ABSTRACT
Pressures on the present and future regimes will result in policies restricting foreign investments and their operations in the island. Increased regulations and taxation may result, making these investments less profitable. The point that successor governments are bound by prior acts is valid in general political theory. The Cuban Revolution itself is an example; it confiscated American-owned property, and now it is willing to discuss compensation. The issues of due diligence and prior rights are also very important. The press recently reported that the Hotel Habana Libre, formerly the Habana Hilton, had been "sold" to a Spanish investor. The problem is that the hotel used to belong to the pension fund of the Restaurant Workers Union. Long-term business investors must look, and most often in fact do look, beyond the simple numerical values. A business is a living part of a community and a society.
