Before discussing about the investment opportunities in Cuba, let us look briefly at the economy of the country. This will facilitate you to realize the investment climate of the place. The number of visitors visiting Cuba is increasing at around 30% annually. Ideas of free market are starting to take root in Cuba. More than 2,500 American business representatives and executives visited Cuba in the year 1998. Several factors make American investments in Cuba striking. The most important factor that makes American investment in Cuba possible is the the geographic position of Cuba and its closeness to America.
Americans can have easy access to Cuba by sea or air. Cuba has a stable political situation, signs of economic recovery, low level of corruption, mass communication, a banking system, international courier systems, a postal system, a highly educated work force, public transportation, international airports, unspoiled beaches, and other tourists locations, resorts, hotels, and a road rail network that unite to create a good infrastructure essential for American investment. Another significant factor is that the wages of workers are quite low here compared to other countries because of low wage scale of Cuba. Since, Cuba has been kept isolated from capitalist mainstream for a long period of time, it is virgin for several business opportunities.
[tags]invest cuba,investing in cuba,invest in cuba,investment in cuba,cuba investment,cuban investments,investments in cuba,cuba investments,cuban investment,foreign investment in cuba,abc investments cuba,mark cuban investments,bc investments cuba mo,mark cuban investment,cuba foreign investment,how to invest in cuba,mark cuban investing,us investment in cuba,cuban investing,living and investing in the new cuba,cuba investment fund,cuba investing[/tags]
Read more »