http://www.profitableinvestingtips.com/profitable-investing-tips/invest-in-cuba Invest in Cuba President Obama is expected to announce that the United States government is going to start on the path to normalized relations with Cuba. This will include opening a US Embassy in Cuba, the first in more than fifty years. According to Voice of America the breakthrough is part of a deal featuring prisoner exchanges and talks about normalizing banking and trade ties as part of a revamp of US-Cuba relations. U.S. Republican Senator Marco Rubio of Florida said the U.S. and Cuba were moving toward normalized banking and trade ties. He also said the U.S. was poised to open an embassy in Havana in the coming months. Our interest is how to invest in Cuba. With this thought in mind let us look at foreign companies that already do business in Cuba. Foreign Companies Doing Business with Cuba Roughly 4,500 companies do business with Cuba. A small sampling of some of the companies cited in the international media as currently having commercial activities, or having had some commercial activities, or discussing some commercial activities, with enterprises within the Republic of Cuba. There are currently an estimated 4,500 companies from more than 100 countries that “do business in the Republic of Cuba” within such categories as importing to, exporting from, providing services to, or having investments within the Republic of Cuba. The point being that there are already a lot of nations and many companies with footholds in Cuba. A first step toward investing in Cuba would be to take a look at who is already there and what they are doing to make money. American Companies Doing Business with Cuba According to CNBC there already are US companies doing business with Cuba. In Corpus Christi, Texas, beans are being bagged by the thousands and shipped off to a country that for decades was considered forbidden. That country is, of course, Cuba and the beans being sent there are grown in North Dakota, according to WestStar Food President Pat Wallesen. He not only can, he has. For the past nine years, Wallesen has been filling entire container ships with 10,000 bags of beans at a time. He says the last shipment he sent to Cuba was worth $3.2 million. So, how is this legal with an embargo in place? In 2000, Congress passed reforms to that embargo allowing U.S.-based companies to export approved products to Cuba. And it’s not just beans. In fact, there are hundreds of items on a United States Commerce Department list of goods that can be exported to Cuba. According to AgriLIFE Extensionat Texas A&M, U.S. exports to Cuba peaked in 2008 at $711 million, but that number has declined in recent years. In 2010, AgriLIFE Extension says $94.8 million in corn, $99.8 million in frozen chicken and $17.8 million in wheat were exported from the United States to Cuba.

1. By www.ProfitableInvestingTips.com

2. President Obama is expected to
announce that the United States
government is going to start on the path
to normalized relations with Cuba.

3. This will include opening a US Embassy
in Cuba, the first in more than fifty years.

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Before We Continue…

5. According toVoice of America the
breakthrough is part of a deal featuring
prisoner exchanges and talks about
normalizing banking and trade ties as
part of a revamp of US-Cuba relations.

6. U.S. Republican Senator Marco Rubio of
Florida said the U.S. and Cuba were
moving toward normalized banking and
trade ties.

7. He also said the U.S. was poised to open
an embassy in Havana in the coming
months.

8. Our interest is how to invest in Cuba.
With this thought in mind let us look
at foreign companies that already do
business in Cuba.

9. Foreign Companies Doing Business
with Cuba

10. Roughly 4,500 companies do business
with Cuba.

11. Nations whose companies do business
with Cuba include the following:

12. Argentina Ecuador Mexico
Australia Finland Morocco
Austria France The Netherlands
Bahamas Germany Panama
Barbados Greece Portugal
Belize Guatemala Russia
Belgium Guyana Scotland
Brazil Haiti South Africa
BritishVirgin Island Holland South Korea
Canada Honduras Spain
Canary Islands Hong Kong Sweden
Cayman Islands Ireland Switzerland
Chile Israel Taiwan
China Italy Turkey
Colombia Jamaica Uganda
Costa Rica Japan United Kingdom
Czechoslovakia Lebanon Uruguay
Dominican Republic Luxemborg Venezuela
Denmark Malaysia

13. The U.S. CubaTrade and Economic
Council lists companies by nation doing
business in Cuba.

14. A small sampling of some of the
companies cited in the international
media as currently having commercial
activities, or having had some commercial
activities, or discussing some commercial
activities, with enterprises within the
Republic of Cuba.

15. There are currently an estimated 4,500
companies from more than 100 countries
that “do business in the Republic of Cuba”
within such categories as importing to,
exporting from, providing services to, or
having investments within the Republic of
Cuba.

16. The point being that there are already a
lot of nations and many companies with
footholds in Cuba.

17. A first step toward investing in Cuba
would be to take a look at who is already
there and what they are doing to make
money.

18. American Companies Doing
Business with Cuba

19. According to CNBC there already are US
companies doing business with Cuba.

20. In Corpus Christi,Texas, beans are being
bagged by the thousands and shipped off
to a country that for decades was
considered forbidden.

21. That country is, of course, Cuba and the
beans being sent there are grown in North
Dakota, according toWestStar Food
President PatWallesen.

22. He not only can, he has. For the past nine
years,Wallesen has been filling entire
container ships with 10,000 bags of beans
at a time.

23. He says the last shipment he sent to Cuba
was worth $3.2 million.

24. So, how is this legal with an embargo in
place?

25. In 2000, Congress passed reforms to that
embargo allowing U.S.-based companies
to export approved products to Cuba.

26. And it’s not just beans. In fact, there are
hundreds of items on a United States
Commerce Department list of goods that
can be exported to Cuba.

27. According to AgriLIFE ExtensionatTexas
A&M, U.S. exports to Cuba peaked in 2008
at $711 million, but that number has
declined in recent years.

28. In 2010, AgriLIFE Extension says $94.8
million in corn, $99.8 million in frozen
chicken and $17.8 million in wheat were
exported from the United States to Cuba.

29. If you want to invest in Cuba or do
business with Cuba look at what others
are already doing and you will be ready
when relations are normalized.