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About Brian Botta
Expertise

Relocating to a foreign country and adjusting to life in a different culture, with a different language and a different set of values can be difficult. As a foreign expatriate living in Venezuela I've become rather well acquainted with how the country operates and how to avoid problems in Venezuela.

I have specific expertise with regard to the relocation of English speaking individuals and families to Margarita Island, including the associated issues of renting or buying a home, acquiring language training, acquiring a residence or investor visa, opening bank accounts, finding competent professionals (doctors, lawyers, accountants, dentists, etc.) placing children in a private school and other associated issues involved with relocating individuals or families to Margarita Island.



Experience


Experience in the area
I (a US Citizen) relocated my family to Margarita Island in early 2005, and we have been living here since that time. We are now residents of Venezuela, living normal lives and doing business here on the Island.

I am active in real estate development and sales, as well as helping foreigners relocate to Margarita Island. I'm a writer, and my website (http://bulletproofretirement.com) has over 200 articles on the various aspects of relocation abroad and moving to Margarita. As a writer and researcher I am quite experienced with providing complete answers to specific questions.

I currently assist with the relocation of 1 to 2 individuals each month, about half of them from the US and the rest from Canada and the UK. Some of the clients are retirees, others are business or real estate investors who need assistance in finding quality properties to purchase. In either case, I've become experienced in solving problems with moving to Venezuela.


 
   

You are here:  Experts > Cultures > South America for Visitors > Venezuela > Exchanging Bolivares to USD

Topic: Venezuela



Expert: Brian Botta
Date: 2/20/2008
Subject: Exchanging Bolivares to USD

Question
So I went to margarita island  in 2007, and have a substantial amount of Bolivares left over, and wondering is there anyway I exchange to get the USD equivalent?

Answer
This really depends on where you are located.  You cannot get your Bolivares exchanged in any bank, but if you were able to identify people who were going to visit Margarita, it's possible that they could purchase the Bolivares from you.

This might be managed through internet discussion groups concerning Margarita Island, but it depends on where you live.  If people where you live have never heard of Margarita Island, it's going to be tough.  

Also, if you used a tour company like First Choice, it's possible that you could contact them and someone working there would purchase the Bolivares from you for their personal use.  They're going to want a bargain in terms of the exchange rate, but something is better than nothing.

If all else fails, try selling the Bolivares on E-Bay.

I wish you luck.

Brian

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