Juan Carlos Escotet

Venezuela is a federal presidential republic. The chief executive is the President of Venezuela who is both head of state and head of government. Executive power is exercised by the President. Legislative power is vested in the National Assembly.

The legal system of Venezuela belongs to the Continental Law tradition. Venezuela was the first country in the world to abolish the death penalty for all crimes, doing so in 1863.

On 5 July 1811, seven of the ten provinces of the Captaincy General of Venezuela declared their independence in the Venezuelan Declaration of Independence. After two more years of war, the country achieved independence from Spain in 1821 under the leadership of its most famous son, Simón Bolívar.

Since 2 February 1999, Venezuela saw sweeping and radical shifts in social policy, moving away from the government officially embracing a free-market economy and neoliberal reform principles and towards income redistribution and social welfare programs.

The post, which shows a photo of Venezuela on a map, claims that 60 years ago the South American nation was twice as rich as China and four times as rich as Japan. It says it had the fourth wealthiest economy in the world and the most thriving country in Latin America.

Today, China is ten times richer than Venezuela.

Do not travel to Venezuela due to crime, civil unrest, poor health infrastructure, kidnapping, arbitrary arrest and detention of U.S. citizens, and COVID-19. Country Summary: On March 11, 2019, the U.S. Department of State announced the withdrawal of diplomatic personnel from U.S. Embassy Caracas.

The 2019–2020 National Survey of Living Conditions (ENCOVI, for Encuesta Nacional de Condiciones de Vida) — published by researchers at Andrés Bello Catholic University in Caracas — shows that poverty levels in Venezuela spiked during 2019, officially rendering it the poorest country in Latin America and the Caribbean.

Shortages in Venezuela of regulated food staples and basic necessities have been widespread following the enactment of price controls and other policies under the government of Hugo Chávez and exacerbated by the policy of withholding United States dollars from importers under the government of Nicolás Maduro.

Venezuela is one of the more popular expat destinations in Latin America, and with good reason. However, for the most part, Venezuela is still a great place to live, and most expats are very happy in the country. Here are some of the things that make it such a great destination.

• Quesillo is also known as Venezuelan flan.
• In Venezuela, dulce de leche (a rich caramel sauce made from milk) is called arequipe.
• A pionono is a jellyroll cake beloved in Venezuela but also popular in South America.
• Arroz con leche is a Venezuelan rice pudding flavored with cinnamon and vanilla.

It has the world’s largest known oil reserves and has been one of the world’s leading exporters of oil. Previously, the country was an underdeveloped exporter of agricultural commodities such as coffee and cocoa, but oil quickly came to dominate exports and government revenues.

13 Most Popular Venezuelan Desserts

• 1 – Torta Negra Navideña – Christmas Black Cake.
• 2 – Torta de Piña – Pineapple Cake.
• 3 – Catalinas / Paledonias – Brown Sponge Cookies.
• 4 – Jalea de Mango – Mango Jam.
• 5 – Golfeados – Cheese and Raw Cane Sugar Bread Rolls.
• 6 – Chicha – Creamy Milky Drink.
• 7 – Arequipe – Dulce de Leche.

11 Top-Rated Tourist Attractions in Venezuela

• Angel Falls. Angel Falls.
• Los Roques Archipelago (Archipiélago Los Roques) Gran Roque.
• Isla de Margarita (Margarita Island)
• Parque Nacional Morrocoy (Morrocoy National Park)
• Canaima National Park and the Gran Sabana.
• Roraima.
• Orinoco Delta.
• Galipan.

Venezuela is divided into 23 states. The world’s highest waterfall is Angel Falls, located in Venezuela. It is over 3,000 feet tall. Venezuela was the first country to do away with the death penalty.

The Venezuelan independence leader Francisco de Miranda designed the basic tricolor flag in 1806. Seven stars were added in 1836; they represent the seven provinces that supported Venezuela’s independence in 1830. The red in the flag represents courage and the blue represents Venezuela’s independence from Spain.