Current U.S. Rules Concerning Travel and Trade with Cuba

Current U.S. Rules Concerning Travel and Trade with Cuba

Remittances play an important role in Cuba’s state-controlled economy, with a significant portion (an estimated $2 billion annually) coming primarily from family members in the United States. In January 2015, the United States announced regulatory changes that, among other things, increase purposeful travel to Cuba; raise remittance levels from $500 to $2000 per quarter for … Read more