(Bloomberg) -- For Venezuelan exiles with money, Madrid has become a home away from home. They are increasingly turning to the Spanish capital as a place to invest as their home country falls further into economic chaos and the political mood turns more sour in U.S. havens such as Miami. The number of Venezuelans arriving in Spain rose more than 50 percent in 2015, according to the Spanish statistics office, the biggest increase after immigrants from the Ukraine.
To contact the reporters on this story: Maria Tadeo in Madrid at mtadeo@bloomberg.net, Sharon Smyth in London at ssmyth2@bloomberg.net.
To contact the editors responsible for this story: Sheldon Reback at sreback@bloomberg.net, Charles Penty, Zoe Schneeweiss
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