OFAC Venezuela Investment Guide
An executive guide to OFAC sanctions and investment in Venezuela, with a sector matrix, transaction assessment steps and a due diligence checklist. Updated through September 29, 2026.
ReadFrancisco Briceño
I help investors, companies and family offices evaluate opportunities, manage risks, and execute their investments and business in Venezuela.
The risk is attempting it without someone who knows the terrain.
Investor concerns
If you are evaluating investing or operating in Venezuela, you have probably considered some of these questions. My work is to answer them with judgment and from reality, not from paper.
How do I protect my capital and repatriate profits?
What is the political reality behind the written rules?
What do I do if the rules change overnight?
Who can I trust as a local partner?
How do I solve a problem when the operation gets complicated?
If these questions feel familiar, let's talk.
Contact meApproach
Professional profile
Francisco Briceño was born in Venezuela and currently resides in Caracas.
He studied Law at Universidad Católica Andrés Bello (UCAB), earned a Master of Laws from The American University in Washington, D.C., and completed the Advanced Management Program at IESA.
He began his professional career in Washington, D.C., with an internship at the Banking and Finance Commission of the United States Congress, and later served as a junior lawyer at the Inter-American Development Bank (IDB). He later moved to New York, where he served as an international lawyer at Sullivan & Cromwell.
After returning to Caracas, he has worked to date as a lawyer in his own firm, specializing in corporate, financial, technology and foreign investment matters, advising both Venezuelan and international companies.
He has served as an external director of several companies and as a director of various binational chambers, including the Venezuelan-Japanese Chamber and the Venezuelan-French Chamber. He was also president of the Venezuelan Chamber of Electronic Commerce and received the medal and diploma of honor from the Federal District Bar Association for his professional merits.
Francisco was a professor of Law at the Instituto de Estudios Superiores de Administración (IESA) for nearly two decades. He has written articles published in Venezuelan newspapers and magazines, as well as papers on the legal regime of mutual funds in Venezuela, virtual arbitration and an introduction to the Telecommunications Law, among others. He speaks fluent Spanish and English.
Professional services
Advisory areas
I help investors, companies and family offices evaluate opportunities, manage risks and execute their investments and business in Venezuela.
Business evaluation and execution
Is the business executable in practice? I analyze real viability, entry barriers and the conditions required to execute, not only to plan.
Capital protection and repatriation
How to protect your capital, structure the investment and repatriate profits with legal judgment and business vision.
Partners and key actors
Identification of reliable local partners and the actors who truly move decisions.
Regulatory and political risk
A reading of the political reality behind written rules and how to adapt to sudden regulatory changes.
Legal and business advisory
Legal and business judgment to resolve complications and structure operations successfully.
Integral platform
CEO OF MULTIVAL
Francisco is CEO of MULTIVAL, an integral business solutions firm founded in 1988. From there, he coordinates financial, legal, wealth, insurance and accounting services when the client requires an execution platform.
Learn about MULTIVALPerspectives
Content for investors
Articles, interviews and reports to understand opportunities, risks and business decisions in Venezuela. This list is prepared to grow as self-managed content.
Perspectives
Perspectives
Venezuela’s New Hydrocarbons Regulatory Framework
Legal and investment considerations for Venezuela’s hydrocarbons framework: private participation, contractual structure, fiscal regime and investor due diligence. August 2026 edition.
ReadContact
Confidential contact
Reliable information is a scarce asset. The value lies in translating Venezuela's reality into clear, actionable decisions: what can be executed, with whom, under which risks and with what structure.
A discreet channel to evaluate an opportunity, partnership or strategic inquiry. For integral solutions in wealth, insurance, legal, finance or accounting, I can also coordinate contact with MULTIVAL.