Cuban government allows more private businesses, issues new regulations

Real estate agents, auto body workers and home builders can come out of the shadows in Cuba’s expanding private economy under rules announced Thursday that allow 18 new categories of independent employment under President Raul Castro’s economic reforms.

Among the most notable of the newly allowed private professions are real estate agents, who have long operated on the margin of the law. Even after the communist government legalized the buying and selling of homes in 2011 for the first time in decades, it was still technically against the rules to make money connecting buyers with sellers.

Read more


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s