BLUEEE - you are somewhat misinformed. Check it out:
http://www.mondaq.com/...tedstates/x/363214/Export+controls+Trade+Investment+Sanctions/US+Begins+Easing+Cuba+Embargo+New+Opportunities+and+Challenges
When do the relaxations take effect?
The president's statement, and guidance issued by the Office of Foreign Assets Control (OFAC), indicates that changes will not be effective until implemented through agency action. Administration officials are optimistically stating this will be a matter of weeks.
What changes are likely to take place?
•Expansion of Travel to Cuba Under General Licenses. Currently many U.S. travelers to Cuba need specific licenses (issued by OFAC to individuals or organization) for trips to Cuba. General licenses (such as those for Cuban Americans to visit family members in Cuba), apply to any person who meets the relevant criteria – provided travel is arranged through OFAC-licensed travel providers. It is likely that the first change to the current system will be the issuance of general licenses covering a wider set of travel activities.
•Remittances. Levels will rise from $500 to $2,000 per quarter for Cuban nationals, and a general license will be issued to allow donations for humanitarian projects and to support private business (specific licenses will no longer be required).
•Expanded Exports to Cuba. The limited types of exports allowed to Cuba will be expanded to include certain building materials for private residential construction, goods for use by Cuban private sector Cuban entrepreneurs and agricultural equipment. Exports to Cuba are administered by the U.S. Department of Commerce Bureau of Industry and Security (BIS), which will likely create new licensing and/or notification procedures for these items, as well as delineating exactly what products are eligible for export to Cuba.
•Expanded Imports. The almost total ban on imports from Cuba will be relaxed to allow travelers to bring in up to $400 worth of Cuban merchandise (limited to $100 of tobacco and alcohol).
•Processing Transactions Between U.S. and Cuban Banks. This will be done through various mechanisms including allowing U.S. credit and debit cards to be used in Cuba and allowing U.S. banks to open correspondent accounts at Cuban banks to facilitate processing of transactions.
•Telecommunications. There will be an expansion of the sales of commercial communications devices and services and U.S. telecommunications providers will be allowed to establish necessary infrastructure to improve telecommunications between the U.S. and Cuba, including Internet access for the Cuban people. (Note that it is unclear whether Cuba has agreed to specific steps to allow more access for its citizens to the Internet and modern telecommunications.)
•Port Calls. The restriction on foreign flag vessels calling on the U.S. if they have called in Cuba in the last 180 days will be modified in the case of vessels that called on Cuba and engaged in certain "humanitarian" trade. It is not expected that this restriction will be lifted on cruise ships in the short term, however, it is possible if there is pressure from the cruise lines.
•Services to Cubans in Third Countries. U.S. persons, including non-U.S. subsidiaries of U.S. companies, will be able to provide goods and services to Cuban nationals when they are abroad. For example, a U.S.-owned hotel in Europe can provide hotel and restaurant services to a Cuban national.
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