Moving to Venezuela from Taiwan

moving to

What to Expect

Considering a move from Taiwan to Venezuela? Here's how the two compare on cost, climate, safety, and more.

If you moved from Taiwan to Venezuela, you would find that Venezuela is 31.8% cheaper than Taiwan overall. A NT$2,400,000 salary in Taiwan would need to be roughly VEF511,000 in Venezuela to maintain the same lifestyle, and you’d need to navigate life in Spanish.

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How Far Will Your Money Go?

A breakdown of how everyday costs differ between Taiwan and Venezuela.

What does your salary buy?

NT$2,400,000 → VEF511,000

To maintain the same standard of living in Venezuela

Calculate with your salary →

How key spending categories compare

Restaurants

pay 93.7% more

Groceries

pay 26.3% less

Transportation

pay 15.8% less

Housing

pay 51.4% less

Childcare

pay 81.2% less

Entertainment and Sports

pay 26.7% less

See full cost of living breakdown
Exchange rate: 1 TWD = 0.3121 VEF (October 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Key Indicator Comparison

The numbers behind daily life in Venezuela compared to Taiwan.

Will I have good infrastructure?

Internet access The World Factbook, 2024

share of households with internet

TW
90.0%
VE
76.7%

Taiwan performs better than Venezuela across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2025

percentage of the labour force without work

TW
3.7%
VE
5.3%
Top income tax rate Taxation Administration, Ministry of Finance, R.O.C., 2016

the highest marginal rate on personal income

TW
45%
VE
34%

Taiwan generally does better on employment & economy, though Venezuela leads in top income tax rate.

Is it good for families?

Life expectancy The World Factbook, 2024

average years of life at birth

TW
81.2 yrs
VE
72.7 yrs
Infant mortality The World Factbook, 2024

deaths per 1,000 live births — lower is better

TW
4.0
VE
21.2

Taiwan performs better than Venezuela across all family life metrics.

Sources: The World Factbook (2012–2022), World Bank (2015–2025), Taxation Administration, Ministry of Finance, R.O.C. (2016), Ministerio del Poder Popular de Finanzas, SENIAT (2016). How we calculate this

Visitor Visa Requirements

Short-stay tourist visa rules between Taiwan and Venezuela. To live, work, or study long-term in Venezuela, you'll need a separate residence or work visa — check Venezuela's immigration authority.

Taiwan passport

Taiwan passport holder visiting Venezuela

Visa Required
Taiwan passport holders need a visa to enter Venezuela.
Venezuela passport

Venezuela passport holder visiting Taiwan

Visa Required
Venezuela passport holders need a visa to enter Taiwan.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Venezuela than Taiwan?

On average Venezuela is about 32% less expensive than Taiwan, with major cities narrowing the gap.

How much money do I need to move to Venezuela?

Budget about VEF127,750 for 3 months in Venezuela (based on a NT$2,400,000 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Venezuela?

From major Venezuela cities the network usually holds up. Visa rules, your employer's stance on overseas employees, and tax residency in Taiwan and Venezuela are what actually decide it long-term.

What language do they speak in Venezuela?

The official language in Venezuela is Spanish. In Taiwan, the official language is Chinese.

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At a Glance

TW VE
Population 23,412,899 28,516,896
Currency New Taiwan Dollar (NT$) Venezuelan Bolívar Fuerte (VEF)
Languages Chinese Spanish
Driving side Right Right
Calling code +886 +58
Time zones 1 1
Emergency number 110 171