My husband's first wife lives in Baruta. I have three grown stepdaughters who live in the U.S. For the past 25 years, the first wife has lived off of the child support. And then when the daughters got older, moved to the U.S. and went to college, they started to support her. Years ago, my husband and his mother paid $40k for the first wife's apartment.
Because VE is in the news all the time, occasionally the topic of the mother comes up. The oldest says their mother is doing great, and hasn't been effected by the climbing inflation. They send her $300 a month to live on. She trades that on the black market.
So she's getting roughly 54.000 Bs a month. I read online that execs there make around 42.000 Bs/month. Is that true? That would be really nuts if $300 could turn to that much a month.
In addition, apartments in her building are selling for roughly 15.000.000 Bs. Based on the official exchange rate, that would put her $40k apartment at around $2.4 million? Can that be true?
Considering she grew up in poverty, that's quite an improvement. So the girls are worried about her. They pay to fly her back once a year for about a month to visit. They say she can't get out because she can't get a travel visa this year. Will she ever get one? What seems to be the hold up?
So my stepdaughters will wind up supporting their mother for the rest of her life, that's no surprise. But it would seem like a smart move if she sold her apartment and moved here to live with one of them. $2.4M would make them all quite comfortable. But she hasn't mentioned doing that.
Am I correct to assume that there would be restrictions on leaving the country with the proceeds from her apartment?
We don't have any hard feelings for her, and the better off she is, the less of a financial burden she is on my stepdaughters. But it seems really odd that the worse most in that country have it, the better off she is. True?