What The New Cuban Foreign Investment Law Means

Mondaq Business BriefingCuba Law Articles in EnglishInternational Law (2014)

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What The New Cuban Foreign Investment Law Means

Cuba adopted a new foreign investment law earlier this year that abolished duty-free zones and industrial parks while expanding areas for investment. Under the new law, investment is allowed in all economic sectors, including utilities, administrative concessions, real estate (purchase, sale and leasing of houses and offices), hotel management and professional services. The law also provides for investments in stocks and other securities or bonds, public or private, that do not fit the definition of direct investment. No foreign investment is authorized in the public hea...

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