Will I save money living in Venezuela?
We asked expats if they save money living in Venezuela. They said...
"Living in Venezuela can be significantly cheaper than living in the United States. The cost of living in Venezuela is much lower than in the United States, with basic necessities such as food, housing, and transportation costing significantly less. Additionally, wages in Venezuela are much lower than in the United States, meaning that the same amount of money can go much further in Venezuela. As a result, living in Venezuela can be a much more affordable option than living in the United States," explained one expat living in Venezuela.
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"Financially, I live very well because the $ has gone up 800% inflation is enormous," said another expat in Porlamar, Venezuela.
Other Questions:
- What should I pack when moving to Venezuela?
- Where should I setup a bank account in Venezuela?
- Will I be able to find a job in Venezuela?
- What is life like in Venezuela?
- What do expats in Venezuela appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Venezuela?
- Is there a lot of diversity? Are people in Venezuela accepting of differences?
- What are the schools in Venezuela like?
- What are healthcare services like in Venezuela?
- What are medical services in Venezuela like?
- Are healthcare and health insurance expensive in Venezuela?
- What are emergency services like in Venezuela?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Venezuela?
- How are local medical facilities in Venezuela?
- As a foreigner living in Venezuela, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Will I save money living in Venezuela?
If you live in Venezuela, newcomers to Venezuela would love to hear your answer to this question.
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.