Most people who visit Brazil return again and again. The reasons are many and varied.
Friendly and hospitable people
Beautiful country with fantastic scenery
Stunning beaches
Perfect weather and climate
No hurricanes, tsunamis or earthquakes
Exceptional value for money cost of living can be as low as 20% of UK
Good investment opportunity
Strong performance of the economy; with robust growth and a trade surplus
Vibrant nightlife and carnivals
Some economist say Brazil will be one of the future economic leaders along with China, Russia & India
Foreigners are allowed to open up a bank account in Brazil.
The Brazilian economy is booming, inflation and interest rates are falling.
Foreign investments encouraged, you own 100% of the land and property unlike some other countries
Varied sports and activities
Relaxed pace of life
So if you have never been there before, now is a great time to discover one of the last big undiscovered opportunities before it is too late.
Overview - click here for direct link to Wikipedia for a more detailed country profile
Brazil, one of the most populous countries in the world, and the largest in South America with a population of over 186 million, has become one of the biggest emerging markets for foreign investors in the last couple of years. And despite extreme poverty in parts, Brazil also has massive wealth, which because of its political past is still very unevenly distributed. Around 70% of Brazilians are Roman Catholics, and the official language is Portuguese.
Today the country has well developed agricultural, mining, manufacturing and services sectors, and as the strongest economy in South America, the country is expanding its presence in the world market.
In actual fact, Brazil is rich in so many natural resources. Possessing one-third of the world’s drinking water, over half the land is very fertile with incredible biodiversity, and 58% of the country is in forest and woodland. Petrol, iron ore, gold, platinum, diamonds and timber are just some of this country’s natural assets, while about 85% of Brazil’s energy is generated from renewable resources such as hydro-electrical plants.
The country is the largest producer of coffee beans in the world, and the second biggest producer of mobile phones, executive jets and helicopters. And although Brazil borders as many as 10 countries, (Argentina, Bolivia, Columbia, French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay and Venezuela), in past years the country was quite isolationist in its policies and outlook. However, since realizing their massive and largely unexploited potential for tourism and growth, Brazil has taken a huge step forward.
Since the election of President Lula Da Silva back in 2003, inflation has stabilised, currently standing at about 7.6 %. And with 7500km of coastline, thousands of kilometres of beaches and over 300 days of sunshine per year, the Government is now promoting Brazil as a place to come both for tourists and investors.
Tourism and Real Estate in Brazil
At present, both commercial and residential property is low-priced, particularly by Western standards and thus investors are increasingly looking towards this new market where strong capital appreciation is predicted. Rental yields vary between 6% to 12%, in tourist locations, however many investors in Brazil are buying property more for capital appreciation rather than just for rental income.