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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 > Transferring Bolivera's to U.S. Bank Account

Topic: Venezuela



Expert: Brian Botta
Date: 3/4/2008
Subject: Transferring Bolivera's to U.S. Bank Account

Question
Hi Brian!

I'm trying to find out how my fiance^ who lives in Caracas can wire money to my account in the U.S.  He's said that he's unable to do so. Are there other means of getting the money to the U.S.?  Can he purchase a money order and mail it and if so, will I be able to convert the funds?  How can he get the funds to me in the U.S.  Thanks so much for your assistance.

Answer
Hi Dyjah

Please review the previous answers related to taking money out of Venezuela, as I've explained this process exhaustively for previous questioners.

If your fiance isn't Venezuelan and doesn't speak Spanish, he can ask friends or co-workers for recommendations on an exchange operator who would be able to exchange the money for him and send it to you.  Pick one and starting with small amounts, just do it.

If your fiance is Venezuelan and reasonably intelligent, then I have an extremely difficult time believing that he doesn't know at least one or two people who regularly do this sort of thing.  Everybody knows about the dolar paralelo and the black market.  

It's possible that he is actually saying "I can't get the official exchange rate to send the money out of the country" and that's true.  He can't.  If he wants to send money out of Venezuela he will have to use the parallel market and pay the going price.

Cheers,
Brian


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