This migration wave includes many young people and "is having the greatest impact in history in terms of demographics, because of its composition," said Ernesto Soberon, director of Consular Affairs for the Cuban Foreign Ministry.
Cuban expats have already invested in bed-and-breakfasts, eateries and other activities on the island, but Cuba would like to see more capital flow, he said.
The conference is expected to attract Cubans living off island but with favorable views of their home country, including businesspeople, economists, and members of foreign resident associations.
Around 2.5 million Cubans and their descendents now live off the island, Soberon said.
"That will ultimately raise their standard of living so that they want to spend their lives here in Cuba and not abroad," he said.
Persons:
Marco Bello, Ernesto Soberon, Soberon, Fidel Castro, Castro, Joe Biden, Dave Sherwood, Rosalba O'Brien
Organizations:
REUTERS, Rights, Reuters, Consular Affairs, Cuban Foreign Ministry, U.S, Cuban, Thomson
Locations:
Cuban, Cuba, Miami , Florida, U.S, Rights HAVANA, Caribbean, Havana