Expat Advice: Financial Issues in Caracas, Venezuela

What is the name of the city or town that you are reporting on?

Caracas

What sort of challenges or frustrations have you encountered as an investor living overseas? Please describe.

The challenges and frustrations in Venezuela is the general politics of the present president. Just crazy. It is greatly handicapping the country and its citizens from competing with the rest of the Third World. During the past few years, foreign investment is fallen. Local businesses are failing. The people are having a tough time and they blame rightly or wrongly the present administration.