Q. What guarantees offered Cuba to foreign investors?

The Cuban State guarantees that the benefits granted to foreign investors and their investments are maintained throughout the period for which they were granted.

Foreign investments within the national territory enjoy full protection and security and cannot be expropriated except for reasons of public utility or social interest, in accordance with the Constitution, international treaties signed by Cuba and legislation, with due compensation for their commercial value established by mutual agreement.

The State guarantees the free transfer abroad in freely convertible currency, without payment of taxes or other encumbrance of dividends or profits for the foreign investor.

The term of the authorization may be extended by the authority that granted it.Foreign investors may sell or transfer their rights to the Cuban State, the parties to the association or to a third party, prior government authorization.