Port of Guantanamo Bay

Guantanamo Bay Naval Base, officially known as Naval Station Guantanamo Bay or NSGB, is a United States military base located on 45 square miles (117 km2) of land and water on the shore of Guantánamo Bay at the southeastern end of Cuba. It has been de facto extraterritoriality of the U.S. since 1903 as a coaling station and naval base. It is the oldest overseas American naval base. Since 1974, the U.S. has paid the Cuban government an annual sum equivalent to $4,085 in 1934 dollars to lease the bay. The lease was previously $2,000 per year until 1934, when it was set to match the value of gold in dollars.