Cubans Living Abroad Can Now Inherit Properties in Cuba

[El Presidente]

Cubans Living Abroad Can Now Inherit Properties in Cuba

 

Monday, June 17, 2024 by Ethan Navarro

 

The National Assembly of People's Power of Cuba (Parliament) introduced a new Migration legislative project on Tuesday, offering specific provisions for Cubans residing abroad who inherit properties in the Caribbean nation, even if they have been outside the country for more than 24 months.

According to the legislative text, Cubans living overseas have the right to inherit properties in Cuba, regardless of how long they have been away. This issue has garnered significant interest among expatriates and has been a constant concern.

The document states that despite residing abroad for more than 24 months, Cubans can retain inherited property in Cuba, with no provisions in the proposed law indicating automatic loss for this reason.

In the section related to the regulation of inherited property, the text specifies the need to comply with legal and administrative procedures to register the inheritance and secure ownership. This includes submitting the necessary documentation to the competent authorities in Cuba.

Additionally, heirs must fulfill any tax obligations associated with the inheritance, such as paying property taxes.

Although property ownership is not automatically lost after being abroad for more than 24 months, it is necessary to adhere to certain regulations established by the Cuban government to maintain these rights. Properties must be properly registered, and the owner must stay up-to-date with any administrative requirements.

Cubans living abroad can access consular services to help manage their properties and other legal matters in Cuba.

 

 

[Nevrknow]

4 hours ago, El Presidente said:

the owner must stay up-to-date with any administrative requirements.

Read: payments 😂