On 28 July, Decree 160/2026 of the Council of Ministers, entitled ‘On activities not authorised or subject to conditions for private enterprises, micro, small and medium-sized private enterprises, non-agricultural cooperatives, and self-employed workers’, was published in the Official Gazette of the Republic of Cuba. This regulation forms part of the economic liberalisation measures announced by the Cuban Government in June and replaces Decree 107/2024, which

On July 9, Cuba published new amendments to the Regulations of the Foreign Investment Law and several complementary regulations. This publication arrives at a critical juncture in the review of Cuba’s economic model and amid announcements aimed at expanding opportunities for business activity, foreign investment, and new forms of capital participation in certain sectors. This regulatory package should be viewed as an initial step in

Decree 144/2026, published on June 29 in the Official Gazette of the Republic of Cuba, establishes the National Institute of State-Owned Assets as a national entity subordinate to the Council of Ministers. Although, curiously, the decree was approved on January 6, 2026, it is seen as a significant step toward implementing, within the state-owned enterprise sector, several of the economic liberalization measures announced by the

On 18 June, the Cuban government and parliament approved a set of measures to tackle the deep crisis in which the country has been mired in recent years, exacerbated by the energy blockade imposed by the US administration in early January. The measures, set out in a report containing 176 proposals and organised into 23 key areas, entail fundamental transformations to Cuba’s economic and social

Cuba regulates the migration status of investment and business activities for Cubans residing abroad. The new migration status is granted to Cuban citizens with the legal status of residents abroad or emigrants who apply for it and participate in the Cuban economic model. As part of the new legal framework on migration, citizenship, and foreigners’ affairs, Extraordinary Official Gazette No. 60 of 5 May 2026

On 5 May 2026, the Ordinary Official Gazette No. 39 of the Republic of Cuba published the regulations developing the country’s new legislative framework on migration, citizenship, and foreign nationals. These long-awaited legal instruments follow the approval, on 19 July 2024 by the National Assembly of People’s Power, of three cornerstone laws: Law No. 171, the Migration Law; Law No. 172, the Citizenship Law; and

President of the United States, Donald J. Trump, issued on 1 May 2026 a new Executive Order aimed at strengthening the sanctions regime against individuals, entities, and financial institutions linked to the Government of Cuba, as well as those deemed responsible for alleged acts of repression, corruption, serious human rights abuses, or threats to U.S. national security and foreign policy. The measure is adopted as

Nearly five years after the publication of Resolution 215/2021 by the Central Bank of Cuba (Banco Central de Cuba, “BCC”), the country’s highest banking authority has, for the first time, authorised the use of virtual assets (“VAs”) in cross-border commercial transactions. This authorisation is granted through Resolution 4/2026, published on 23 March 2026, which lists a total of ten companies—nine private MSMEs and one joint

Legal keys, real scope, and regulatory challenges of the measures announced on 16 March On the afternoon of 16 March 2026, the Cuban government, through Vice Prime Minister and Minister of Foreign Trade and Foreign Investment Óscar Pérez-Oliva Fraga, announced a set of measures aimed at enabling broader participation of Cubans residing abroad in the national economy, including access to private companies, large-scale productive projects,