11/10/2010
CUBA MAJOR REAL ESTATE REFORMS
CUBAN'S CAN BUY AND SELL PROPERTY
Havana. Cuban Communist Party leaders say Cuba will try to balance its budget, repay all its foreign debt, no longer support loosing state operated companies, and finally allow Cubans to buy and sell their private property according to a new blue print circulated in front of a major congress designed to save Cuba's cash-strapped island from total financial disaster.
The economic reform paper was given out to all the local Cuban party activists this week during a meeting by the new President of Cuba, Raul Castro, in which he announced that Cuba would hold a do or die Communist Party Congress in Havana next year. The economic document recommends abolishing the dual-currency system and seeking new ways for individuals to finally be able to buy and sell thier own private property without hassles. These proposals are not new, however having them discussed openely in public makes clear that the congress will be allowed to set a new economic direction for Cuba at least in terms of economic ideas.
CUBA CHANGES ECONOMY
The last meeting which last took place in 1997, has been traditionally used to announce major policy changes and its to be held at least every 5 years, but it has been delayed repeatedly as Cuba had to deal with health issues of Fidel Castrom and a serious financial crisis. There has been predictions that the future of former Cuban president Fidel Castro's role as the head of the Cuban Communist Party chief might also be discussed at the congress. A Communist Party meeting also stated that will be held at some later point in the spring of 2011 however Cuban President Raul Castro made no mention of his brother, Fidel Castro, in his speech."The Sixth Party Congress will concentrate on a solution to our economic problems," stated Raul Castro on Cuban TV.
The economic report will outline areas for discussion that gives a accurate assessment of Cuba's current economic devastation, saying that Cuba now suffers from a terrible innefficiency and a lack of capacity in both production and infrastructure and a much older aging population. The report also states that Cuba has suffered a great deal due to a 2003 decision to attempt to centralize control over foreign currency, with layers of bureaucracy that make it almost impossible for state owned businesses to operate properly.
CUBAN ECONOMY
The Cuban economic paper is titled "Guideline Project for Economic Policy," and clearly states that inefficiency and incompetence have grown expotentially by neglect and a little bit of simple bad luck. From 1997 to 2009, Cuba lost $10 billion Dollars because of a drop in world prices of the products Cuba sells most including sugar, tobacco and nickel, combined with and a spike in the prices of products it is forced to import, such as oil and many basic foods. The same document states that Cuba, the island was hit by a record 16 hurricanes in that approximate period, causing another $20 billion in damage to the island. That $30 Billion dollar damage has been an enormous blow for a country with an annual gross domestic product thought to be about less than $40 billion . However the proposals makes it clear that there will be no change in Cuba's communist one-party, socialist political system.
Raul Castro stated in the Cuban newspapers "Socialism is still capable of overcoming the current difficulties and preserving the victories of the revolution,". This summit of the Cuban Communist Party congress came at a celebration of the 10th anniversary of an economic agreeemnt with Venezuela, which has become Cuba's most important benifactor by sending billions of dollars worth of oil to Cuba every year just to keep the Cuban economy afloat. Castro also stated that the meeting will make important decisions on how to modernize the Cuban economy and implement economic and social policy of the Cuban communist party and the revolution of Cuba.
CUBA AND VENEZUALA
The younger Cuban leader was together with Venezuelan President Hugo Chavez, who promised to continue supporting the Cuban people both economically and politically, as the two countries reaffirmed the pact for another decade. President Chavez praised Cuba's Castro brothers for having the courage and vision to change the world. He stated "Raul's courage in modernizing socialism must be recognized," adding that his government would "join" the island going forward.
Since Raul Castro took over from his older ailing brother Fidel Castro in 2006 temporarily, then permanently, Raul has pursued a series of major economic reforms for Cuba. In the summer, Cuba announced it was laying off a 500 thousand government workers while opening up new sectors for private citizens to start ther very own private businesses for the first time. Those layoffs will be completed by this spring , just ahead of the economic congress.
RAUL AND FIDEL CASTRO
Raul Castro also has begun to roll back the deep food subsidies, utilities and many other public services on which Cubans have depended upon for many decades. Former Cuban President Fidel Castro who just turned 84, still remains the leader of the Communist Party and is still referred to as Cuba's commander in chief.
After five years out of the public realm, the revolutionary leader bounced back on the political landscape this sumemr and now makes frequent appearances to discuss world affairs, particularly his fear that a nuclear confrontation between the United States, Israel and Iran is inevitable.
Since Fidel's health improved, many speculated Fidel would step aside from his top party position at the next party congress however Fidel has shown no sign that he is ready to step aside and leave Cuba in the hands of his younger brother. Cubans must now wait till the next Cuban congress to see how this effect the future of Cuba.
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10/01/2010
TRAVEL, LIVE AND INVEST IN CUBA
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| Live and Travel in Havana Cuba |
Over 50 years ago Cuba was blocked from the mainstream propaganda of the rest of the world while trying to create a prefect revolutionary dream island. The world has changed dramatically since then and Cuba has not. Cuba is still living in that perfect time trap called the island of dreams. Now is the moment to travel to Cuba, Havana. Varadero and the rest of Cuba to explore this beautiful exciting country that has so much to offer. Whether you are an international entrepreneur, or want to live a exciting peaceful life while living part-time or full-time in Cuba, or maybe you are not interested in going through another long cold winter and prefer a mild tropical climate, Cuba is a realistic picture of living in a hot romantic Latin American country that teaches you to deal with the many challenges you will inevitably have to enjoy on your Cuban Vacation.
CUBA TRAVEL GUIDE
The Cuba Guide is perfect for anyone seeking a safe, affordable vacation place to travel to or even to live away from the United States and Canada. The Cuba investment guide teaches tourist the rules of Cuba & Havana investments, secret insider information and invaluable data about all aspects of living in exotic island of Cuba. You can learn Spanish, travel the Cuban beaches and even find companionship. You can even start your own Cuban travel businesses. Cuba has the most population and is the biggest island in the Caribbean.
Havana City is Located only 90 miles from the U.S. mainland, Cuba - sometimes called the "Jewel of the Caribbean" for its natural beauty, boasts 100's of miles and miles of breathtaking terrain, towering mountains, amazing landscapes, hidden colonial towns and a couple of modern lost world cities.
HAVANA CUBA BEACHES
Cuba boasts over 400 unspoiled white sand beaches, panoramic bays and inlets surrounded by the beautiful crystal clear waters of the Caribbean sea have always been the island´s of Cuba's main attraction to both Tourist and Cuban investors. Cuba offers everything for every investors taste and lifestyle. Cuba's "Varadero News" has predicted that Cuba would someday become the baby boomers´ retirement haven of the future predicting mass new migration of retired tourist and investors that will start to immigrate to Cuba, lured by the natural beauty and low cost of living to stretch their shrinking pensions, reasonable health costs and warm weather. Cuba will be the hottest destination due to its proximity to the United States and the relative lack of propaganda.
CUBA INVESTMENT GUIDE
Cuba is perfect for the smartest entrepreneurs since foreign investment is now open and countless small enterprises are starting to grow in the Cuban cities. Cuba's 11.5 million people are the largest potential natural market in the region. Canadians and Europeans have been pouring money and investment into Cuba properties since new foreign investment laws have been relaxed in 2010. The country´s new investment law allows foreign businessmen to own businesses, their offices and their housing. Cuba has left the Cold War behind and is now ready to participate in the emerging global economy. It is now time to get your foot in the door before the gold rush begins and hordes of entrepreneurs carve up the island completely. A few of the reforms made to the Cuban economy in the last 10 years have created limited self-employment, legalized the use of U.S. dollars and encouraged foreign banking and investment. Additional advantages for foreign investors include a highly-educated and well-disciplined labor force, tremendous opportunities in tourism´s untapped areas, and an improving infrastructure.
Conditions for investing and living in Cuba are getting better, yet no one can foresee the future with absolute clarity yet given the events of the last couple of years and the direction that Cubans are currently moving,
its safe that the predictions is that Cuba is on the verge of becoming one of the fastest growing economies in the world. Cuba Investment Guide gives you the current realities of Cuban living and investing in the best places in Cuba, including Havana holidays, Varadero vacations, Cayo Coco, Cayo Largo, Santa Lucia, Saroa, Trinidad and the best beaches in all of Cuba. The important questions are to find out what is required to become a legal resident? Can I meet these requirements? What is the cost? How often does residency have to be renewed, what are the conditions of renewal and what is the cost? What is required to visit, or while you are waiting for residency and What is the political situation? What about income taxes, and other taxes such as sales tax, import duties, exit taxes and vehicle taxes?
CUBAN INVESTMENTS
Investors will need valuable information about rental property, purchasing property, telephone and Internet communications, Cuban travel and transportation, food, Restaurants, hobbies, Golf clubs, supplies and assistance. In Cuba you will learn about the Cuban culture including the wild Cuban night life and entertainment, recreation. Cuba is also famous for its low crime rate, detailed investment and banking system, sanitation and the rights of foreigners are all protected by the Cuban government, Legal, Cuba health care, Medical, and Financial professionals, and even Domestic assistance. This is one of the best investments in Cuba available for everyone that is interested in studied and written about living and investing in Cuba for decades.
FRIENDLY CUBANS
The people of Cuba are warm, hospitable, fun-loving people famous for their keen sense of humor and
knowing how to enjoy life and getting together for singing and dancing. Cuban friends will even take you into their homes to meet their families despite the poor relations with American government the average Cuban will treat Americans with courtesy and respect.
CANADIAN AND EUROPEAN TOURIST
Canadians, Europeans and others have been traveling in droves to Cuba for years to escape harsh winters.
Cuba has around 325 days of warm sunshine each year. The mild climate agrees with most people and Cuba´s longevity rate is higher than most developed countries. The healthy life-style is also due in part to Cuba´s world class doctors and extensive health care system. Cuban doctors are very well trained and hospitals are good, and foreigners are guaranteed excellent Cuban health care treatments. Cuba´s health care system is very good yet its easy to travel to America Canada or even Europe in case of emergency.
Non American Tourist and investors have been loving this exotic Cuban paradise for the last couple of decades. Now its your turn. Come to Cuba to Travel or to start a new and exciting life and take advantage of all the wonders this beautiful country has to offer. Investing in the new Cuba is the antidote you need to live your life the way you want it and to achieve your goals. If you want to visit Cuba now is the time that you´ve been waiting for?
Call and book your Cuba Vacation now! Travel to Cuba
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9/24/2010
Cuba Finally Opens To New Economic Reforms
Cuban Entrepreneurs Open For New Business
Cuban small businessman can now repair broken items on a street in Havana with the full support of the Cuban government. Cuba is launching a series of major economic reforms that will effect the livelihood of all Cubans, including approving a number of small business licensees. Cuba elite communist ministers mapped out a dramatic shift in the new arena of free enterprise in Cuba by approving a huge list of small businesses, allowing ordinary Cubans to hire employees and even promising financing to a new breed of entrepreneurs.
The reforms were printed in the most popular Cuban Newspaper in a three-page spread in the Communist Party-daily Granma which seemed to create a society of haves and have-nots in the island of Cuba that has spent half a century doing everything possible to create an equal utopia.
Last week's announcement that the government will lay off 1,000,000 employees by the end of March is equal to one-tenth of the entire country's workforce and the biggest change in Cuba's economic system since opening of the Cuban economy.
For the first time, Cubans in 98 private businesses will be allowed to hire people other than their relatives, and they will be able to sell their services to the state as private independent contractors.
Accountants in Cuba
Accountants, currently only permitted to work for the state, can set out on their own, keeping the books for these new businesses. Cubans who want to rent their homes to travellers will no longer have to live on the premises and can hire staff. Even islanders authorized to live overseas though apparently not exiles can take part in the economic changes by renting out the cars and homes they leave behind.
Cuba's Central Banking Minister is analyzing a variety of ways to grant small-business financing and forgivable loans that are crucial to any growing free-market system but which would have been unimaginable in Cuba just a few short weeks ago.
The decision to open up and change the economic rules on private employment in Cuba's economy is one of the steps the country has taken in the redesign of its economic policies in order to cut expenses and increase production and efficiency. Cuba's top newspaper, Granma reported that Economy Minister Marino Murillo Jorge and a vice-minister of labour and social security would oversee the transition of the new cuban economy in the hopes of a brighter future for all Cubans.
FOREIGN INVESTORS IN CUBA
Foreign investors welcomed the news and its another step in the right direction for the Cuban investment climate. Cuban, European and even American investors are now studying the new laws to see where the best opportunities may be uncovered. Other investors sa that its best to get in now right out of the gate to ensure that your future profits are locked in. Either way its going to be a very interesting opportunity for Cubans as they get there first taste of Capitalism and to take hold of their own economic future for the first time in over 4 years.
9/05/2010
GOLF INVESTMENT IN CUBA
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| Varadero Cuba Golf Course In Cuba |
Cuba is hoping to attract golf-playing tourists to Cuba with the hope of eventually even U.S. golfers. The government took big steps in that direction by allowing foreign investors that enjoy golfing and want to invest in Cuba to lease state lands for 99 years instead of the previous limit of 50 years.
The extension is expected to make Cuba a more attractive place for foreign developers, who already have detailed plans for at least four golf resorts with seven courses — including a $1 billion project.
Some foreign investors have been reluctant to commit to the projects because the 50-year limit was too short and risky, said Antonio Zamora, a Miami lawyer who researches Cuban real estate issues.
"I think most of them will be okay with the 99-year leases, although others have told me they will not do it" without full ownership rights, Zamora said.
The Official Gazette last week published Decree Law 273, signed by Raul Castro on July 19, allowing 99-year leases on properties for foreign investors though the government still owns the land. The previous limit set in 1987 was 50 years, though renewals were allowed.
Still unclear are many issues, such as the right to sell or inherit the properties built on the leased state lands.
The Cuban government owns the overwhelming majority of the land on the island, though some Cubans who owned small properties before the Castro revolution in 1959 have been allowed to keep them.
But the decision by Castro, who also has been allowing small but growing doses of private enterprise by Cubans, could give a quick boost to tourism development plans.
The U.S. Congress is considering legislation that would lift the ban on tourism travel to Cuba, and the Obama administration is expected to allow a growing number of educational and cultural trips to the island.
Tourism Minister Manuel Marrero announced in August that the government had approved the creation of 16 golf resorts, ringed by thousands of condos and villas to be sold only to foreigners.
Cuba has only one 18-hole course and one nine-hole course, while the Dominican Republic has two dozen.
Foreign developers are already well along on proposals for four golf resorts on Cuba's north coast, including the estimated $1 billion La Altura mega-project in Bahia Honda west of Havana.
The project, proposed by British and Spanish developers, calls for three golf courses surrounded by about 3,000 housing units and a marina with 200 slips, according to documents obtained by El Nuevo Herald.
Another group is proposing two golf courses with about 2,000 housing units in the Guardalavaca beach area in Holguin province.
In the Varadero beach resort 100 miles east of Havana, British groups are proposing one development with a golf course and about 900 housing units.
The Bellomonte project on Guanabo beach, just east of Havana, calls for about 800 units ringing one golf course, plus a small marina.
Cuba recorded 2.4 million foreign tourists last year, a slight increase over 2008, although revenues have been falling as the euro and British pound lost value and a growing number of visiting Cuban exiles chose to stay with relatives.
The government first allowed foreigners to invest in an estimated 17 luxury condominium developments in Havana in 1995, but then-President Fidel Castro later halted the building program.
Many of the condo buildings were on or near Havana's Fifth Avenue, the main thoroughfare in Miramar, the capital's fanciest neighborhood before Castro seized power in 1959.
8/29/2010
REAL ESTATE INVESTMENT IN CUBA
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| Cuba Hotel Investment |
HAVANA (AP) — Cuba has begun allowing foreign investors to lease government land for up to 99 years, a step toward a future that could be filled with golf courses ringed by luxury villas, beachfront timeshares and vacation homes for well-heeled tourists.
But while overseas developers are cheering, some caution that the communist island has been down this road before, embracing foreign ownership with an eye toward bolstering tourism revenues — only to scrap those reforms when the economy improved and profit margins no longer seemed as important as maintaining state control of commerce.
A decree that was published as law Thursday loosened property laws enough to allow 99-year leases for foreigners. A measure appearing the following day expanded self-employment, letting Cubans grow and sell small amounts of farm products out of their homes or special kiosks.
Large agricultural holdings are state-controlled, but small farmers were already allowed to work their own land. The law will allow more Cubans to do so and let them sell what they produce, but will also make them pay taxes on their profits.
The moves are significant as President Raul Castro promises to scale back the state's near-total dominance of the economy while attempting to generate new revenue for a government short on cash.
Still, it's too early to herald a new Cuba, said John Kavulich, a senior policy adviser for the U.S.-Cuba Trade and Economic Council in New York.
"I don't think it's going to open a floodgate. I think it may turn on a tap so that people know there's water," he said.
Far more optimistic was Robin Conners, president and CEO of Vancover-based Leisure Canada, which wants to build hotels, villas and two golf courses on a stretch of beach in Jibacoa, 40 miles (64 kilometers) east of Havana.
"We see the times are changing, so to speak," Conners said.
Cuba already allowed leases of state land for up to 50 years with the option to extend them for an additional 25, but foreign investors had long pressed tourism officials to endorse 99-year lease deals to provide additional peace of mind to investors.
The longer leases also mean lower interest rates on international banking mortgages, Conners said.
"I think this is huge," he said by phone while vacationing in Paris.
Conners' company hopes to begin construction on a luxury hotel in the Havana neighborhood of Miramar next year — with the project at Jibacoa and another plan for development on Cayo Largo, a cay off Cuba's southern coast, "not far off."
Investors in Canada, Europe and Asia have been waiting to crack the market for long-term tourism in Cuba, built on visitors who could live part-time on the island instead of just hitting the beach for a few days. The U.S. bars its companies from doing business with Cuba.
The change may also help Cuba embrace golf. Investment firms have for decades proposed building lavish 18-hole courses with luxury housing for foreigners.
Despite years of grand plans, however, Cuba has just two golf courses and has yet to approve construction of any new ones — though the tourism Ministry says it would like to build 10 more.
Andrew Macdonald, CEO of Britain's Esencia Hotels and Resorts, said his company had planned to start construction last year on the Carbonera Country Club, a $300 million development outside the resort of Varadero, but is still waiting for government approval. In addition to an 18-hole golf course, Macdonald's plan calls for 800 luxury apartments and 100 villas.
"It's exceedingly good news," Macdonald said of the new rule. "It's been a long road. But having said that, it's very important for the country that they get each step right, and this is a very big step for them."
NEW CUBA REAL ESTATE LAWS
The new law makes it clear Cuba is looking to boost profits, saying the step is necessary "for the sustainable development of the country and the international economy."
While the longer-term leases could reshape international investment in Cuba, meanwhile, allowing more production and sales of agriculture products will likely have far greater impact on ordinary Cubans.
The law marks the first major expansion of self-employment since Castro said in an address to parliament Aug. 1 that his government would reduce state controls on small businesses and private enterprise — a big deal in a country where about 95 percent of people work for the state.
Cubans already sell fruit, pork, cheese and other items on the sides of highways across the country, fleeing whenever the police happen past. The new measure legalizes such practices by letting Cubans grow whatever they wish and sell it, while bolstering state coffers with new taxes on their earnings.
Oscar Espinosa Chepe, a state-trained economist who became a dissident anti-communist and was jailed for his political beliefs in 2003 before being paroled for health reasons, called the decree "an intelligent move."
"It's good, though still something very limited," Espinosa Chepe said.
8/19/2010
OBAMA WANTS TO LIFT TRAVEL BAN TO CUBA
US President Barrack Obama is considering easing travel restrictions to Cuba, raising the prospect of what lifting the half-century-old U.S. trade embargo against the Communist regime might mean for both countries.
Imagine American tourists bronzing on Cuban beaches and Cuban tomatoes glowing in the produce sections of U.S. supermarkets. Or Cuban baseball teams playing in American ballparks, while U.S. ballerinas twirl on a Havana stage.
Could it mean young Cuban-Americans returning to the island to invest or revisit the culture from which their families were exiled?
Cuba Investment from America will Increase
He says sanctions haven't worked and that it is time to try something else.
American Opposition To Cuba
The administration apparently isn't considering sweeping changes. Any substantive lifting of the trade embargo would require congressional action in any case, especially the repeal of the 1996 Helms-Burton Act, which extended and strengthened the sanctions.
But the changes the administration are reportedly considering now would make it possible for more Americans to travel to Cuba, including sports, cultural and educational groups, and it could expand direct flights from the U.S. to Cuba.
Obama loosened some of the restrictions last year, when he made it easier for Cuban-Americans to visit the island and send money to their relatives there.
The administration reportedly plans to announce the next round as early as next week. The proposed changes were first reported in a story by The Miami Herald earlier this month. The White House and the State Department have declined to comment on the details.
If the administration goes ahead with the reported easing, it would basically restore contacts that were allowed under the Clinton administration, but prohibited under President George W. Bush.
But Ninoska Perez-Castellon, a director of the Miami-based Cuban Liberty Council, says now is "the worst time to lift any type of sanctions against Cuba's regime," because the Castro government has shown no real inclination to change.
Perez-Castellon says there is an economic incentive to ease some sanctions against the regime coming from foreign investors who put money into Cuba's tourist industry and were left holding the bag when the island's tourist business stagnated.
USA Promoting Tourism To Cuba
"There are a lot of economic interests that would like to promote the tourism industry in Cuba, which has basically failed," Perez-Castellon says. Among them, she says, are Spanish companies that put a lot of money into hotels in Cuba, but got little return from their investments.
Tourism has been a major source of revenue for Cuba, a popular destination for visitors from Canada and Europe.
Charles Suddaby, vice president for hospitality consulting at the global real estate company Cushman & Wakefield, says Cuba attracted more than 2.4 million visitors last year and seems on track to do slightly better this year.
Suddaby says a lifting of travel restrictions for U.S. tourists could generate a huge wave of interest, but he says it would probably be better to have that process take place gradually.
"There's a lot of hotel capacity down there," he says, "But it's not all of a quality that U.S. tourists might expect."
Charles Suddaby says much of Cuba's tourist market came from cheap, all-inclusive packages, but that the government is now looking at a broader market, including sports tourism and luxury resorts.
Cuban Food For Cash
Agriculture is another sector where Cuba and the U.S. could cooperate if sanctions were lifted. Cuba already buys food and agricultural products from the U.S., more than $690 million worth in 2008.
The sales were authorized by the Clinton administration in 2000, under a measure that specifies that trade can only be one-way, with Cuba buying from the U.S., and only in cash.
William Messina, an agricultural economist at the University of Florida, says Cuba's food purchases from the U.S. have dipped in the past two years, in part because countries such as China, Vietnam and Thailand have offered the Cuban government better credit terms.
But Messina says further easing of restrictions could potentially stir a lot of agricultural trade between the two countries. For instance, Cuba could become a supplier of winter vegetables, such as tomatoes and cucumbers, which are currently grown mainly in Florida.
Other potential crops could be citrus and sugar for ethanol fuel.
Messina says Cuba could be a stronger market for American agriculture products, including fertilizers, pesticides and farm equipment.
All of this would be far in the future, even if the Obama administration were to make far more sweeping changes than it is currently planning. The administration has repeatedly said that it will not lift the embargo unless and until there are political and economic reforms on the island.
But Bagley says the proposed easing of sanctions is the best way "to ease the political transition in Cuba, which is inevitable, given the ages of the Castros." Bagley says that by engaging with Cuba, the U.S. could influence that transition in a positive way, rather than leaving the island with another generation of anti-American rulers.
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7/23/2010
Cuba Releases Political Prisioners to Spain
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Havana Cuba- Spanish tourism minister predicted Cuba's release of its political prisoners is the first step that will eventually lead to a thaw in U.S.-Cuba relations and the removal of the American blockade against the Castro controlled island.
Spanish foreign minister Miguel Angel Moratinos said the releasing of over 52 Cuban political prisoners will prompt a major shift in European Union policy in favor of Cuba "and it will have political consequences in U.S. relations with Cuba, by lifting of the embargo."
Cuba has clearly demonstrated that it is willing to cooperate in the area of human rights and has held out the olive branch to Spain. International Investors calculate that this is the beginning of the opening of the doors to Cuba for international investments lead by the Americans as soon as they lift their own restrictions on investment into Cuba.
A spokeswoman for the U.S. embassy in Madrid said, while the U.S. welcomed the release of the Cuban political inmates, it was too early to say whether that would have any effect on the embargo. And officials from France and Germany didn't share Moratinos' optimism that the release of the 52 would trigger an EU policy shift.
President Barack Obama once suggested it was time for a new beginning with Cuba, but his administration wants to see the island embrace more political or social reforms — and it's unknown if the agreement on political prisoners is enough.
The Cuban Political dissidents, who had been imprisoned since 2003, have spoken of the horrid, rat-infested conditions they endured in the Cuban prisons. Twelve have arrived in Spain so far, along with dozens of relatives, and more are expected.
Moratinos has said his European Union counterparts had conditioned any change in EU policy toward Cuba on getting the political prisoners released and he now expects the 27-nation bloc to end its "common position" on Cuba. That policy, which dates from 1996, calls for advances in human rights and democracy before relations with the island can be normalized.
But EU foreign affairs chief Catherine Ashton, said it was too early to say if the European bloc is ready to shift direction on its Cuba policy. She said all countries needed to be back any move and it was not clear if they all share Spain's enthusiasm.
"We will have a better feeling on Monday" when foreign ministers may talk briefly about the prisoners' release, she said. But no decision is likely until September.
An official with Germany's Foreign Office said it "welcomes the current development" but added that "the EU countries have always stressed that the overall human rights situation in Cuba has to improve." The official spoke on condition of anonymity in keeping with policy.
A French diplomat said Wednesday that the releases are a positive first step, but that the EU wants Cuba to free all its political prisoners. The diplomat was not authorized to be publicly named according to Foreign Ministry policy.
On Monday, the released Cuban prisoners in Spain said they opposed any change in EU policy toward the island.
"The Cuban government has not taken any steps that show a clear decision to advance toward democratizing our country," they said in a statement. "Our exit to Spain should not be considered a gesture of goodwill, but rather a desperate move by the regime in its urgent search for credit of any sort."
The Cuban government has long maintained that none of them is a prisoner of conscience. It insists they are mercenaries paid by Washington and supported by anti-Castro exiles in Miami, whose only goal was to discredit the Cuban government. Many of the Web sites the journalists had worked for were maintained by exiles outside Cuba.
Spain has told the former prisoners they will be given work and residency permits within a few months. It has advised them not to seek asylum status, saying such a designation would bar them from making political statements and would make it impossible for them to return to Cuba for visits.
The arriving Cubans were held for days in a very modest hotel with no air conditioning and shared bathrooms for men and women in a remote industrial zone of Madrid.
But the government started moving them into apartments outside of the capital this week because Madrid is considered a very expensive place for arriving immigrants to build new lives. Plans were also set to house the latest arrivals in a more upscale Madrid hotel until they are resettled elsewhere.
While some of the Cubans initially complained about their accommodations in Madrid, they said conditions were much better than the jails they were held in, and those who have been moved out of the capital said they were satisfied with the government's effort.
Omar Ruiz, a journalist, was sent with his wife and young son to a studio apartment in the southern city of Malaga in a building occupied mostly by African immigrants. Everyone in the building eats for free in a communal dining room, and the building is about a 20-minute walk from a beach on the Mediterranean
"I don't want to complain about the conditions, there may be others who think they could have been better," Ruiz said. "The main thing is that they helped me leave jail and get to a free country with my family, where I can think whatever I want to think. You have to recognize that, and I am very thankful."
http://Calls2Cuba.com
7/15/2010
USA VOTE TO OPEN UP CUBA TO AMERICAN TOURIST
USA CUBA TRAVEL TO HOTELS
On June 30, 2010, the House Agriculture Committee voted to pass a new bill HR 4645 - called The Travel Restriction Reform and Export Enhancement Act, which eases payment restrictions on US food sales to Cuba. Also included in the Act is language that removes the restrictions on Americans so anyone can travel to Cuba. Specifically, section 2 of the Act reads states that "The President may not regulate or prohibit, directly or indirectly, travel to or from Cuba by United States citizens or lawful permanent residents, or any of the transactions incident to such travel; and any regulation in effect on such date of enactment that regulates or prohibits travel to or from Cuba by United States citizens or lawful permanent residents or transactions incident to such travel shall ease to have any force or effect."
American Democrat Speaker Nancy Pelosi will decide when to restore the bill that will allow US citizens' right to travel to Cuba will get to the House floor for a vote, however, she has stated that she is in full support of this Cuba Travel bill and will bring it to the floor in the very near future.
In Cuba and with over 130 U.S. human rights, religious, humanitarian and trade groups from around the nation have pledged their support for HR 4645.
Cuba Travel Tour Operators held a video conference with top Cuban tourism officials in Havana on Wednesday, December 16, 2009, and asked them if they are ready for the "rush" of Americans if the U.S. travel ban is lifted as proposed by legislation now under consideration in the U.S. Congress.
"Americans really want to travel and see the real Cuba for themselves," said Robert Whitely, president of the U.S. Tour Operators, which together with the National Tour Association also present at the event, handles 75 percent of all package tour business to the Caribbean.
"We predict that at least 850,000 Americans will go to Cuba in the first year," Whitely said.
A fact-finding study from the U.S. International Tourism & Trade Commission supports this, noting, "The number of additional U.S. tourists arriving in Cuba annually, following removal of the travel ban, is estimated to be between 500,000 and 1 million in the first year reaching over 5 million in the next 10 years.
CUBA HOTEL INVESTMENTS
6/10/2010
CUBA OPEN TO BRASIL INVESTMENTS WITH PETROBRAS
Cuba Opens to Brazil’s Petrobras
HAVANA CUBA INVESTMENTS – Brazilian state-controlled energy giant Petrobras has opened an office in Cuba to “accompany” its effort to explore for oil in the communist-ruled island’s territorial waters, the company’s new representative in Havana said.
Joao Figueras, who also is CEO of Petrobras’ Venezuelan unit, told a press conference that the office will be “a point of reference” during the first exploratory phase, but that if a decision is made to advance to the drilling stage the company will expand its representation in Cuba.
For the moment, Petrobras has decided that its Caracas team will carry out the technical work in Cuba “with a view to cost management and efficiency.”
The Brazilian company currently is analyzing the results of seismic surveys carried out within the block it acquired last October in deep Cuban waters of the Gulf of Mexico.
Following geological and geophysical studies in the area, Petrobras will have until May 2010 to decide whether to begin drilling, according to the terms of its contract with state-owned Cuba Petroleo, or Cupet.
“This block represents the company’s return to Cuba. For now we’re going to manage that, but we’re open to evaluating other opportunities in the country,” Figueras said, noting that Petrobras searched for oil in the island’s territorial waters between 1998 and 2001.
“It was a perfect operation, but unfortunately the well was dry,” he said.
The Brazilian company currently has a 32-year exploration and production agreement with the Cuban government, allowing it to operate in a 1,600 square-kilometer (617-square-mile) block that Figueras said is “very well located from a geological point of view.”
Figueras said the trade and financial embargo the United States has imposed on Cuba since 1962 creates “a series of difficulties” but does not impede Petrobras’ work, adding that the company has found “solutions and paths” to drilling in Cuba in the past using contracted platforms.
“If we make the decision to drill, the company will have the means to carry out the drilling. That’s why our job now is to be very focused on the geophysical-geological work so that we make the best decision,” he added.
Also operating in Cuba’s portion of the Gulf of Mexico, an area known as the Exclusive Economic Zone that measures some 112,000 square kilometers (43,245 square miles), are Spain’s Repsol-YPF, Norway’s Statoil-Hydro, India’s Oil and Natural Gas Corporation, Malaysia’s Petronas, Venezuela’s PDVSA and Vietnam’s PetroVietnam.
Petrobras was the most recent company to acquire a block in the EEZ, bringing to 21 the number currently under contract.
Petrobras, an integrated energy company and a global leader in deepwater oil exploration and production, operates in 27 countries in the Americas, Africa, Asia and Europe.
Shares of Petrobras, Brazil’s largest corporation, trade on the Sao Paulo, New York, Madrid and Buenos Aires stock exchanges, but the Brazilian government retains control through a golden share.
Cupet’s exploration manager, Rafael Tenreyro, said last November that – based on “very modest” estimates – about 20 billion barrels could lie in the island’s offshore fields, while the U.S. Geological Survey has estimated a more modest total of between 4.6 billion and 9.3 billion barrels of recoverable crude.
Cuba currently imports from close ally Venezuela more than 90,000 barrels per day of crude oil – or about half the island’s needs – under preferential terms that allow the island to pay with medical, educational and sports services.
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5/18/2010
CUBA TOP CARIBBEAN DESTINATION IN 2010
Cuba tourism officials reported that more than 2.5 million tourists visited the island in 2009, up 3.3 percent from 2008’s record. Because of shorter stays and discounts, brought on by the global recession, total revenues were down overall. Foreign visitors generated over $2.7 billion in 2008, a 13.5 percent increase over 2007.
Public opinion polls in the U.S. indicated that two-thirds of travelers, including 68 percent of Cuban-Americans favor an end to all restrictions on travel to Cuba.
American Travel Restrictions to Cuba
The Travel Restriction Reform and Export Enhancement Act, which prohibits the U.S. president from regulating travel to and from Cuba and liberalizes agricultural trade, could be brought to a vote in the House of Representatives as early as this July.
If the bill passes the House, it will be attached to a Senate appropriations bill and, if approved, would go to President Obama, who already has said he would sign it into law. This would open travel to Cuba for all U.S. citizens starting in 2011.
Many tourist that visit Cuba go to the Fabulous Cuban beaches, lush organic farms, humble yet efficient schools, reforestation projects, aging hospitals, preserved historic forts and old Havana complete with a wide variety of restored classic automobiles. The relative scarcity of automobile internal combustion engines offered clear vistas and easier breathing. Cuba’s per capita CO² output is one-tenth that of all Americans living in the United States.
Hotel Nacional de Cuba
The Grand Dame of Cuban Hotels is the infamous Hotel Nacional de Cuba, a five-star hotel built in 1930 by the Cuban Mafia of those days like Lucky Luciano, Bugsy Segal, Myron Lansky, Capone and Teferante.
“There’s a growing sense in the business community that if we’re going to trade with North Korea, Vietnam, Russia and some countries in the Middle East, why aren’t Americans trading with Cuba?” said Thomas J. Donahue, president of the U.S. Chamber of Commerce (back in 2001) “People are asking fundamental questions about a policy that’s clearly illogical”.
A new Cuba Research Report entitled “Cuba at the Crossroads The Role of the U.S. Hospitality Industry in Cuba Tourism Initiatives” stated in 2007,
“The process of rapprochement can only start with the lifting of the U.S. embargo on Cuba. To that end, we encourage U.S. hospitality business interests of all types to urge the executive branch and Congress to eliminate the embargo, which has arguably outlived its original purpose… We see a historic opportunity for profitable investment in a “new Cuba”… we contend that now is the time to advance prescriptive, forward-thinking insight designed to shift the thinking of the U.S. business community about Cuba and, in so doing, shift the thinking of the Cuban government, businesses, and people about their neighbors to the worth.”
The time to open up Cuba to American Tourism & investment is finally upon us.
Invest in Cuba
5/14/2010
CUBA OPENS REAL ESTATE INVESTMENT IN TOURISM
HAVANA, CUBA. The Cuban Government has officially approved construction of residential projects for foreigners to purchase that are linked to Cuban Beach & Golf resorts, the tourism minister said Tuesday, possibly opening the door for villas that could one day ring oceanfront golf courses and other vacation getaways.
Manuel Marrero said the communist-governed island is on pace for its third straight record year of foreign visitors, and it hopes to continue expanding into the little-tapped golf market.
He said the government has green-lighted “real estate for tourist purposes,” without giving details. But the move may mean Cuba will allow tourist developments that include long-term residences—not just hotels catering to short-term visitors that now line the island’s beaches.
Investment firms in Canada and Europe have proposed building golf courses coupled with luxury housing under long-term leases with Cuba’s government. Endorsing residential zoning for tourism could be a first, albeit small, step toward making those projects a reality.
The decision would allow Cuba’s “entrance into new segments and the realization of investments in areas with tourism potential that have yet to be exploited,” Marrero said.
The island has only one 18-hole golf course and hopes to build 10 more, but has yet to break ground on any projects financed by foreigners.
Cuba has tried before to balance its drive for an egalitarian society with an appeal to foreigners seeking to own a piece of paradise. Scrambling for revenue in the late 1990s, the government authorized private foreign ownership of posh apartments in Havana and even signed a $250 million deal for beachfront apartments and timeshares with a Canadian company.
Many of those project stalled, however, failing to draw enough foreign investment. Meanwhile, some overseas businessmen bought Havana apartments but allowed Cuban girlfriends to live in them—violating rules barring islanders from doing so, said John Kavulich, senior policy adviser at the U.S.-Cuba Economic Trade Council in New York.
Cuba eventually bought out most of the residences it had hoped would be owned by foreigners.
Kavulich said Marrero’s announcement “is not new, it’s renewed.”
“Part of the caution would be we’ve seen this before,” he said. “They’re bringing it back, that’s a good thing, but we need to see what happens.”
Addressing a tourism fair at Morro Castle, a Spanish fort built in 1859 that guards the sea entrance to Havana, Marrero also said Cuba may exceed 2.5 million foreign visitors in 2010.
More than 1.05 million foreigners had come as of the end of April, the most-successful four-month span since Cuba began promoting large-scale tourism after the collapse of the Soviet Union and the end of its billions in annual subsidies to the island.
“It’s been surprising because we began with January and February really bad—bad because of the financial crisis, because of many factors,” Marrero told reporters after his presentation. “But March and April have been very good.”
In 2009, Cuban tourism rose 3.5 percent, with more than 2.4 million tourists coming, mostly from Europe and Canada, despite the global recession. But many visitors stayed fewer days than usual, and tour operators offered steep discounts to keep them coming, meaning revenues slumped nearly 12 percent.
While the U.S. government doesn’t permit most of its citizens to travel to Cuba, the Obama administration has eased restrictions on Cuban-Americans visiting relatives here. But those who come for family travel are counted as Cubans, not foreign visitors.
Marrero said 50 percent more Cuban-Americans visited early this year than during the same period last year, but offered no statistics.
He said Cuba has 50,000 hotel rooms nationwide, many in establishments jointly operated by the government and private companies in Europe.
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5/06/2010
CUBA TOURISM INVESTMENTS OPEN TO USA
Cuban Resort Investment Open to USA InvestorsCUBA OPEN TO USA INVESTORS
HAVANA,CUBA - Cuba Investment opportunities are finally starting to open once again now that the US President Obahma Government has begun to open the door to the possibiity of American Investment in Cuba.
Cuba has definatly responded in a positive manner with a new Real estate and property law aimed at attracting foreign investment in tourist HOtel & Resort projects including marinas and luxury golf courses,
Cuban Resort Investments are welcome in all tourism sectors and from all investment countries including financing originating from the United States if Washington reverses its embargo on the island.
Cuban Tourism Minister Manuel Marrero stated the Cuban government has adopted "a new policy of real estate development linked to tourism" as part of the strategy to boost the Cuban Tourism economy. Cuban Tourist are one of the largest sources of hard cash for Cuba, which generates over two billion dollars annually from tourism in places like Havana, Varadero Trindad Cayo Coco & Cayo Largo.
Minister Marrerro, opening the Cuban international tourism fair by saying that Havana had gone ahead and approved a legal instrument to regulate these marinas, golf courses and other tourism investments.
CUBA BREAKS TOURISM RECORD
In 2009 Cuba broke its records of Tourist and received over 2.4 million tourist, and is enjoying more revenue from foreign tourist since the collapse of the Soviet Union, which gave assistance to Cuba's Castro govenment.
Unfortunately Americans were not allowed to spend thier American money in Cuba under this powerful economic embargo in place under American President Kennedy becasue of the Bay of Pigs since 1961.
Cuban Toursim authorities like to develop eco tourism centers and increase medical tourism with the immediate focus on Cuban golf resorts which have been invisible tothe people of Cuba since the 1959 revolution.
Cuban Minister Marrero met this spring with American business presidents & CEO's in regards to American investment as soon as the embargo is lifted. Cuba said American tourism could be "Very important" for Cuba following any positive change in the American embargo. In a sign of good faith US President Barack Obama has already lifted all travel and money transfer restrictions on Cuban-Americans with relatives in Cuba.
The next step is to lift the travel ban for americans to visit Cuba.
The Cuba investment flood gates will soon be open. The investors that take the risk now should be greatly rewarded with their Cuban Investments.
INVEST IN CUBA
4/06/2010
CUBA CUBA
Investment Opportunities in Cuba Today. Global Investors examined Cuba's economic situation with the idea of a day that will allow private investors in Cuba. These experienced global investors were business entrepranours, writers and reporters,that no longer wanted to talk about the Cuban embargo but were seeking the actual conditions nesecary to invest directlyin Cuba with the potential for reform teh major Cuban investment sectors led by Hotel Development, Real Estate, Contruction infrastructure, and Internet telecommunications systems such as Google, You Tube, Twitter, Skype & FaceBook.
Opportunities- Today there are some major obstacles that hinder direct investment into Cuba.
Investors have said that Cuba is consistently ranked as the worst business environments in the world by various investors that ahve already been burned by the Cuban Investment landscape and government beacracy that seems to block growth and encourage internal fraud by Cuban officials.
Cuba also has the second highest debt in the world and is routenily blocked out of the international capital markets that are currently controld by the American Financial institutions. The fragile Cuban economy is very dependent on the global tourism Markets and to exports to a small number of international partners.
Investors also face huge chalanges placed by the Cuban government that include at least a 50 Cuban government ownership in all Joint Ventures, plus the foreign partner ahs to put up 100% of the capital & Financing. The foreign investors must hire workers through the Cuban Employment agency with a dual-currency system that in effect charges the Foreing company 20 times the salary paid to the Cuban worker.
There is a natural built in lack of transparency in all Cuban investment procedures. There is still no reliable news of the 1994 Mexican Domus investment in Etecsa one of the larger foreign private Cuban investments todate.
All this may change soon if Cuba had a regulatory legal framework that truly protected foreing investors.
Everyone agrees that major investment in Cuban telecommunication sector would be very profitable to foriegn investors if Cuba has the lowest rate of cell phone users in the world. Experienced investors pointd out that Cuban regulations aren’t the only problems to eventual American investment since the American embargo severely damages the economy and services that U.S. company do currently provide to Cuba.
Despite all this American Companies sold over $1 Billion dolalrs of American made goods to Cuba in 2009 despite the Obama Administration’s commitment to expand economic and political ties between the U.S. and Cuba.
Conclusion: The economy was tough for Cuba in 2009 however Cuba is gradually beginning to change its old stlye system into a newer and freer market by allowing more small businesses entrepreneurial in the tourism and agricultural area. World wide investmetn funds are awaiting the day that they can begin to sell investmetns in the main Cuban sectors of the economy to enhance foreign direct investment. The top investments will be in Cuban hotels, tourism, food production, sugar products and real estate property development that could have positive repercussions for foreign real estate investors. Investors & Politicians agree that Cuban health, education, and military areas are presently excluded
from all foreign investment yet the impressive Cuban healthcare and pharmaceutical sectors could offer ample opportunities for foreign Investment such as York Biosciences.(YM:TSE),
Final point was made by all investors that no matter what happened Cuba remains one of the best places in the world to invest in new projects due the its location to the USA.
3/10/2010
GOOGLE COMING TO CUBA ?
Rule changes by President Obama Administration will pave the road for leading Global American companies to enter Cuba. The changes in amendments released by USA Treasury permit exporting of all social networking sites like Face book, chat and e-mail software like GTalk to Embargo countries like Iran, Sudan and Cuba. Investors feel that the Cuban economy will benefit the most due to the high level of education in Cuban population.
USA Treasury Department adjusted the trade sanctions against Iran, Sudan and Cuba to allow the export of leading edge social media and other Web-related technologies that could assist and bridge the work of world wide human rights bloggers especially in Cuba.
Present blockade restrictions don't allow companies to selling their technology and other goods to populations located in sanctioned countries. U.S. Investors believe Web-based technologies such msm messaging, skype, chat and blogging software like Google's Blogger, could open a new opportunity for human rights activists in those poor countries to work with the help of other activists all over the globe.
US Treasury changes were implemented to ensure that individuals in sanctioned countries can “express their universal human rights to free speech & provide shared information to the greatest number of people ” according to an announcement from the united States Treasury.
The Obama administration has a deep commitment to the universal human rights of all the world's people the issuance of these open licenses will allow easier communications between families & freinds in Iran, Sudan and Cuba to use the Internet to communicate with each other and with the outside world according to US. Deputy Treasury Secretary Neal Wolin.
Recent videos from Cuba have proven that personal Internet-based communications such as Gmail, GTalk messaging and Blogger social networking sites are powerful applications. Proof of this is the growing fame of Cuban Human Rights Blogger Celia Sanchez of GererationY.
United States Treasury Department's Office of Foreign Assets Control released the amendments to the Cuban Assets Control Regulations thus paving the way for American companies like Google to now enter Cuba. Fidel Castro and his brother Raul Castro have both welcomed the news as it is another small step in the right direction to mending Cuban-USA relations. Fidel even joked that he and Raul keep texting each other in between meetings.
New permissions now authorize exports originating from inside the United States to people of Cuba for software related to the collection sharing & distribution of personal messages and information over the Internet, including website surfing, setting up blogs, e-mail programs, text messaging, real time chat and social networking sites according to the united states Treasury. The new laws released today also allow specific licenses to be issued on a case-by-case approval for the export of all social media technology used to exchange and distribute information over the Internet that was not previously protected by the Cuban general licenses.
The current US Treasury sanction regulations against Cuba were also adjusted to allow similar approvals for the export of website services to Cuba. The export of goods and high tech technology, including software applications to Cuba is separately licensed under the United States e-Commerce Department, according to U.S.Treasury.
Google Executives are pleased with the news that the US government is supporting people to people initiatives that involve Human inter personal exchanges. This is a start in the right direction with the hope of improved relations between the two countries it may be possible to see a Google Campus in Havana some day soon.
CUBAN INVESTMENTS
2/19/2010
TOP USA OFFICIAL MEET CUBAN LEADERS IN HAVANA
Cuba's minister of foreign affairs, Dagoberto Rodriguez, had gracious meetings with American counterpart Craig Kelly, an American assistant secretary of state for Western Hemisphere affairs and the highest ranking American official to come to the island in 20 years.
The historic meeting took place in an atmosphere of mutual respect. The Cuban side said the talks went very well with many issues including Cuban Hospitals and medicine were discussed and was wrapped up at an secret location in Havana. The American Government had no official comment on the talks, which lasted over 6 hours. The American delegation also met with Cuban dissidents later Friday, according to a leading human rights activist who told the international news reporters that he was among those invited to attend.
The regularly scheduled migration meetings were almost canceled between two Cold War enemies that have been blaming each other for years over a range of problems. Last year Cuban officials arrested an American contractor who was in Cuba on a program financed by the U.S. Agency for International Development which Cuba accuses of being a subversive spy agency for US Intelligence operators.
The accused American spy been held without formal charge in a well furnished penthouse at Havana’s high-security Villa Marista jail. Cuban President Raul Castro has said officially that the American Contractor was spying, and that his presence was more proof that Washington is saying one thing publicly but still trying to damage Cuba’s government 50 years after the revolution started.
This American Aid Program that was begun under President George W. Bush devotes millions of US Taxpayers dollars to the promotion of democracy on the island yet has been accused by the Cubans as being nothing more than a front for American spies to filter into the Cuban island paradise to foster discontent among Cubans.
The American company that employees the American spy is Bethesda, Maryland-based DAI, and there story is that he was distributing communications equipment to Cuba’s minute Jewish community and not to Cuban dissidents. Unfortunately for him this specialty communications equipment is tightly controlled by the communist government.
U.S. diplomats are concerned about the timing of the Cuban arrest, saying he had been to Havana many times before without problems on the same program and never had a problem. The American Ambassador issued a video Thursday requesting his release and saying he loved Cuba and was a humanitarian not a spy.
There has been many rumors that Cuba will eventually trade the American spy for five Cuban agents that were falsely arrested and imprisoned in Miami since the 1990s after being convicted of spying. Cuba sent them to combat terrorism against Cuba and considers them anti-terror fighters who were trying to shut down a bombing campaign organized and led by fiercely anti-Castro Cuban-Americans.
Cuban government leader Ricardo Alarcon did not answer any questions on Friday, but said Cuban authorities would use the good faith of the immigration talks to bring up the fate of their own agents.
Alarcon added that Havana has offered to expand many other issues and continue open and fair discussions with the United States, and is still waiting for their answer. Cuba is hoping that the United States will respond to the additional proposals Cuba has made in efforts to reach agreements in other areas like the fight against terrorism, drug-trafficking and also the possibility of improving the immigration accord.
U.S. officials have not accepted nor replied to the Cuban offer, describing it as a vague proposal to continue talking with no concrete policy changes on their part. US officers say Cuba should have already responded to the good-faith gestures President Obama has already taken, such as loosening all restrictions on travel and remittances for Cuban Americans to travel to Cuba to visit thier families.
Cuba however, stated it hoped that future negotiations could convince Washington to end their unfair immigration policy known as "wet foot, dry foot where Cubans reaching American soil are granted instant asylum, while those captured at sea are deported back to Cuba.
The U.S. delegation would not continue additional meetings with Cuban officials on the side issues until after these immigration talks have been completed.
The leader of the independent Cuban Commission on Human Rights and National Reconciliation, said he and many other popular Cuban opposition leaders were invited to talk to the American delegation following the official discussion were completed.
Meetings with the Cuban dissidents have become routine when American diplomats travel to Cuba. These open meetings with the unpopular dissidents are a thorn in the Cuban government image and is sure to upset Cuban leaders, who have repeated that the dissidents are highly paid stooges of Washington anti-Cuba propaganda.
Cuba and the United States have been waging a nonstop war of words in for over 50 years over nearly every issue possible, from President Barack Obama’s performance at climate talks, which Cuban Comandante Fidel Castro called deceitful and demagogic, to the U.S. relief effort in Haiti, which he termed an another illegal occupation of a suffering nation.
However the crowing glory of upsetting actions by the USA again Cuba in which Cuba is particularly angered by is Obama's unexpected decision to continue to include Cuba on its International list of state sponsors of terrorism even though there is not a shred of evidence to support this cold war claim.
There are also the thorny issues such as Washington’s persistence that Cuba open its one party political system to democratic reform and free hundereds of jailed political prisoners, and Cuba’s unbending demand that Washington drop its 50 year blockade and stop interfering in what Havana considers its internal affairs.
Cuba experts all agree that the incident over the American Spying contractor is just another sensitive issue to a long list of problems between the two countries.
Anything that complicates U.S.-Cuba relationship is definitely not going to help bring the two sides together.
The Cuban-USA immigration talks that were started in 1994 and were suspended by Bush were resumed in July and are to be held bi-annually. Their purpose is to monitor the terms and implementation of the previous immigration agreement under which the United States issues at least 20,000 emigration visas to Cubans per year via a Cuban Lottery system. So far the talks have not centered around the possibility of American companies traveling and investing in Cuban Hotels nor investing in the Cuban economy. We will keep you posted.
2/11/2010
CUBA CLASSIC CARS A STRANGE COMBINATION
Havana, CUBA- Cuba is a world of its own often compared with a walk into a time machine.
An interesting example of this is that unbeknown to the rest of the world, Cuba even has its own unique system of branding your license plate to quickly identify to the world who you are and what rights you have and don't have in Cuba.
The spectrum of color coordinated license plates and special codes tell the ever watching eye of authority how important you are in the Cuban political and Economic system, your nationality, where you work and your rank.
In short your Cuban license plate say it all as you drive in posh 5th avenue or along the seaside Malecon.
Cuba's system of colored license plates was copied directly from the KGB in former Soviet Union. This coding system is yet another way Cuban authorities have kept control on their people and foreigners for decades.
Cuba Government Owned Cars
To be fair the fact is that the Cuban government owns most 95% of all the cars in Cuba. Cuban Government vehicles have blue plates with letters and numbers that indicate when and where the vehicle can operate.
Blue Cuban Cars cannot be used for personal use and can only be used for official government or professional purposes.
The risk to take your car to the beach is that there are many Traffic Inspectors strategically planted along most highways out of town and other high-traffic areas, stopping official cars to check their routes and to make sure they aren't being used for taking your family to the beach.
Top Cuban executives at government firms have light brown colored plates that allow more leeway yet they still may only be allowed to use their vehicles to travel to and from work.
Yet another form of control is what it really is said Emilio Perez, a chauffeur who is driving a Black Mercedes to escort elite foreign officials around Havana.
Russian Cars in Cuba
Since 1960's the Soviet Union was Cuba's God father and benefactor. For decades all Cuban license plates were boring black and white, and the first two letters specified the province where the car was registered.
The third letter determined the state or private ownership depending on the status.
The Soviets also had a very special Code of numbers for embassy license plates determined by country's recognition of the Russian Revolution: Plates for Britain, which is the first foreign country to accept the czar's ouster are still 001.
Cuba fashioned its own similar system with the first letter in the license plate indicating the 14 provinces the car originates, H is from Havana.
The letter K is "Particular" or "privately owned" car by a person or by a foreign firm.
Military Cars in Cuba
The powerful Military vehicles have mint-green with no front and only rear plates. Olive-green plates are for vehicles of the Ministry of the Interior, including El Comendante, Fidel Castro's fleet of armored black Mercedes 280s, which were built in the early 80's.
The most valuable seem to be the black plates are for reserved exclusively for foreign diplomats who don't have to adhere to traffic laws.
White plated cars of Cuban government ministers or heads of state organizations also drive as if they have diplomatic immunity but with reserved caution in case they are in danger of being replaced.
Diplomatic Cars in Cuba
Ironically its the last 3 numbers on diplomatic plates that show the professional rank of the driver. If you're behind a Mercedes with black license plate 179-002, that means the car belongs to the second most-important officer from the Russian embassy.
Even though everyone's supposed to be equal under Cuban socialism most everyone in Cuba knows that that is not true especially when a modern shiny black sedan with black license plates speeds along 5th Avenue in Miramar, Havana as if to show "I'm more important than you"
Decades ago Cuban officials' cars were Soviet imports, as the Cubans were encouraged to drive Russian Ladas or other square slow cars. Now many Cuban vehicles are imported from China or bought from Havana's Peugeot, Fiat and Mercedes dealerships, adding variety to the white-plated fleet.
Tourist Rental Cars in Cuba
Even the Toursit rental cars get maroon plates and foreign journalists, religious leaders and Cubans managers for overseas firms have orange plates.
If you see Red then its provisional plates that allow vehicles to circulate while Cuban authorities sort out just what color category is required.
American Classic Cars in Cuba
Best of all the countless 50year old American Classic roadsters that create a living moving museum along the island's potholed streets have bright yellow license plates, meaning they are normal vehicles owned by ordinary Cubans.
These dinosaurs from the good old days of Detroit's chrome-and-tail-fin era are still dominant on most Cuban roads because ordinary Cubans can not own new cars. Cubans can buy and sell only cars manufactured before the Castro's took power in 1959.
As yet another form of Control the buying of any newer vehicles requires Cuban government permission - including justifying how you can afford a car when the communist state controls well over 90 percent of the economy and pays employees an average of about $10 to $20 a month.
All this maybe confusing for a foreigner, but for Cubans it's normal. As they say in Cuba "No es Facil"
RENT CUBAN CLASSIC 1950's ANTIQUE CARS
On your next Cuba Vacation you can Rent cars in Havana or Varadero Cuba.
1/16/2010
INVESTING IN CUBA
CUBA INVESTMENTS is your guide to the new reality of investing in Cuba.
Have you ever wondered how can I invest in a new Cuba before the American Embargo is lifted? Especially with President Obama and his new attitude towards Cuba & Latin America? How can I meet these investment requirements? What is the cost of investing in Cuban Hotels, Havana Properties or even Cuban beach from Properties? What are the Terms & Conditions of any Cuban Investment and and what is the cost? But most of all you have to ask the most important question regarding any present or even future investment in Cuba. What is the political situation? As well as What about income taxes, and other Cuban taxes such as sales tax, import duties, exit taxes, Cuban property, Cuban investment taxes for foriegners and vehicle taxes?
This Investing in Cuba Blog provides complete valuable information about all types of investments in Cuba including rental property, purchasing property, communications, transportation, food, hobbies, clubs, supplies and assistance. You´ll learn about the culture, about entertainment, recreation. The safety of the low crime rate, tricks about investment and banking, sanitation, education and the huge advantage & disadvantage rights of foreigners as well as information about Legal, Medical, and Financial professionals, and even Domestic help. This is truly an all-in-one guide, and it´s the best introduction to Cuba available from someone who has studied and written about living and investing in Cuba for years.
One good example of Cuban investing is the Canadian based publically traded company Sherritt International has invested over US$ 700m in mostly oil exploration & natural gas in Cuba. Interest has increased recently in exploring the Cuban Oil with companies from Spain (Repsol YPF), India (OLV), Malaysia (Petronas) Norway (Norsk-Hydro) and Sherritt now holding 16 Cuban blocks.
Another example of Cuban Investments is the tourism property development company Leisure Canada out of Vancouver & YM Biosiences led by Chairman David Allan, former Governor of the TSE.
In Cuba there is a massive need for project and infrastructural debt financing. This is a major strategic area for attracting foreign investment. The Cuban Central bank will facilitate visits from interested parties.
Foreign investors have operating contracts to manage approx 65% of total 4 & 5 star hotel rooms in Cuba and they are also involved in the building and refurbishment of the hotels they subsequently manage, generally making upfront payments to cover at least part of these expenses.
Other foreign involvement in the sector includes many small investors & representation agents and representatives who are based in Cuba as well as the major international investmetn groups that have been waiting on the sidelines untill the United States Embargo is finally removed. Thus this abnormal political relationship has created a vacum that allows the smaller risk tolerant investor to get in before the major intrnational investment proffessionals.
For the movers & shakers of the investment world who like to be on the cutting edge of new and excitting investment opportunities, then Cuba is the place for you. Just be careful not to fall for the most dangerous of all Cuban Investments, the smooth Cuban rum, beatiful Cuban women & fine Cuban cigars.
For further info: CUBA INVESTMENTS
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