{"id":218654,"date":"2026-04-04T12:42:22","date_gmt":"2026-04-04T12:42:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/218654\/"},"modified":"2026-04-04T12:42:22","modified_gmt":"2026-04-04T12:42:22","slug":"cuban-american-entrepreneurs-and-future-of-investing-in-cuba","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/218654\/","title":{"rendered":"Cuban American entrepreneurs and future of investing in Cuba"},"content":{"rendered":"<p>            <img loading=\"lazy\" decoding=\"async\" class=\"responsive-image\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/MIA_24INVESTCUBA.JPG\"   width=\"1140\" height=\"641\" title=\"Nick Guti\u00e9rrez, center, president of the National Association of Cuban Landowners in Exile, lights up a cigar as he and other Cuban-American entrepreneurs gathered for a private event on March 31, 2026, in Miami to organize and pledge to invest in Cuba if there is a change in government.\" alt=\"Nick Guti\u00e9rrez, center, lights up a cigar as he and other Cuban and Cuban-American entrepreneurs gathered for a private event on Tuesday, March 31, 2026, in Miami, Florida, to organize and pledge to invest in Cuba if there is a change in government.\"\/><\/p>\n<p>        Nick Guti\u00e9rrez, center, president of the National Association of Cuban Landowners in Exile, lights up a cigar as he and other Cuban-American entrepreneurs gathered for a private event on March 31, 2026, in Miami to organize and pledge to invest in Cuba if there is a change in government.<\/p>\n<p>                Carl Juste<\/p>\n<p>            cjuste@miamiherald.com<\/p>\n<p>A group of successful Cuban American entrepreneurs and business leaders from South Florida say they stand ready to contribute to Cuba\u2019s rebuilding, but need to see major changes on the island.<\/p>\n<p>At a meeting Tuesday evening in Miami, the Cuban Americans, representing an assortment of businesses in South Florida, discussed the potential for changes that might open Cuba to international investment, especially to Cubans who left the island.<\/p>\n<p>Cuban Foreign Trade Minister Oscar P\u00e9rez-Oliva Fraga said on March 16 that Cuba <a target=\"_blank\" rel=\"Follow nofollow noopener\" href=\"https:\/\/www.miamiherald.com\/news\/nation-world\/world\/americas\/cuba\/article315071630.html\">would be open to having Cubans living abroad, including Cuban Americans in South Florida,<\/a> to invest in and own businesses on the island, though the government in Havana has since made few moves to make that a reality, or to begin to make changes to its bureaucracy to offer security and guarantees to investors.<\/p>\n<p>At an informal meeting in Miami on Tuesday, organized by publicist and real estate agent Omar Sixto, the Cuban American business leaders signed a proclamation committing to \u201cextend their financial resources, their experience, their capital and their patriotic motivation to develop a new and prosperous democratic Cuba.\u201d<\/p>\n<p>Sixto, a descendant of a tobacco-growing family whose businesses were confiscated when the Castro regime came to power, said \u201cthe drive to create businesses is in the Cuban DNA.\u201d Just as Cubans founded successful companies in exile, he said, Cuba can prosper with the help and expertise of entrepreneurs who had to rebuild their lives after fleeing communism.<\/p>\n<p>                                              <img decoding=\"async\" class=\"responsive-image\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/MIA_09INVESTCUBA.JPG\"   width=\"1140\" height=\"791\" title=\"MIA_09INVESTCUBA.JPG\" alt=\"Omar Sixto, center, greets Cuban and Cuban-American entrepreneurs as they arrive for a private event on Tuesday, March 31, 2026, in Miami, Florida, to organize and pledge to invest in Cuba if there is a change in government.\"\/>                                                                                    Omar Sixto talks with Orlando Guti\u00e9rrez Boronat at an event in Miami Tuesday evening that brought together Cuban-American business leaders to discuss the possibility of investing on the island if there are significant changes.                                                                                            Carl Juste                                                                            cjuste@miamiherald.com                                                                                        <\/p>\n<p>\u201cWe Cuban-Americans in exile are willing to move capital to Cuba when change comes,\u201d said Sixto, owner of the real estate company Brickell and Key Biscayne Realty, stressing that such efforts require the existence of a democratic government in Cuba.<\/p>\n<p>The proclamation, which carried 50 signatures, includes references to the Helms-Burton Act, the 1996 U.S. law that codified the U.S. embargo on Cuba and which prohibits its lifting until after free elections are held on the island.<\/p>\n<p>Preparing for change<\/p>\n<p>The desire of Cuban-Americans to contribute to Cuba\u2019s recovery gained momentum after <a target=\"_blank\" rel=\"Follow nofollow noopener\" href=\"https:\/\/www.miamiherald.com\/news\/nation-world\/world\/americas\/cuba\/article314867643.html\">the Trump administration confirmed<\/a> it has been in talks with the Cuban government, led by Secretary of State Marco Rubio.<\/p>\n<p>Many entrepreneurs have said they trust Rubio, a Cuban-American from Miami who is knowledgeable on Cuban affairs, to take steps that could lead to changes on the island.<\/p>\n<p>Attorney Nicolas \u201cNick\u201d Guti\u00e9rrez, president of the National Association of Cuban Landowners in Exile, attended Tuesday\u2019s event and said he feels optimistic that change in Cuba is very near. He worked with the Reagan and both Bush administrations, he said, and they never came this close.<\/p>\n<p>\u201cNow we\u2019re talking about whether the regime will survive next month. That has never been discussed in my life,\u201d said Guti\u00e9rrez, whose organization defends the interests of landowners whose properties in Cuba were expropriated by the Castro regime.<\/p>\n<p>\u201cThe problem in Cuba is the regime&#8230;. Rubio has recognized that Cuba needs new leadership. Without new leadership there is no solution for Cuba,\u201d said Guti\u00e9rrez, who has been harshly criticized by the Cuban regime for helping Cuban landowners who sued U.S. and international companies over the use of confiscated properties.<\/p>\n<p>Guti\u00e9rrez, born in Costa Rica, said his family owned two sugar mills in Cuba that no longer exist because they were dismantled by the government. The family also owned coffee plantations, a rice mill and a private bank that financed the family\u2019s operations.<\/p>\n<p>The vast majority of owners who were subject to confiscations remain on the island, Guti\u00e9rrez said, noting they may not have received as much visibility because they owned lesser-known, more modest properties.<\/p>\n<p>\u201cThe farmer who lost his farm when he rose up against the dictatorship has the same right as any landowner in Miami to recover his property,\u201d he said.<\/p>\n<p>The attorney mentioned the need to help Cubans out of the precarious situation they live in on the island. \u201cWe have to unleash the entrepreneurial energies of that people, those who stayed inside and those who are outside,\u201d he said.<\/p>\n<p>The Cuban-American entrepreneurs cited the <a target=\"_blank\" rel=\"Follow nofollow noopener\" href=\"https:\/\/www.miamiherald.com\/news\/nation-world\/world\/americas\/cuba\/article315118761.html\">lack of legal guarantees for investing in Cuba under current law<\/a>s as one key concern holding up any desire to contribute to economic progress on the island. Guti\u00e9rrez argues that, to create a climate of trust among future investors, the legitimate owners of confiscated properties should be recognized, and a path established to compensate them.<\/p>\n<p>Tobacco industry jobs in future Cuba<\/p>\n<p>Conversations at the home of plastic surgeon Jorge Su\u00e1rez Men\u00e9ndez, the night\u2019s host, continued amid anecdotes of how many of the families\u2019 businesses were founded by immigrants, both in Cuba and the United States.<\/p>\n<p>Guti\u00e9rrez\u2019s great-grandfather, Nicol\u00e1s Casta\u00f1o Capetillo, arrived from the Basque Country to Cuba at 15 in 1851. He had no money when he arrived in Cuba, yet at one point succeeded in making transactions on the London Stock Exchange at a time when they were carried out by telegraph.<\/p>\n<p>                                              <img decoding=\"async\" class=\"responsive-image\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/MIA_03INVESTCUBA.JPG\"   width=\"1140\" height=\"878\" title=\"MIA_03INVESTCUBA.JPG\" alt=\"Cigar makers Christian Louis Eiroa, center, mingles with other Cuban and Cuban-American entrepreneurs as they gathered for a private event on Tuesday, March 31, 2026, in Miami, Florida, to organize and pledge to invest in Cuba if there is a change in government.\"\/>                                                                                    Cigar maker Christian Louis Eiroa, center, mingles with other Cuban-American entrepreneurs as they gathered for a private event on Tuesday, March 31, 2026, in Miami, Florida, to organize and pledge to invest in Cuba if there is a change in government.                                                                                            Carl Juste                                                                            cjuste@miamiherald.com                                                                                        <\/p>\n<p>Christian Eiroa, who comes from a long line of Cuban tobacco growers, spoke of his grandfather, an immigrant to Cuba from Galicia. The family\u2019s business was confiscated by the Cuban revolution as well. Eiroa said he visited his grandfather\u2019s grave during a 2011 trip to Cuba with Miami Archbishop Thomas Wenski.<\/p>\n<p>Eiroa was born in Honduras and grows tobacco there, as did his father, Julio Eiroa.<\/p>\n<p>\u201cWe are one of the few industries that can generate 40,000 or 50,000 jobs overnight,\u201d Eiroa said of how he could help rebuild Cuba. \u201cWe are also one of the few industries that can bring foreign currency and tourism to Cuba.\u201d<\/p>\n<p>Cars and furniture<\/p>\n<p>Lombardo P\u00e9rez, owner of the Metro Ford auto dealership in Miami, attended the meeting with his son, Lombardo P\u00e9rez Jr., the second in charge at the car company.<\/p>\n<p>\u201cIt\u2019s important that entrepreneurs have a major influence on Cuba\u2019s recovery, especially those of us who have gained experience in the modern world,\u201d said Lombardo Sr., who arrived in the United States at age 26 and started out as a car salesman.<\/p>\n<p>Lombardo envisions opening a car dealership in Cuba, but his main motivation, he said, is to help young people understand how democracy and free enterprise work.<\/p>\n<p>                                              <img decoding=\"async\" class=\"responsive-image\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/MIA_14INVESTCUBA.JPG\"   width=\"1140\" height=\"856\" title=\"MIA_14INVESTCUBA.JPG\" alt=\"Jorge Suarez-Menendez, center, talks with Cuban and Cuban-American entrepreneurs as they gathered at his home for a private event on Tuesday, March 31, 2026, in Miami, Florida, to organize and pledge to invest in Cuba if there is a change in government.\"\/>                                                                                    Jorge Suarez-Menendez, center, talks with other Cuban-American entrepreneurs who signed a proclamation in which they pledged to contribute to reconstruction of Cuba under a democratic government.                                                                                            Carl Juste                                                                            cjuste@miamiherald.com                                                                                        <\/p>\n<p>Julio and Luis Cap\u00f3, owners of the furniture store El Dorado, which has 20 outlets in Florida, said their business roots in Cuba go back to their grandfather\u2019s resourcefulness \u2014 he started selling cattle and trading horses for furniture in Pinar del R\u00edo, later founding Casa Cap\u00f3, one of Cuba\u2019s most popular furniture stores, which they then restarted in Miami.<\/p>\n<p>\u201cIt\u2019s not about money or ambition,\u201d Julio Cap\u00f3 said. \u201cThe goal is to cooperate as much as possible with a people who need all the help we can give them.\u201d<\/p>\n<p>Julio Cap\u00f3 said his family is eager to bring their experience in furniture, sales, design and logistics to Cuba and to learn from Cubans on the island. \u201cIf you\u2019re going to start a business there, both sides have to talk, like a marriage,\u201d he said.<\/p>\n<p>Freedom near<\/p>\n<p>Activist Orlando Guti\u00e9rrez Boronat, leader of the Assembly of the Cuban Resistance, a coalition of anti-government human rights groups based in Miami, said Cuba\u2019s freedom is very near for two reasons: Cubans have been participating in citizen protests on the island for more than a month, and the U.S. government is firm in its objective to help Cubans.<\/p>\n<p>\u201cIt\u2019s time to remain united and insist on the liberation of Cuba, which means the removal of the Castro family and the Communist Party,\u201d he said. He warned that if the current regime is allowed to remain in power, it would slide back to its old ways, as has happened in Nicaragua under the Sandinistas.<\/p>\n<p>                                              <img decoding=\"async\" class=\"responsive-image\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/MIA_02INVESTCUBA.JPG\"   width=\"1140\" height=\"1041\" title=\"MIA_02INVESTCUBA.JPG\" alt=\"Miguel Villalobos, right, takes moment to sample the hors d'oeuvres as he and other Cuban and Cuban-American entrepreneurs gathered for a private event on Tuesday, March 31, in Miami, to organize and pledge to invest in Cuba if there is a change in government.\"\/>                                                                                    Miguel Villalobos, right, takes moment to sample the hors d&#8217;oeuvres as he and other Cuban-American entrepreneurs gathered for a private event on Tuesday, March 31, 2026, in Miami, to organize and pledge to invest in Cuba if there is a change in government.                                                                                            Carl Juste                                                                            cjuste@miamiherald.com                                                                                        <\/p>\n<p>Among other business people at the meeting were members of the Vald\u00e9s family, owners of the Pinecrest Bakery chain. The Sixto family was also represented by Richard Sixto, owner of Caribbean Paints in Doral; architect Rafael Sixto, and Julio Sixto, retired marketing director of Kraft.<\/p>\n<p>Gutierrez, the Cuban landowners\u2019 representative, said the goals for Cuban American business owners and entrepreneurs are clear, and he believes they are shared by people in Cuba.<\/p>\n<p>\u201cWe want democracy and stability for Cuba. People there and people here agree on that.\u201d<\/p>\n<p class=\"summary gray\">This story was originally published April 1, 2026 at 4:32 PM.<\/p>\n<p>                <a href=\"https:\/\/www.miamiherald.com\/profile\/218531655\/\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                        <img decoding=\"async\" class=\"author-thumb\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/IMG_119_Sarah_Moreno_sig_2_1_ODE7ER7D_L408676228 Cropped.jpg\" width=\"400\" height=\"400\" alt=\"Profile Image of Sarah Moreno\" loading=\"lazy\"\/><br \/>\n                    <\/a><\/p>\n<p>                <a class=\"author-name\" href=\"https:\/\/www.miamiherald.com\/profile\/218531655\/\" rel=\"nofollow noopener\" target=\"_blank\">Sarah Moreno<\/a><\/p>\n<p>                    el Nuevo Herald<\/p>\n<p>            Sarah Moreno cubre temas de negocios, entretenimiento y tendencias en el sur de la Florida. Se gradu\u00f3 de la Universidad de La Habana y de Florida International University. @SarahMoreno1585\n            <\/p>\n","protected":false},"excerpt":{"rendered":"Nick Guti\u00e9rrez, center, president of the National Association of Cuban Landowners in Exile, lights up a cigar as&hellip;\n","protected":false},"author":2,"featured_media":218655,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[123,125,124],"class_list":{"0":"post-218654","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-miami","8":"tag-miami","9":"tag-miami-headlines","10":"tag-miami-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/218654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=218654"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/218654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/218655"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=218654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=218654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=218654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}