business

Cuban American Investors Draft Plans For Cuba After Communism

News

· business, world

Group of well-dressed Cuban-American business leaders mingling at a Miami poolside gathering overlooking Biscayne Bay
Illustration

Sixty-seven years after Fidel Castro's government nationalized Cuban families' land and businesses in 1959, a Miami real estate developer in his early 80s says the group he leads is now drafting the paperwork to go back, according to BBC News, published Oct. 2, 2026.

Juan Omar Sixto, president of the newly formed Cuban-American National Chamber of Commerce (CANCC), hosted the organization's fourth gathering at a Miami home overlooking Biscayne Bay, BBC News reported. The chamber has created proposals for a Cuban stock exchange and formed committees covering energy infrastructure and food security, according to the outlet.

What is the Cuban-American National Chamber of Commerce?

CANCC is a fourth-meeting-old organization of prominent Miami-Dade Cuban-American entrepreneurs, Sixto told BBC News. Its stated objective, in Sixto's words, is "to be in Cuba once the regime falls." Sixto said members plan to "go and do business in Cuba right away," pairing commercial activity with humanitarian aid and medical supplies, per the same report.

How many economic measures has Cuba's government announced?

Cuba's government has announced 176 economic liberalization measures, BBC News reported, citing the island's leadership response to what the piece describes as Washington's "maximum pressure" campaign. President Miguel Díaz-Canel characterized the changes as efforts "to advance the defence of socialism, to support and widen social justice," according to BBC News. The same measures, per the report, include lifting the cap on how many workers a private business can hire, permitting direct hiring and firing of Cuban employees, and allowing ownership of multiple enterprises at once, including by Cuban nationals.

Why do exiles still distrust Havana's reforms?

Critics inside Cuba view the 176 measures as resembling "full-blown capitalism" despite the government's socialist framing, BBC News reported. The outlet noted that claims from Miami exiles about an imminent transition are "mostly met with scepticism" on the island itself — a split BBC News presents without resolving which side is correct.

What role does the Trump administration play?

Sixto told BBC News the difference between this planning cycle and decades of prior Miami contingency documents is the current US administration's push to force total change on the island. He said CANCC has access to contacts close to Secretary of State Marco Rubio, according to the report. BBC News separately referenced an oil blockade on the island and additional US sanctions on Cuban companies and officials as elements of the pressure campaign, though neither sanctions figure nor blockade duration was quantified in the available reporting.

What happens on "the day after"?

Sixto's planning language — "the day after" — frames CANCC's committee structure, which BBC News said spans energy, food security and capital markets. No timeline for a Cuban government transition, and no dollar figures for proposed investment, appear in the sourced reporting. The chamber's stock exchange proposal remains a planning document, not an operating entity, per BBC News's Oct. 2, 2026 report from Miami.

Blackouts have struck the island as recently as Sept. 19, 2026, and additional US sanctions on Cuban companies and officials were imposed Aug. 21, 2026, according to headlines referenced within the same BBC News article, underscoring the economic backdrop against which Miami's planning is occurring.

Disclosure. Legal entity: Pinewood Creations LLC. Smorgi Apps appears only as an affiliate partner in house slots — not as publisher or owner. See our affiliate disclosure.

Questions

What is the Cuban-American National Chamber of Commerce (CANCC)?

CANCC is a Miami-based organization of prominent Cuban-American entrepreneurs, led by Juan Omar Sixto, that is drafting business and infrastructure plans for Cuba in anticipation of a change in government, according to BBC News.

What economic changes has Cuba's government announced?

Cuba's leadership announced 176 economic liberalization measures, including lifting caps on private-business hiring and allowing ownership of multiple enterprises, which President Miguel Díaz-Canel described as defending socialism, per BBC News.

Sources

More from HTT News

Briefing

Top stories from the HTT News network by email. Free. No noise.