Invest in Venezuela NOW

911

911

Peacock
Catholic
Gold Member
One of my buddies is from Maracaibo. His family had a large farming operation they had to abandon due to chaos, corruption and violence (kidnappings).

Back when there was a lot of talk of a coup with Guaido last Spring, RE prices shot up considerably. A lot of expats thought that the Maduro regime was going to be overthrown. I think this has subsided now, prices might be inching back down again.

I think Venezuelan real estate would be a superb investment IF like Scotian said you have a very long term outlook, and if you can navigate the local landscape, which is probably too difficult for foreigners with no strong local connections. But if you are going to live/move there, it seems like a no-brainer.
 
T

tomtud

Pelican
Stop!
There are countless examples where foreigners got their asses handed to them when investing in overseas properties. The paperwork, etc etc, being taken advantage as you don’t know how things work etc. I can go on and on.

I get it. You can hit the lottery with a smart investment. Unless you have money to burn and don’t collapse financially if it goes south, then good luck.
 
A

Arado

Pelican
Gold Member
Are there any real estate crowdfunding platforms similar to Fundrise that invest abroad in high risk/high return locations and have the local knowledge and connections to avoid getting scammed?
 
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