Venezuela

Venezuela is located in the northern coast of South America, comprised of a continental landmass and smaller outlying islands. Caracas is the capital and largest city. The Venezuelan territory was originally  colonized by Spain in 1522, and in 1811, became one of the first Spanish-American countries to declare independence. Independence, however, was not finalized until 1822, with the formation of Gran Colombia, and gained full independence in 1830.

Venezuela is a charter member of the UN, LAIA, OEI, UNASUR, ALBA, and OAS. The country is a federal republic, made up of 23 states, federal dependencies, and the Capital District. Oil was discovered in the 20th century, and today the country has the  largest known oil reserves and is leader in oil exportation worldwide.

The President of the country is elected by popular vote and Venezuela has universal suffrage. The President is head of state and government, with a 6-year term in office. Presidents can be reelected unlimited times by popular vote after completed terms. The President appoints a Vice President and defines the cabinet size during their Presidential term.

In Venezuela, the legal system belongs to the the Continental Law tradition. The Supreme Tribunal of Justice  is the highest judicial body in the country, and magistrates are elected every 2-years by parliament. Electoral processes are headed by the  National Electoral Council, comprised of 5-members, elected by the National Assembly. Venezuela was the first country in the world to abolish the death penalty in 1863.

Visitors of the National Law Review will find the latest news, stories, and legal updates from the country of Venezuela online. Political sanctions, embargoes and trade, travel restrictions, and news related to import/export of oil and petroleum, are among the stories covered online. Visitors of the National Law Review will find the latest stories affecting residents of the country, as well as international relations with other countries around the world.

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Sep
19
2023
Amazonian Nations Sign Joint Declaration but Fail to Agree Joint Target to End Illegal Deforestation Cadwalader, Wickersham & Taft LLP
Dec
9
2018
Another Sprawling Money Laundering and Bribery Scheme Involving Venezuela: Currency Exchange Rate Manipulation, Rewarded By Aircraft, Real Estate, and Thoroughbred Horses Ballard Spahr LLP
Jun
24
2023
Big Law Redefined: Episodes 6 & 7 | The State of Venture Capital in Latin America – Parts 1 & 2 [Podcast] Greenberg Traurig, LLP
Apr
29
2020
BIS Broadens Prohibition on Exports to China, Russia and Venezuela for Military End Users or Military End Use, Requires EEI Filing for almost all Non-EAR99 Exports to these Destinations, Irrespective of Value or Sensitivity, Eliminates License Exception C Wiggin and Dana LLP
May
1
2020
BIS Expands Export, Reexport and Transfer (In-Country) Controls for Military End Use or Military End Users in China, Russia or Venezuela Squire Patton Boggs (US) LLP
Oct
3
2017
Breaking News: President Trump Imposes Travel Restrictions against North Korea, Chad, and Venezuela and Removes Restrictions against Sudan; United States Supreme Court Cancels Oral Arguments in Pending Travel Ban Case Hunton Andrews Kurth
May
10
2016
Business Opportunities in Latin America - Interview with Dr. Arturo Valenzuela Covington & Burling LLP
Sep
5
2023
CBP Provides Updates on Humanitarian Parole Program for Cuba, Haiti, Nicaragua, and Venezuela Greenberg Traurig, LLP
Jul
31
2019
Could Venezuelans Gain TPS Eligibility? Jackson Lewis P.C.
Oct
8
2019
Court Of Chancery Applies Political Question Doctrine In Deferring To U.S. President’s Recognition Of Venezuelan President And Holds That Extra-territorial Effects Do Not Preclude Application Of The Act Of State Doctrine K&L Gates
Mar
15
2019
D.C. Circuit Court Affirms $1.2 Billion Arbitration Award to Gold-Mining Company Carlton Fields
Feb
12
2021
DED for Venezuelans; TPS Next? Jackson Lewis P.C.
Oct
18
2023
Details Available for Applications for TPS and TPS-Based Employment Authorization Documents for Venezuelans Jackson Lewis P.C.
Sep
22
2023
DHS Announces Changes in Work Authorization Processing Greenberg Traurig, LLP
Oct
21
2022
DHS announces new Parole Process for Venezuelan Citizens Greenberg Traurig, LLP
Sep
22
2023
DHS Extends Temporary Protected Status (TPS) for Venezuela Greenberg Traurig, LLP
Dec
4
2014
Drop Your Weapons: The United States Restricts Military Exports to Venezuela Sheppard, Mullin, Richter & Hampton LLP
Feb
14
2018
EU Adds Seven Venezuelan Officials to Restrictive Measures List Squire Patton Boggs (US) LLP
Dec
29
2017
EU Imposes Restrictive Measures, Including Arms Embargo on Venezuela Squire Patton Boggs (US) LLP
Jun
21
2019
FinCEN’s Evolving Approach to Lurking Threats in Money Laundering and Terrorist Financing: Director Blanco’s Remarks at NYU Law Ballard Spahr LLP
Jun
13
2023
Florida Governor Signs Law Restricting Investment by Certain Foreign Entities and Individuals Greenberg Traurig, LLP
Jan
30
2014
Going South: What U.S. Companies Need to Know About The Foreign Corrupt Practices Act (FCPA) and Doing Business in Latin America Barnes & Thornburg LLP
Sep
13
2018
H.R. 4606 – A Bill Aiming to Increase U.S. Exports of Natural Gas to the Caribbean and Latin America Clears the House of Representatives and is Now Headed to the Senate Squire Patton Boggs (US) LLP
Jul
26
2019
House passes TPS for Venezuela Greenberg Traurig, LLP
Oct
2
2017
Implications Arising from the Recent Venezuelan Sanctions Morgan, Lewis & Bockius LLP
Aug
29
2017
Increased Sanctions on Venezuela Place Heavy Burden on Compliance Programs at Financial Institutions Holland & Hart LLP
Jul
21
2016
Iran Legislative Action, Venezuela Sanctions Bill, TTIP: Trade Talk (11-16 July 2016 Squire Patton Boggs (US) LLP
Mar
12
2021
Labor Force: Women and Challenges Squire Patton Boggs (US) LLP
Jun
2
2023
Latin America Energy Updates: January – April 2023 Greenberg Traurig, LLP
Jul
27
2023
Latin America Energy Updates: May–June 2023 Greenberg Traurig, LLP
Oct
9
2015
Latin America’s Slump Masks Big Economic Differences Covington & Burling LLP
Sep
27
2016
Minimizing Tax on Gain from the Sale of Stock of Latin American Controlled Foreign Corporations Bilzin Sumberg
Jul
2
2021
Navigating the Travel Ban Jungle: National Interest Exception Checklist for the U.S. Covid Travel Bans Sheppard, Mullin, Richter & Hampton LLP
Nov
2
2022
New Parole Process for Venezuelans Jackson Lewis P.C.
Nov
29
2023
New Permanent Residency Pathway Launched Berry Appleman & Leiden
 

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