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Economy|Business and EconomyCuba tells exiles ‘doors are open’ to invest in businesses in the countryCuba also says it is removing impediments to US businesses and other foreign investors.

## Policy Update: Investment Opportunities for Cuban Americans

CBy Charles NolanMar 17, 20261 min read

Policy Update: Investment Opportunities for Cuban Americans

The Cuban government has announced a new policy allowing Cuban Americans and other exiles to invest in and own businesses on the island. This decision marks a significant shift in economic policy, welcoming a community traditionally aligned with economic sanctions against the Cuban government.

In a related move, Cuba is also working to remove barriers for U.S. businesses and other foreign investors. However, it is important to note that U.S. law continues to restrict trade and investment due to the longstanding economic embargo.

Cuba is seeking to revitalize its economy, which has been severely impacted by U.S. sanctions and an oil blockade. These measures have led to extended blackouts and shortages of essential goods such as fuel, food, and medicine.

Oscar Perez-Oliva Fraga, Cuban Deputy Prime Minister and head of the Ministry of Foreign Trade and Foreign Investment, stated that there are no limitations on the participation of the Cuban diaspora in the country's economic development. This policy shift comes shortly after the initiation of talks with the U.S., potentially paving the way for future economic agreements.

The Cuban government has announced a new policy allowing Cuban Americans and other exiles to invest in and own businesses on the island.
Charles Nolan · Thehackingpost

Allowing emigrants to invest in Cuban businesses represents a sensitive issue, as many exiles have historically supported the trade embargo. Nonetheless, this decision opens new avenues for economic collaboration and could facilitate deeper U.S.-Cuba economic ties.

The policy enables Cubans living abroad to invest in various sectors, with a particular focus on agriculture. This approach mirrors Vietnam's agricultural investments in Cuba, where land remains under state ownership.

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Over 1 million Cubans have emigrated since 2021, presenting a potential source of investment that remains largely untapped. This policy change is a strategic move to attract investment from this demographic.

Based on reporting by Al Jazeera.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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