It is still illegal — according to both U.S. and Cuban law — for Americans to purchase property in Cuba, but that hasn’t stopped some from trying. Their window of opportunity first opened in 2011, when Cuba relaxed a decades-long ban on the sale of property in the country, which prevented home and landowners from selling and purchasing property. Until that point, Cubans were only allowed to swap or barter their homes in deals called “permutas” (meaning “exchange”). Once the ban was lifted, Cuban-Americans with family and friends still on the island — and cash to burn — saw a way to reclaim a piece of their homeland. In the few years since, an underground foreign real estate market has flourished without much interference from either country’s government.
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