Barbados Key To Cuba Investment

With the United States having eased restrictions on the Spanish-speaking Caribbean island, Bruce Zagaris, a prominent American tax attorney who has long-standing working relationship with Barbados, said the island was well poised to act as "an intermediary for foreign investment" in Cuba.

In a new analysis on investing in Cuba, the lawyer said "the potential investors who may want to access Cuba from Barbados will include, especially in the near term, hotels and other businesses engaged in tourism and related activities".

This included "transportation, as well as enterprises involved in telecommunications, building and construction, financial services, and agriculture". Importantly, all of these activities "are also all liberalised under the revised US sanctions," he explained.