Venezuela- Business News and Updates


Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.

Perceptions of Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

Perceptions of Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. We received a range of responses from 75 business owners, executives, government officials and other specialists operating in over 40 countries worldwide. 57.3% of respondents are considering expanding...

Why Start a Business in a Free Trade Zone in Latin America?

Why Start a Business in a Free Trade Zone in Latin America?

Business today in Latin America is broadening with investors seeking a chance to start businesses in these regions. However, taking the leap and starting investments in a different country can be a difficult decision regardless of extensive independent research. Realistically, some businesses are successful, and some fail due to the lack of knowledge on whether their goods and services impact the market and location. All it takes is a bit of help from an external market specialising in...

Venezuelan Immigration – What it means for the Colombian Economy?

Venezuelan Immigration – What it means for the Colombian Economy?

The exodus of Venezuelan citizens into neighbouring countries in Latin America has been called one of the worst immigration crises in Latin America, with others groups and associations stating that it is reaching the same scale as that of Syrian. Approximately 7% of the Venezuelan population has already fled their country, with Colombia taking in the majority of the immigrants. This article examines how this large number of refugees affects the Colombian economy. Quick History of the...

Possible Options on Venezuela – Part 3 of 3

Possible Options on Venezuela – Part 3 of 3

Editor’s note: As a private citizen, Steve Salisbury has provided observations to United States high-ranking officials of both Republican and Democratic administrations. Salisbury played what could be said was a key role as a de facto precursor “intermediary” between US officials and Colombia’s FARC guerrilla group before the naming of a US presidential special envoy to the peace process between the Colombian government and FARC, which together signed a peace accord in late 2016.  The report...

Possible Options on Venezuela – Part 2 of 3

Possible Options on Venezuela – Part 2 of 3

Editor’s note: As a private citizen, Steve Salisbury has provided observations to United States high-ranking officials of both Republican and Democratic administrations. Salisbury played what could be said was a key role as a de facto precursor “intermediary” between US officials and Colombia’s FARC guerrilla group before the naming of a US presidential special envoy to the peace process between the Colombian government and FARC, which together signed a peace accord in late 2016. The report in...

Possible Options on Venezuela – Part 1 of 3

Possible Options on Venezuela – Part 1 of 3

Editor’s note: As a private citizen, Steve Salisbury has provided observations to United States high-ranking officials of both Republican and Democratic administrations. Salisbury played what could be said was a key role as a de facto precursor “intermediary” between US officials and Colombia’s FARC guerrilla group before the naming of a US presidential special envoy to the peace process between the Colombian government and FARC, which together signed a peace accord in late 2016. The report in...

International Business, Politics and Economics in Latin America: What can be learned from the Venezuelan Crisis?

International Business, Politics and Economics in Latin America: What can be learned from the Venezuelan Crisis?

The Venezuelan inflation crisis is a widely known situation of great despair. Inflation has been a familiar trend in the Venezuelan economy, however, in recent years, it has taken a strong rise and can be described as hyperinflation. Prices have been almost doubling every 26 days for the past 9 months and the annual inflation rate has gone up to 83.000%, making it one of the highest rates in Latin American history. This, of course, poses a lot of political and social threats, however, there is...

Meet the Team: The Battlefield to Entrepreneurship in Colombia – Craig Dempsey

Meet the Team: The Battlefield to Entrepreneurship in Colombia – Craig Dempsey

"Being entrepreneurial in Latin America is like dancing, two steps forward and one step backwards; but always advancing”, Craig Dempsey, CEO and Founder of the Biz Latin Hub Craig Dempsey - Australian Entrepreneur in Colombia As the Group CEO and Co-Founder, Craig possesses a first hand understanding of the challenges and rewards of starting and growing a business in Latin America. Often the first point of contact for business owners and entrepreneurs looking to enter the region, Craig's...

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