IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 19 Jul 2012 | Removal date: open ended
Still in force

Repatriation & surrender requirements

On July 19, 2012, the Bolivian Republic of Venezuela (according to Convenio Cambiatorio Nr 20/14.07.2012, published in Official Gazette Nr. 39.968/19.07.2012) partially liberalised its foreign exchange controls in place since 2003. Concretely, it allows foreign juridical persons that participate in strategic state investment projects to hold funds with non-Venezuelan origin in foreign currency-denominated accounts in local banks.
 
 

AFFECTED COUNTRIES

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