Caracas, Venezuela
Retire in Caracas, Venezuela
Last updated on Jan 03, 2023
Summary: Caracas, Venezuela is a popular destination for retirees due to its vibrant culture, diverse cuisine, and stunning natural beauty. The weather in Caracas is typically warm and humid, with temperatures ranging from the mid-60s to the mid-90s Fahrenheit. There are several retirement communities in Caracas, offering a variety of amenities such as swimming pools, fitness centers, and social activities. The cost of a nice two-bedroom home in Caracas is typically around $100,000 USD, while a nice three-bedroom home can cost up to $150,000 USD.
What is it like to retire in Caracas?
"Retiring in Caracas can be both positive and negative. On the positive side, the cost of living and day-to-day expenses are quite low. Additionally, Caracas is quite culturally vibrant, offering many opportunities for dining, entertainment, and exploration of the city and its surrounding areas. On the negative side, Caracas is considered to be one of the most dangerous cities in the world. High crime rates and political/economic instability make it a challenging place to live, especially for retirees who may not be able to physically defend themselves or interact with the authorities if necessary. There is also a severe lack of basic services (such as medical care and clean drinking water), and the availability of goods can be unreliable," said one retiree in living in Caracas, Venezuela.
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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William RussellWilliam Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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What advice do overseas retirees have for others considering retiring abroad?
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About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
