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desmab2
2/8/2017 14:33 EST

hi everyone, i am thinking about buying a farm in venezuela, with all the politic instability is it a good idea ? also is it difficult to change currency on the black market, how is it in terms of violence ?

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francescosa
2/10/2017 10:38 EST

Hi! I think that buying a farm in Venezuela could be an opportunity for foreighners because the land could be very cheap. But I really suggest you to find a local in whom you trust to make the negotiation. If not the seller could take advantage of you... In the same way with change of currency. Is not difficult to find buyers for US dolars, I suggest to check DAILY www.dolartoday.com where you will find an approximate of the exchange rate in the black market, remember that you may be offered a little less depending on the quantity and conditions of the sale.
Hope my answer will help you!

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desmab2
2/11/2017 21:56 EST

thank you it does help, do you suggest a lawyer, are they trustworthy ?

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desmab2
2/11/2017 21:56 EST

thank you it does help, do you suggest a lawyer, are they trustworthy ?

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duarte
2/15/2017 20:26 EST

Not a very good idea! It can be taken away by the chavistas!

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sandrroy
2/20/2017 06:44 EST

there are now several states that have forbidden the sale of property, and cars & trucks! You will also need a Venezuelan partner to buy anything unless you already have a Cedula (national ID card). Where are you thinking of buying? There are no guarantees that the property will remain yours if the gov't wants it for any reason. I have been in the country for over 10 years and would not recommend buying anything right now, there may be a civil war in the not to distant future!! WAIT!

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sandrroy
2/20/2017 06:44 EST

there are now several states that have forbidden the sale of property, and cars & trucks! You will also need a Venezuelan partner to buy anything unless you already have a Cedula (national ID card). Where are you thinking of buying? There are no guarantees that the property will remain yours if the gov't wants it for any reason. I have been in the country for over 10 years and would not recommend buying anything right now, there may be a civil war in the not to distant future!! WAIT!

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