Not legal or investment advice. U.S. sanctions restrict Cuba investment to the licensed independent private sector. Every transaction is KYC'd, OFAC-SDN & Cuba Restricted List screened, confirmed as an independent private entity (≤100 employees), and subject to OFAC counsel. No money flows to state, JV, GAESA, Restricted-List or confiscated-property counterparties.

MINCEX / ProCuba (FDI gatekeeper)

aka MINCEX, ProCuba

State — embargo-restricted

Ministry of Foreign Trade & Investment and its promotion arm. Does not own assets — it approves every foreign-investment deal and publishes the official 'Cartera de Oportunidades'. The gate every state privatization must pass through.

Assets controlled

Does not own assets directly — it approves the deals. Every state privatization passes through this gate.

Sources: MINCEX / ProCuba