HomeInvest in Venezuela
The country in figures
barrels of proven crude reserves, the largest in the world
Venezuela ≈19%Rest of the world
Source: OPEC, Annual Statistical Bulletin 2026, end-2025
inhabitants in 2025
Source: World Bank, WDI
of land area
Source: OPEC, Annual Statistical Bulletin 2026
thousand barrels per day, Sep 2026
Source: OPEC, MOMR Oct 2026, secondary sources
projected real GDP growth in 2026; +7% in 2027
Projection
Source: IMF, WEO Oct 2026
inward FDI stock in 2025
Source: UNCTAD, World Investment Report 2026
Key laws in the framework
The general framework, the same nationwide.
- 1955
Commercial Code
Companies and the commercial registry.
- 1995
New York Convention
Recognition of foreign awards.
- 1998
Commercial Arbitration Law
Commercial arbitration in Venezuela.
- 1999
Apostille
Public documents between member states.
- 2012
LOTTT
Organic Law on Labour and Workers.
- 2017
Foreign Investment Law
Rights from registration of the investment.
- 2018
Exchange Agreement No. 1
Free convertibility of the currency.
- 2026
Hydrocarbons Law reform
Three routes for upstream activity.
Special economic zones have their own regime, Organic Law of 2022.
Sources: Commercial Code; UNCITRAL; G.O. 36.430; HCCH; G.O. 6.076 Ext.; G.O. 41.310; G.O. 6.405 Ext.; G.O. 6.978 Ext.
How to invest
Investment process
From decision to operation, in six stages.
See the processInvestment vehicles
Six structures to enter the market.
Compare vehicles
By region: Zulia
Zulia shares the country framework and adds its own advantages.
Orientation map. Base map: Natural Earth, OpenStreetMap.
- 3,704,404
inhabitants; the most populous state
Source: INE, 2011 Census
- 390 km
navigation channel to the sea
Source: INCANAL
- 1914
Zumaque I opened the country’s oil era
Source: National Library of Venezuela
Assessing an investment in Venezuela?
Schedule a ConsultationGeneral information on Venezuelan law; not legal advice. Page updated 21 Oct 2026.