Venezuela’s Middle Class Finds an Open Door in Peru
Venezuela’s Middle Class Finds an Open Door in Peru
Economic opportunity and welcoming public policy are spurring Venezuelan migration to Peru.
Lima — Guillermo Rasquin likes to illustrate the story behind his migration from his native Venezuela to Peru with numbers: when he bought his house in San Bernardino, a residential neighborhood in Caracas, in 2014 he paid 700,000 bolívares for it. When that home’s air-conditioning unit broke down two years later, ballooning inflation meant the repair cost 780,000 bolívares.
The deteriorating economic and political conditions under President Nicolás Maduro made life, and business, difficult; they also pushed Rasquin, a former lawyer, and some 30,000 Venezuelans to...
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