Rich Venezuelans hunt luxury overseas homes to flee Chavez


LONDON: The number of Venezuelans hunting for luxury homes around the world jumped by a greater degree than any country last year as political uncertainty escalated in the South American state, a report from property consultant Knight Frank shows.

The 123 percent increase of searches from Venezuela was ahead of Brazil in second place with an 81 percent increase, according to the company's Wealth Report, which for the first time tracked users of its website, where homes can cost up to 100 million pounds.

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