuba
| Guide to
Cuban Spanish  |
 This book also offers assistance to anyone seeking a safe, affordable place to live outside of the United States and Canada. It contains all of the ins and outs, dos and dont’s, rules of thumb, insider information and invaluable data about all aspects of living in Cuba or any other country in Latin America. It shows you how to stay busy, where to reside, how to learn Spanish, where to find companionship. It provides you with novel, sure-fire ideas for starting businesses and, best of all, gives you a head start before you even move to Cuba. It is based on 40 years of research and proven methods in the field of relocation to Latin American countries.
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Embargo is now tighter, Cuba says of U.S. trade |
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Articles About Cuba -
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Cuba says the U.S. trade embargo against the island has toughened under President Barack Obama.
Cuban Foreign Minister Bruno Rodríguez said Wednesday that enforcement of the 48-year embargo, which Havana calls a "blockade," has become stricter in some areas. He said since Obama took office, the United States has levied larger fines and applied sanctions more vigorously.
Rodríguez said the embargo has cost the island $751 billion and Obama has not lived up to expectations for U.S. policy toward Cuba.
Last year, President Obama called for a new beginning in relations with Cuba and eased restrictions on travel and money transfers by Cuban-Americans to family in Cuba. However, he left the trade embargo in place, saying it is up to Cuba to take the next step.
The United States and Cuba do not have diplomatic relations. They have interests sections that are technically part of the Swiss embassies in each other's capitals.
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Cuba faces big reforms as it embraces privatization |
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Articles About Cuba -
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Cuba's government plan to lay off half a million state workers and encourage them to move into private sector jobs is part of a sweeping economic reform. Economic experts say Cuba faces several challenges in fostering private businesses.
For months, President Raúl Castro has been warning about inevitable layoffs in the state sector, which represents 95 percent of Cuba's economy. He says the state is struggling because too many workers are redundant and have low productivity.
Monday, the Cuban Workers Confederation unveiled a plan that includes cutting more than 500,000 state employees by April. The labor union group says the government cannot continue to support entities with inflated payrolls and losses that drag down the island's economy.
Washington-based economist George Montalvan says the plan is in response to an economic crisis. He says Havana made a similar move when the Soviet Union and its financial support of Cuba collapsed in the early 1990s.
"They are doing something that is similar, but definitely of greater magnitude because 500,000 individuals is 10 percent of the Cuban labor force," he said. "So it is a lot of people."
Cuban officials say most of those people can be absorbed into private sector jobs as the government prepares to relax rules on non-state industries. The workers confederation says new reforms will allow Cubans to lease land, form cooperatives and become self-employed.
Cuba made a similar move in the 1990s when it allowed people to open small restaurants and hostels, and allowed businesses to accept U.S. dollars. Analysts say the current plan might go even further, by allowing businesses to hire employees and lease property.
John Kavulich, U.S.-Cuba Trade and Economic Council senior advisor, says many questions remain about how these changes will be implemented. He says current laws make it nearly impossible for Cubans to form a small business.
"They have to make available the means of production," he said. "If someone needs a machine for example, does the person own the machine? Does the government own the machine and lease the machine?"
Another question is where Cubans will find the money to finance their own businesses. George Montalvan says many foreign investors are wary of Cuba because of its history of failing to pay back loans and not respecting foreign ownership rights.
He says some Cubans might receive remittances from relatives abroad, but that it is unclear how the government will allow people to use that money.
"The Cuban government does not have the wherewithal to finance, in any important way, small businesses," he said. "So the question is: where is that financing going to come from?"
The proposed reforms also might have a strong social impact for a Communist state that for decades has sought to eliminate class divisions.
Analyst Kavulich says that opening the door to private enterprise might enable some business owners to prosper, especially in the eyes of other Cubans. He says it is unclear whether Cuban officials are ready to allow that to happen.
"The Cuban government does not do well with success; it tends to penalize it," he said.
Earlier this month, former Cuban leader Fidel Castro was quoted by a U.S. journalist as saying that the Cuban model no longer works, even for Cuba. He later said he was misquoted and that he believes capitalism does not work.
The latest reforms, analysts say, suggest that the Cuban government led by Raúl Castro is ready for a change to overcome the country's economic crisis and build Cuba's future.
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