About Francisco Salas Expertise Knowledge on air transportation, tourism in Venezuela and Caribbean, government organizacion, private sector investment oportunities, Venezuela logistics, Banking/Finance and Real Estate in Venezuela and Florida USA (Real Estate Broker and Mortgage Broker Lic. in Florida) Principal at Florida Home Trust Realty LLC, Miami FL.
Experience Civil Engineer, Aeronautical Engineer, Airplane Pilot Instrument rated, Master in Planning and Management
Organizations Venezuelan Chamber of Construction, Board of Directors Aeropuerto Caracas OMZ (SVCS)
Education/Credentials SM. Aeronautics and Astronautics MIT 1986
MS Infrastructure Planning and Management Stanford University 1983
MS Engineering Stanford University 1983
Civil Engineer Universidad Metropolitana 1980
Awards and Honors Sigma Xi The Scientific Research Society MIT Chapter 1985
Expert: Francisco Salas Date: 4/27/2008 Subject: Merida, Venezuela
Question Hello, I want to move to Merida and conduct my US-based businesses from there. I have found inconsistent information about the cost of living in Merida. Some have cited very low prices (relative to US/Europe), where others say Venezuela is very expensive to live. I live very modestly in the US, eat at home, do not travel much, modest home, etc. I know it is a difficult question, but can you give me an up to date estimate of the cost of living, either per person, or for a family? I will live on the local economy, not as a tourist. (I saw answers from 2006 and 2007 but I know inflation is an issue).
Answer Hello Mark
It all depends on how you do it. If you rent your home in the USA and have no mortgage to pay, then with that income you can have a similar quality of life but cheaper life costs in Merida.
If your US Bases businesses produce income in US dollars, then you are King, if your expenses are in Bolivars. The other way around is difficult.
Per person, with USD 1.000 per month, you are fine, for a family of four with USD 3.000 per month, more than fine.
Flag this e-mail as private, send me your e-mail, and I can help you further with exchange rates (USD to VEB)