Avianca
Topic Author
Posts: 5273
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Living In Caracas

Thu Feb 17, 2005 11:52 am

Dear all,

my Venezuelian friends do you have some information regarding the costs of living on Caracas, a friend of my was asking me...
It would be great if you can tell me the cost for a flat, for food etc...

gracias i saludos
Avianca
Colombia es el Mundo Y el Mundo es Colombia
 
Airlinerfreak
Posts: 1246
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RE: Living In Caracas

Thu Feb 17, 2005 1:23 pm

I once met a girl from Venezuela and I could see right up Caracas.

I would imagine thought that it would be insanely cheap as the government down there is messed up.....anybody else agree?
 
yukimizake
Posts: 506
Joined: Mon Mar 29, 2004 10:20 am

RE: Living In Caracas

Thu Feb 17, 2005 1:40 pm

Quoting Airlinerfreak (reply 1):
I would imagine thought that it would be insanely cheap as the government down there is messed up.....anybody else agree?


According to your brilliant logic this means things should be cheap in the US too, right?

Aside from the fact that Chavez's government is left wing and as a result not so popular with the GWB administration, in what way is Venezuela messed up?


[Edited 2005-02-17 05:52:09]
'Opfer müssen gebracht werden (Sacrifices must be made)' - Otto Lilienthal
 
mia
Posts: 813
Joined: Mon Mar 01, 2004 1:40 am

RE: Living In Caracas

Thu Feb 17, 2005 2:10 pm

Caracas is very expensive. It has never been cheap to live there. There is a lto of demand for places to live. I know my mom rents a rooms for 250000 bolivares which is about83 bucks a month. That is cheap for our standards but expensive over there, I actually dont think its too expensive, she charges an average price. Food and entertainment is very expensive in Caracas. Once again I must point out it is average or cheap for those with foreign currency but for Venezuelans it is expensive.
"Like all great travelers, I have seen more than I remember, and remember more than I have seen."
 
Avianca
Topic Author
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RE: Living In Caracas

Thu Feb 17, 2005 11:23 pm

thank you for the answers, what is the minimum for two persons to have european standart each month?

regards
Avianca
Colombia es el Mundo Y el Mundo es Colombia
 
Derico
Posts: 4209
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RE: Living In Caracas

Fri Feb 18, 2005 5:11 am

European standard? That's a good question.

It would be interesting to know how big are Venezuelan 'living quarters', i.e apartments, home. Are they closer in size to Europe, the United States, or Argentina (Europe being the smallest, Argentina in between, US generally the largest)
My internet was not shut down, the internet has shut me down
 
TACAA320
Posts: 7153
Joined: Fri Aug 06, 2004 3:03 am

RE: Living In Caracas

Sun Feb 20, 2005 9:54 pm

Quoting MIA (reply 3):
Caracas is very expensive.


That's absolutely wrong!!!!!!!!!
'Science without religion is lame, religion without science is blind'. Albert Einstein
 
bongo
Posts: 1783
Joined: Sat Oct 04, 2003 5:32 am

RE: Living In Caracas

Wed Feb 23, 2005 12:05 am

Quoting MIA (reply 3):
Caracas is very expensive.

Quoting TACAA320 (reply 6):
That's absolutely wrong!!!!!!!!!


That's absolutely Right !!!!!
MDE: First airport in the Americas visited by the A380!
 
TACAA320
Posts: 7153
Joined: Fri Aug 06, 2004 3:03 am

RE: Living In Caracas

Wed Feb 23, 2005 2:01 am

Global Rank 2004
Global Rank 2003
City Index
2004
Index
2003

65
(43)
San Juan, Puerto Rico 77.9
(78.4)

84
(77)
Mexico City, Mexico 73.3
(71.6)

102
(96)
Monterrey, Mexico 68.6
(67.5)

103
(77)
Kingston, Jamaica 68.2
(71.6)

106
(91)
Panama City, Panama 67.5
(67.9)

108
(98)
Guatemala City, Guatemala 66.9
(67)

118
(108)
Lima, Peru 63.6
(63.4)

123
(134)
Santiago, Chile 62.9
(50.5)

128
(136)
São Paulo, Brazil 60.3
(49.4)

130
(113)
San Jose, Costa Rica 60
(62.6)

131
(137)
Rio de Janeiro, Brazil 59.3
(48.6)

134
(128)
Caracas, Venezuela 54
(56.9)

136
(131)
Quito, Ecuador 52.8
(52)

139
(142)
Bogotá, Colombia 48.6
(43.9)

141
(141)
Buenos Aires, Argentina 47.7
(44)

142
(122)
Santo Domingo, Dominican Republic 47.3
(59)

143
(139)
Montevideo, Uruguay 47.2
(46.5)

144
(144)
Asuncion, Paraguay 42.7
(36.5)
'Science without religion is lame, religion without science is blind'. Albert Einstein
 
mia
Posts: 813
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RE: Living In Caracas

Thu Feb 24, 2005 12:09 pm

Okay, obviously we are having a communication problem.

When I am in Caracas, and I look for rent, I goto stores, I goto buy a car, I goto buy groceries, everything is as expensive as in Miami or when i comes to food, much higher than the national average. For my apartment in Caracas we pay the same in utilities as we pay in the states (water, garbage, telefone, cable, electricity is the only that is cheapest). Anything that is imported or any service provided by a foreign company will be expensive. So if you want o maintain a European standard it will be expensive.

What does this data mean TACA?
Take it from someone that has family that lives there, Caracas is expensive. Granted, it is not Tokyo.

I wish a Venezuelan would come in and settle this.
"Like all great travelers, I have seen more than I remember, and remember more than I have seen."
 
TACAA320
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RE: Living In Caracas

Thu Feb 24, 2005 1:06 pm

Quoting MIA (reply 9):
What does this data mean TACA?
Take it from someone that has family that lives there, Caracas is expensive. Granted, it is not Tokyo.


I travel quite a lot to CCS [my brother is the Ambassador of Costa Rica in Venezuela], and that's my opinion. But comming the previous statement from a person who consider Hugo Chaves as his "hero", what else can I expect?
'Science without religion is lame, religion without science is blind'. Albert Einstein
 
luisde8cd
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RE: Living In Caracas

Thu Feb 24, 2005 11:47 pm

I live in Caracas, it's cheap.

If you live here and earn in foreign currency (US Dollars, Euros, etc) everything is EXTREMELY cheap. In the US you buy a small coke in any fast food restaurant for around $1.50, here a 2-Liter coke or pepsi is 1 USD.

A Large Big Mac meal (burger, fries and coke) sells for around USD 3. Food in general is pretty cheap.

Gasoline is around 2 USD cents per liter. You can fill your SUV's tank for less than 2 dollars.

A decent flat in a decent neighborhood in Caracas can cost you around 350-400 USD monthly.

Buying a new car, lets say a compact car (Opel Corsa, Ford Fiesta) can cost you around 9000 USD including insurance for a year, alarm, tinted windows, A/C, Cd player.

Compared to other Venezuelan cities, Caracas is indeed a bit expensive but not so much. But again, if you are living here and earning foreign currency then Venezuela as a whole is very cheap.

Anything else feel free to ask me (a reliable source, unlike others in this thread).

Saludos desde la capital de Venezuela,
Luis
 
TACAA320
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RE: Living In Caracas

Thu Feb 24, 2005 11:57 pm

Quoting MIA (reply 9):
I wish a Venezuelan would come in and settle this.



Your wish come true [See reply 11].
'Science without religion is lame, religion without science is blind'. Albert Einstein
 
TACAA320
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RE: Living In Caracas

Fri Feb 25, 2005 3:06 am

Quoting MIA (reply 9):
What does this data mean TACA?
Take it from someone that has family that lives there,


I did it. Just take a look two messages back.  Wink/being sarcastic

By the way, that data means that CCS is cheap!
'Science without religion is lame, religion without science is blind'. Albert Einstein
 
Avianca
Topic Author
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RE: Living In Caracas

Fri Feb 25, 2005 4:42 am

Quoting Luisde8cd (reply 11):
Anything else feel free to ask me (a reliable source, unlike others in this thread).



hey Luis, thank you for your update... how many bolivares do you need at least for 2 persons a month in Caracas for living in good places etc..

regards
Avianca
Colombia es el Mundo Y el Mundo es Colombia
 
mia
Posts: 813
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RE: Living In Caracas

Fri Feb 25, 2005 6:10 am

Luis proved my point, if you earn foreign currency it is cheap. For Venezuelans it is expensive. My family lives in in Barquisimeto and prices are markedly different in Caracas. Maybe I am just really cheap, but spending 9000 bolivares at McDonalds is an offense to me. Try going to a nice restaurant and telling me its cheap. Try buying a good car (not a subcompact) and telling me it is cheap. To prove my point, visit http://www.centralmadeirense.com.ve/tocador.html and see for yourself. I dontk now how much stuff is in other places but the prices of these goods are more expensive than in America.

[Edited 2005-02-24 22:20:02]
"Like all great travelers, I have seen more than I remember, and remember more than I have seen."
 
luisde8cd
Posts: 2444
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RE: Living In Caracas

Fri Feb 25, 2005 6:27 am

Quoting MIA (reply 15):
Maybe I am just really cheap, but spending 9000 bolivares at McDonalds is an offense to me.


An offense to me is paying 5 USD in Au Bon Pain in Boston for a small egg&bacon bagel and a bottle of chocolate milk. You know how many cachapas or arepas I can have here for breakfast for that amount of money?

Quoting MIA (reply 15):
Try buying a good car and telling me it is cheap. To prove my point, visit


Compact cars here are out of stock, if you are lucky you might get your name written down in a waiting list. Expensive SUVs like the Toyota's Burbuja/Autana which cost around 90 Million Bs. (32k USD) have also the same problem. The new Mazda 6 is selling like hot pancakes despite it cost (65 Million Bs.). If those werent cheap, people wouldnt be buying them, unless of course the "new revolutionary high class of Venezuela" are the only ones buying expensive cars with their new found money.
 
luisde8cd
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RE: Living In Caracas

Fri Feb 25, 2005 6:29 am

Quoting Avianca (reply 14):
how many bolivares do you need at least for 2 persons a month in Caracas for living in good places etc..


I would say between 3 and 4 million bolivares.
 
Avianca
Topic Author
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RE: Living In Caracas

Fri Feb 25, 2005 7:15 am

what is here the differenc here?

Desodorante REXONA Neutral Barra
50 Gr.
P.V.P Bs.4890


Bs.3700

what is P.V.P = precio valido al publico? so the real price including taxes?

regards
Avianca
Colombia es el Mundo Y el Mundo es Colombia
 
TACAA320
Posts: 7153
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RE: Living In Caracas

Fri Feb 25, 2005 7:28 am

P.V.P equals Precio Venta al Publico.
'Science without religion is lame, religion without science is blind'. Albert Einstein
 
luisde8cd
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RE: Living In Caracas

Fri Feb 25, 2005 8:20 am

yeah take those 3700 Bs and divide them by 2700 and you will get the price in USD. Not that expensive I think...
 
Avianca
Topic Author
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RE: Living In Caracas

Fri Feb 25, 2005 8:52 am

Quoting Luisde8cd (reply 20):
yeah take those 3700 Bs and divide them by 2700 and you will get the price in USD. Not that expensive I think...


I think it is not so easy, due the official exchange between Bolivares and USD is still 1900Bolivares per USD? And normally most of the money you earn are local Bolivares...

It is unbelivable that the Colombian Peso is now stronger than the Venezuelean Bolivar.
Colombia es el Mundo Y el Mundo es Colombia
 
luisde8cd
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RE: Living In Caracas

Fri Feb 25, 2005 1:45 pm

yes but people cannot change their bolivares freely into USD. If you want dollars at the official exchange rate you have to ask the gov to authorize your credit card to be used abroad. You'll need to submit proof that you are actually flying abroad (plane tickets, passport, visa).

Most people that need the cash have to get their USD from others and the current "black market" price there is between 2700-2800 Bs per USD, that's why the Colombian peso is stronger than the Bolivar, because 2700-2800 is the real exchange rate. If you use the official exchange rate of 1920 Bs/USD then the Bolivar is still stronger than the Peso.
 
Avianca
Topic Author
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RE: Living In Caracas

Fri Feb 25, 2005 9:58 pm

Luis,

a question, so all plane tickets, must be paid with US-Dollar in Cash or as mentioned with the Credit Card, and you are debt with the official exchange rate of 1920? How can you authorize the credit card, what is the maximum what you can spend the year? So it is possbile for example to go to the US, get US-Dollar in Cash from the Bank and get it debt only with 1920BS per USD?

thank you and regards
Avianca
Colombia es el Mundo Y el Mundo es Colombia
 
mia
Posts: 813
Joined: Mon Mar 01, 2004 1:40 am

RE: Living In Caracas

Fri Feb 25, 2005 11:03 pm

Yes. you do your things through the government agency cadivi www.cadivi.gov.ve
Iti s fairly simple to get your stuff through. I know tons of people that have their stuff on cadivi and have stopped buying on the black market completely.

There is no restriction US-> BS only BS-> US. If you have US people usually try to sell it on the black market since you get more exchange for your money.
"Like all great travelers, I have seen more than I remember, and remember more than I have seen."
 
Avianca
Topic Author
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RE: Living In Caracas

Fri Feb 25, 2005 11:14 pm

so if I work in Venezuela receive my money in BS, travel for example to Miami, I can get cash US dollars there with my Venezuelean CreditCard with the 1920 exchange, and sell them on the black market in Venezuela for 2800 BS per USD for example?

regards
Avianca
Colombia es el Mundo Y el Mundo es Colombia
 
luisde8cd
Posts: 2444
Joined: Thu Aug 12, 2004 12:02 am

RE: Living In Caracas

Sat Feb 26, 2005 1:12 am

Quoting Avianca (reply 25):
so if I work in Venezuela receive my money in BS, travel for example to Miami, I can get cash US dollars there with my Venezuelean CreditCard with the 1920 exchange, and sell them on the black market in Venezuela for 2800 BS per USD for example?


You got it man. Some people do that. For example recently I had the chance to travel in group to the US. We were almost 30, and only 1 of us was Chavista or pro-goverment. That person's parent is an extremely high ranking officer in Chavez's govt. The first thing that person did after clearing inmigration at the airport was to head for the closest ATM where that person used 4 diferent credit cards to get $400 cash from each card. So in total that person returned to Venezuela with USD 1600 (that person never paid with cash while in the US). When we got back to CCS there was a loooooooong queue line for inmigration, suddenly 2 robust dudes came out of nowhere, grabed that person's bags and passed through the inmigration booths without checking that person's passport and cutting through the whole line. That person didnt even say goodbye to the group, maybe that person was ashamed of being seen by us doing that. It pays to support the govt  Smile

Quoting Avianca (reply 23):
a question, so all plane tickets, must be paid with US-Dollar in Cash or as mentioned with the Credit Card, and you are debt with the official exchange rate of 1920?


Correct.
Quoting Avianca (reply 23):
How can you authorize the credit card, what is the maximum what you can spend the year?


As MIA said it is done through cadivi.gov.ve. It's pretty simple. And you are limited to spend USD 4000 per year.

Quoting Avianca (reply 23):
So it is possbile for example to go to the US, get US-Dollar in Cash from the Bank and get it debt only with 1920BS per USD?


Yes. But you can only get USD 400 from an ATM using your credit card, and it will count towards your $4000 anual limit.

[Edited 2005-02-25 17:22:12]
 
Avianca
Topic Author
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RE: Living In Caracas

Sat Feb 26, 2005 1:20 am

Quoting Luisde8cd (reply 26):
Yes. But you can only get USD 400 from an ATM using your credit card, and it will count towards your $4000 anual limit.


ok now the situation is more clearer for me thank you!
You mentioned ATM is limitted to USD 400, but ok you can get it 10times and have the money or get it direct from the bank...? Are the 4000 per year for each person or for each family?

thank you so much.

saludos
Colombia es el Mundo Y el Mundo es Colombia
 
mia
Posts: 813
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RE: Living In Caracas

Sat Feb 26, 2005 1:21 am

Per person. If you have a special need (like tuition payments, mortage payments, medical costs) they can authorize you more money.
"Like all great travelers, I have seen more than I remember, and remember more than I have seen."
 
luisde8cd
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RE: Living In Caracas

Sat Feb 26, 2005 1:23 am

check out my last reply, I edited it. Hope you like it MIA.

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