Cubans Living Abroad to Be Allowed to Invest in Private Businesses on Island, Official Says
By Tom Ozimek
Published on March 16, 2026.
Cuba plans to allow expatriates to invest in and own businesses in the private sector as part of broader reforms aimed at reviving the communist-run country's struggling economy. The move comes as Havana seeks new sources of capital amid a deepening economic crisis and fragile talks with Washington. The decision was made in an exclusive interview with the country's deputy prime minister and minister of foreign trade and investment.
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