This topic was the focus of a panel discussion on economic and social transformations in Cuba, as well as investment and business opportunities for Cubans living abroad, held as part of the 18th meeting of this community in Europe. The situation has shifted drastically in just a few months since the previous gathering of the Meeting of Cubans Residing in Europe (ECRE). At that time, the island still had access to shipping services, less restrictive banking transfers, and a more stable energy supply.

Participants in the panel noted that, with the current blockade—which now extends beyond the financial, economic, and commercial spheres to include the energy sector—the conditions for Cubans abroad to invest and participate in the economy have become even more challenging.

Officials from the Cuban Embassy in France took part in the panel to explain new investment opportunities, which are virtually free from minimum capital requirements and also encompass local development programs.

Israel Almeida Molina, Counselor for Economic and Commercial Affairs at the Cuban diplomatic mission, and Carmen Julia Suarez Lara, Counselor for Tourism, clarified that there are no restrictions regarding the size of an investment or the specific sector in which it can be made.

Furthermore, Suarez Lara explained that there are opportunities to register as tour guides, participate in ecotourism, and engage in other forms of specialized tourism that prioritize environmental conservation.

During the ECRE discussion, the official highlighted Cuba’s proposal for international economic partnerships, which includes the option of leasing existing facilities.

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