Reforming Foreign Investment Law in Cuba : What Does It Really Mean for Eager Investors?

This paper provides risk/reward evaluation and legal analysis of foreign investing under Cuban Law No. 118 (2014). Section I addresses dynamic changes in Cuba since 2008. Section II examines reforms of Cuban foreign investment laws. Section III explores investment options such as import/export, licensing, franchising, and foreign direct investments. There is also a discussion of Cuban currency, acceptable modes of foreign direct investing currently available in Cuba, and real estate development. Section IV pertains to dispute resolution. Section V concentrates on U.S. – Cuba relations. Section VI presents the American investor with legally permissible opportunities