The Argentine winger was unable to make his Cherries debut after failing to recieve international clearance.
The 22-year-old has agreed to join the South coast side on a deal until the end of the season, with the option to make the move permanent in the summer for an undisclosed fee.
However, despite Iturbe's deal being all but sorted, he was unable to make his Cherries debut against Leicester City last week after failing to get international clearance in time and will be unavailable again this weekend for the FA clash with Birmingham City.
And to keep Bournemouth fans' minds at ease, Howe has given an update as to what exactly is going on and when he reckons confirmation will be made, telling the Metro: "There is no update on Iturbe's work permit, it is ongoing. We hope to have an outcome by next week, maybe Tuesday.
"It's exciting to have a player like Iturbe at Bournemouth. We are doing all we can to help him settle and we have an interpreter.Any new signings need time to fit in. There is no pressure on Juan or anyone we sign to change our season."
Once dubbed the 'new Lionel Messi', Iturbe has already for Porto, before a successful season on loan at Verona led to his £16million move to Italian giants AS Roma back in 2014. Since joining i Giallorossi, Iturbe has played 56 times, scoring 5 goals in all competitions, but has only started three times in Serie A this season.
Bournemouth will be hoping to get the deal sorted soon, with games against West Ham, Norwich and Sunderland, as they look to move further up the table and away from the drop zone.