Arbitrage: Live Like a Fucking King for 500 dollars a Month- Moving to Venezuela as a Tactical Economic Decision

in #travel7 years ago (edited)

This is a heads up to all of you who make a living online regarding the arbitrage opportunity that moving to Venezuela presents. Few countries in the world will give you a better bang for you buck and the climate is perfect, around 70F all year round. Not to mention Venezuelan women...

So here we go!

In recent weeks I've been thinking a lot about emigrating to Venezuela, I currently live in Argentina and I have a small income in dollars (200-250) from various activities on the Internet, such as Steemit, freelance translations, etc.


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Here in Argentina that's barely enough to rent a small room (180 dollars), basic expenses like simple food and not much else. Of course I could get a full-time job and earn around $ 800 a month. However that would consume all my time and I could not do the activities that I am passionate about, such as working at @Lince, hunting abuse (cleaning) as everyone knows is an activity that I am highly passionate about and one that I find highly rewarding.


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So, I was thinking, how I can manage to live better with the income that I have?, Via arbitrage, which basically consists in choosing the most favorable location to develop a certain activity, for example, if I buy screws in city X and then I sell them in city Y because there is a substantial price difference between both cities, I am applying arbitrage. The same applies if I have a certain income from the Internet, by choosing a city or country where my money yields more purchasing power and allows me a higher standard of living I am applying arbitrage.

Enter Venezuela

Where there is a crisis there is an opportunity and that is precisely what I see in Venezuela, an opportunity for my money to allow me a much higher standard of living, a room similar to the one I rent in a similar neighborhood in Venezuela costs 3 dollars per month, that's 60 times less !!!!!! and for 15 dollars a month I could live in a nice house or apartment in a city like San Antonio de Los Altos, which is still 12 times less and it leaves me 235 dollars for the rest of the expenses, additionally the food in venezuela costs on average 5 times less than in Argentina,(just so you get an idea the price of 2 pounds of ham or 15 pieces of sushi is 2 dollars in Venezuela) other things like electronics or imported products are worth the same, so in any case I will not end up paying more for any particular item. The price of public services, like power, water and Internet is derisory, a 20 Mb Internet connection for example will cost you 3 dollars per month.

Certainly in Venezuela there are problems such as the shortage of certain items, insecurity, etc. but when choosing a city other than Caracas to reside, such as San Antonio de Los Altos, the insecurity issue is vastly minimized. I also understand that the shortage of certain goods can be solved by having a good network of contacts in the appropriate places, and of course, with money. In addition, by working on the Internet, my presence on the street would be minimal, or at least a lot less than if for example I had to go every day to work in an office or something similar.


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Looking for cheap ways to get there I found out that a bus ticket from Buenos Aires to Caracas costs 350 dollars and the trip lasts 7 days, which gives me the opportunity to make a travel blog, since I would be practically traveling across South America by land (5000 miles), doing the Buenos Aires-Lima and Lima-Caracas route, with frequent resting stops.

In the following posts I will continue developing this topic in greater depth, I look forward to your feedback in the comments section.

Regards,
Walden.

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I also live in South America and i like your idea. You might want to live close to the Colombian border so you could get food in an emergency. There are two small issues, however, the socialist government may view you as a foreign agent. Secondly, a real civil war would be dangerous. But if you are bold and want an adventure, go for it and keep us informed. I will upvote all your posts.