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Cuba Authorizes Direct Hiring, Offshore Bank Accounts and Tourist Opening

Summary by Hola News
Havana, Sep 3 (EFE).- The Council of State of Cuba published on Thursday Decree-Law 128 that gives the green light to foreign companies to hire employees directly without going through state agencies and opening bank accounts abroad without prior authorization from the Central Bank of Cuba; it also states that [...] Entry Cuba authorizes direct hiring, offshore bank accounts and tourist opening was first published in HolaNews.

25 Articles

Sueddeutsche ZeitungSueddeutsche Zeitung
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ORF.at NewsORF.at News
Lean Left

Havana has undertaken many reforms - these are the most far-reaching changes in the Caribbean state since the revolution under Fidel Castro almost 70 years ago.

·Munich, Germany
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InfobaeInfobae
+3 Reposted by 3 other sources
Lean Left

Cuba authorizes direct hiring, offshore bank accounts and tourist opening

·Buenos Aires, Argentina
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Cuba will allow the direct hiring of employees and give more autonomy to foreign companies as it tries to attract capital amid an economic crisis.

·San Juan, United States
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Latin American Abstract, September 4, 2026. Cuba seeks to simplify with new legal rules procedures related to foreign investment, foreign trade and tourism activity. New legal norms published in Cuba this September 3th foresee felixbilizing legal issues related to foreign investment, foreign trade and tourism. The legal package content [...] La entrada Cuba. Flexible guidelines for foreign investment and other sectors was first published in Lati…

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Companies will not have to have permits from the Central Bank of Cuba to manage accounts abroad

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Cuba has further relaxed rules for foreign businesses in an effort to attract new investment to its collapsing economy. An amended version of the Foreign Investment Law was published in the official gazette today. It once again allows foreign companies to directly employ Cubans. From investments in Cuba to...

·Bratislava, Slovakia
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  • 40% of the sources lean Left, 40% of the sources lean Right
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El Vocero de Puerto Rico broke the news in San Juan, United States on Thursday, September 3, 2026.
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