The United States and Cuba to Restore Diplomatic Relations

Blank Rome LLP
Contact

Immigration

Action Item: Companies should consider how improved diplomatic relations between the United States and Cuba could impact their business and employees.

On December 17, 2014, President Barack Obama announced that the United States will resume diplomatic relations with Cuba after more than 50 years. In addition to relaxing certain economic restrictions, the President announced that an Embassy will once again be established in Havana. It is expected that a fully-functioning consular presence will normalize the process for Cubans who wish to travel to the United States, as well as make it easier for Americans to travel to Cuba. Importantly, the President intends to liberalize restrictions that will benefit the Cuban private sector and, potentially, U.S. companies. Specifically, the President intends to extend general licenses, as well as expand permissible commercial sales and exports of goods and services to Cuba, including building materials and communications hardware.

Other announced changes allow U.S. and Cuban banks to build relationships and for U.S. travelers to use credit and debit cards in Cuba. Further, U.S. travelers will be allowed to import up to $400 worth of goods from Cuba, including $100 in alcohol and tobacco. Remittances by Americans to family members in Cuba also will be increased to approximately $2,000 per quarter. It is not yet known how these changes will impact related immigration laws, including Cuba-specific refugee programs and visa reciprocity.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Blank Rome LLP | Attorney Advertising

Written by:

Blank Rome LLP
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Blank Rome LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide