Posted in Insurance Tips by Stephen Cook on August 31, 2010 No Comments yet
The United States embargo on Cuba in the 1960’s restricted any transaction by U.S. citizens with Cuba unless individuals obtained a license from the United State Department of the Treasury. This regulation, known as the Cuban Assets Control Regulations, limits travel since tourists cannot be issued a license and thus are prohibited from any transaction with the island.
About fifty years later, there may be change on the horizon – will the U.S. open the doors to travel in Cuba?
Tags: Cuba
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