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,

Brief analysis of Decree-Law 114/2025 “On partnerships between state and non-state business entities” and Resolution 8/2026 of the Ministry of Economy and Planning establishing the “Procedure for the evaluation and approval of partnerships between state and non-state business entities” In light of Cuba’s current situation—marked by a deep energy crisis, the intensification of the United States embargo, and a broader context of economic opening and

At the 41st Havana International Fair (FIHAV 2025), the Deputy Prime Minister and Minister of Foreign Trade and Foreign Investment, Óscar Pérez-Oliva Fraga, acknowledged the financial difficulties facing Cuba — aggravated by the embargo and the energy crisis — but stated that the Government seeks to “modernise the economy” by offering a more dynamic, transparent environment with new facilities for investors. In this context, he

President of the United States Donald J. Trump has issued an update to the National Security Presidential Memorandum (NSPM-5), reinforcing the strategic line of U.S. foreign policy toward the Republic of Cuba. This new approach consolidates measures aimed at restricting economic ties with the Cuban government, as well as its state, military, intelligence, and security entities or authorities. It also announces the inclusion and forthcoming

With the publication of Central Bank of Cuba (“BCC”) Resolution 215 in August 2021, the Caribbean island joined the small group of jurisdictions that have established a specific legal framework for virtual assets (“VA”)[1] and virtual asset service providers (“VASPs”). As this regulation emanates from the country’s highest banking authority — responsible, under the law, for ensuring the purchasing power of the national currency and