The Digester

Cuba to allow investment from nationals living in the US, official says

Mar 16th 2026

Cuban officials say they will let emigrants, including those in the US, invest on the island as Havana seeks capital amid an economic crisis and rising pressure from the Trump administration.

  • Deputy Prime Minister Oscar Pérez-Oliva Fraga told NBC News Cuba will open investment to Cuban nationals living abroad, including in the United States.
  • Fraga said the policy would cover both small and large investments, including infrastructure, and was set to be announced Monday night.
  • The announcement comes as Cuba faces a deepening economic crisis, widespread blackouts and public protests.
  • US measures, including sanctions and restrictions on transactions with Cuban military-linked firms, limit how much American capital can flow to the island.
  • Analysts warn legal and financial risks and uncertainty over profit repatriation may deter potential investors even if Cuba opens its markets.