La Vela de Coro

In 1528 Charles V, who was in debt to German bankers, gave a charter to the Welsers, a banking family from Augsburg, to exploit the territory known as the Venezuela Province.

The first version of this tricolour flag was unfurled on Venezuelan soil at La Vela when Francisco de Miranda landed there in August 1806.

Having only a couple of hundred soldiers, Miranda had to withdraw when the Spanish began moving their forces to confront him.

[2] Miranda sailed to Trinidad, then a British colony, where his corvette the "Leander" was auctioned to meet some of the costs of the expedition.

In 2006, it was designated August 3 in honor of the disembarkation of Miranda in La Vela de Coro in 1806.

[3] The climate in this region of Venezuela is classed as semi-arid, but the site was damaged by heavy rain in 2004/2005.