The Venezuela Investor Visa program is targeted at foreign investors who are willing to make a significant financial investment in Venezuela through business development, capital transfer, or similar activity. The program grants the applicant a 3-year multiple-entry transient investor visa (TR-I), extendable in-country for up to 2 further years, after which the holder may apply for residence and may eventually qualify for permanent residency or citizenship after long-term legal stay and meeting additional requirements. Visa issuance requires approval by the Venezuelan Foreign Ministry and takes at least 30 working days. Key benefits include legal stay and business rights in Venezuela, but the process is bureaucratic, slow, and complicated by Venezuela’s economic and political situation. There is no published minimum investment threshold, but the investment must be considered substantial and benefit the Venezuelan economy. The application process and requirements frequently change, and due diligence/documentation demands are high.