Venezuelans Crowdfunding To Leave Country

Get me outta here!

Trying to live a normal life in Venezuela has gotten to be so impossible that people are crowdfunding to afford passage out of the country.

One is using the Generosity portal, an offshoot of Indiegogo, to raise funds to get their passport, pay for visas to foreign countries, buy plane tickets, and buy food. With average salaries of about $15/month, it would take about 2 years for most citizens to save enough to leave.

Even if they have funds, grocery stores now have food shortages and there is chaos in the streets.

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in balance, Banks, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Funding Portals, insufficient funds fees, Jobs and tagged , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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