CUBA announced yesterday it will allow real estate to be bought and sold for the first time since the early days of the revolution,Lions jerseys authentic the most important reform yet under President Raul Castro.
The law, which takes effect on November 10, applies to citizens and permanent residents only, according to a red-letter headline on the front page of yesterday's Communist Party daily newspaper Granma.
The brief article said details of the new law would be published imminently in the government's Official Gazette.,Moncler men jackets, Authorities have said previously that sales will be subject to taxes and the rules will not allow anyone to accumulate property holdings.
The change follows October's legalization of buying and selling cars, though with restrictions that still make it hard for ordinary -Cubans to buy new vehicles.
Castro has also allowed citizens to go into business for themselves in a number of approved jobs - everything from party clowns to food vendors to accountants - and has pledged to streamline the state-dominated economy by eliminating half a million government workers.
Cuba's government employs more than 80 percent of workers in the island's command economy, paying wages of just US$20 a month in return for free education and healthcare, and nearly free housing, transportation and basic foods.
Castro has said repeatedly the system is not working since taking over from his brother Fidel in 2008, but he has vowed that Cuba will remain a socialist state.
Cubans have long bemoaned the ban on property sales, which took effect in over the years Fidel Castro came to power in 1959. In an effort to fight absentee ownership by wealthy landlords, Fidel enacted a reform that gave title to whoever lived in a home. Most who left the island forfeited their properties to the state.
Since no property market was allowed,,Cheap moncler vests, the rules have meant that for decades Cubans could exchange property only through complicated barter arrangements, or through even murkier black-market deals where thousands of dollars change hands under the table, with no legal recourse if transactions go bad.
Some Cubans entered into sham marriages to make deed transfers easier. Others made deals to move into homes ostensibly to care for an elderly person,Moncler women's jackets inheriting the property when that person dies.
The island's crumbling housing stock has meant many are forced to live in overcrowded apartments with multiple generations crammed into a few rooms. Even divorce has not necessarily meant separation in Cuba, where estranged couples are often forced to live together for years while they work out alternative housing.
The new law eliminates a state agency regulating the exchange-by-barter of homes, meaning from now on sales will need only the seal of a notary, according to Granma.
The law, which takes effect on November 10, applies to citizens and permanent residents only, according to a red-letter headline on the front page of yesterday's Communist Party daily newspaper Granma.
The brief article said details of the new law would be published imminently in the government's Official Gazette.,Moncler men jackets, Authorities have said previously that sales will be subject to taxes and the rules will not allow anyone to accumulate property holdings.
The change follows October's legalization of buying and selling cars, though with restrictions that still make it hard for ordinary -Cubans to buy new vehicles.
Castro has also allowed citizens to go into business for themselves in a number of approved jobs - everything from party clowns to food vendors to accountants - and has pledged to streamline the state-dominated economy by eliminating half a million government workers.
Cuba's government employs more than 80 percent of workers in the island's command economy, paying wages of just US$20 a month in return for free education and healthcare, and nearly free housing, transportation and basic foods.
Castro has said repeatedly the system is not working since taking over from his brother Fidel in 2008, but he has vowed that Cuba will remain a socialist state.
Cubans have long bemoaned the ban on property sales, which took effect in over the years Fidel Castro came to power in 1959. In an effort to fight absentee ownership by wealthy landlords, Fidel enacted a reform that gave title to whoever lived in a home. Most who left the island forfeited their properties to the state.
Since no property market was allowed,,Cheap moncler vests, the rules have meant that for decades Cubans could exchange property only through complicated barter arrangements, or through even murkier black-market deals where thousands of dollars change hands under the table, with no legal recourse if transactions go bad.
Some Cubans entered into sham marriages to make deed transfers easier. Others made deals to move into homes ostensibly to care for an elderly person,Moncler women's jackets inheriting the property when that person dies.
The island's crumbling housing stock has meant many are forced to live in overcrowded apartments with multiple generations crammed into a few rooms. Even divorce has not necessarily meant separation in Cuba, where estranged couples are often forced to live together for years while they work out alternative housing.
The new law eliminates a state agency regulating the exchange-by-barter of homes, meaning from now on sales will need only the seal of a notary, according to Granma.
