LATAM : Foreign Investors Survey 2017 ttitude Consulting
CUBA
Greater Attractions
Investment opportunities in agriculture , sugar , industry , tourism , energy , mining , transportation , pharmaceutical , health , etc . Legal framework on foreign investment recently updated , with clear rules that determine the investment regime .
Political Risks ?
In the current situation , political risks tend to be markedly reduced .
Adequate Labor Laws ?
Recruitment by foreign investors should be through employment agencies , who grant the laborforce . Working very well in most traditional sectors of foreign investment ( hotels ).
Adequate Transparency and Corruption Framework ?
Legal framework rather bureaucratized , which leaves very little room for corrupt practices .
Suitable Fiscal Framework for Foreign Investment ?
New Tax Law . Fiscal framework with significant incentives , especially for ZED Mariel Zone . Few double taxation conventions , one with Spain since 2001 , Italy and Portugal , etc .
Proper Framework for Promotion and Mutual Investment Protection ?
More than 60 agreements signed with Spain ( 1994 ), Switzerland , United Kingdom , France , Portugal , etc . Solid legal system , based on Spanish legislation prior to its independence .
Advantages of Your country over Others in the Zone
High level of public safety , unmatched in the region , highly educated population , huge potential for growth in the coming years .
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Positive Medium Risk Negative