Investment framework and opportunities in Venezuela

Procedures Relative to Foreign Investment

Obligation to Declare: Foreign investments are encouraged in Venezuela, and protected by a new legal framework, especially through the dispositions stipulated in the Decree 2095.
The country's agency promoting foreign investment provides information about the permits necessary to business establishment.
Competent Organisation For the Declaration: Venezuelan Council for Investment Promotion
Requests For Specific Authorisations: None. In strategic sectors a special authorization is needed.

Investment Aid Agency: Venezuelan Council for Investment Promotion
Tenders, Projects and Public Procurement: Inter-American Development Bank, Tenders in South America
DgMarket, Tenders Worldwide
Other Useful Resources: Venezuela is an investment opportunity today - CONAPRI (in Spanish)

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