30 May '14, 12pm

Cuba to offer visa with property - Property Auctions News, Property Investment | PropertyGuru

Cuba has become the latest country to offer residency visa alongside property purchases made by overseas buyers and investors. The Caribbean island republic joins the likes of Spain, Portugal, Cyprus and Ireland as one of a growing number of countries that offer some form of residency visa with property purchases made from overseas. Cuba’s Ministry of the Interior recently announced that a “temporary residence” visa would be available for foreigners who either buy or rent real estate. The visa will also be extended to foreign relatives who may wish to use the property, the announcement said. The announcement added that foreigners “may carry out activities related to tourism and business duly authorised by the existing legislation,” however anything deemed to be “unauthorised activities” will require a special permit. The visa will be withdrawn when the property ownership e...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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