Your number 1 partner when buying property abroad
With the Atlantic Ocean to the East, Brazil is the fifth largest country in the world in terms of population (nearly 192 million in 2007) as well as in land area (8,511,965 km2) which is nearly the size of the United States. Founded by Portuguese explorers in the 1500’s, Brazil is now South America’s powerhouse and shares its borders with almost all the South American nations. Currently the worlds 10th largest economy, Goldman Sachs, predict that it will grow to be the world’s 5th largest economy by 2050.
It is a country both rich is culture and natural resources, boasting gold
and platinum reserves amongst it’s natural minerals, as well as being
self sufficient in terms of oil reserves and has almost one third of the
world’s water reserves.
The tropical climate produces year round temperatures of 28ºC with gentle
Atlantic breezes moderating the heat from the overhead sun being so close
to the equator. Brazil's rainy season is minimal in the buoyant investor’s
hot spot of the North East, providing low humidity and is also reassuringly
free from natural incidents such as hurricanes, tropical storms and earthquakes.
According to NASA, the semi virgin coastline of North East Brazil boasts
the purest air on the continent and second purest in the world after Antarctica!
Brazil enjoys beautiful unblemished palm lined beaches, planet saving
rainforests, breathtaking scenery, the freshest fruits from the land and
sea and a friendly culture that has an infectious lust for life. As overseas
visitors are falling in love with the North East of Brazil, tourism figures
are expected to double over the next couple of years to over 9 million.
TOP 10 REASONS TO INVEST IN BRAZIL
Currently one of the easiest places in the world for foreigners to invest and enjoy 100% freehold ownership, with the Brazilian Government giving you the same legal ownership rights as Brazil nationals.
Presently the world’s 9th largest economy, financial experts Goldman Sachs, indicate that Brazil will be the world’s 5th largest economy by 2050. Along with Brazil, the future economic world leaders are predicted to be - Russia, India and China (BRIC’s).
Excellent currency exchange rates can be achieved, as the Purchase Contracts are in R$ (Brazilian Reis) and can be exchanged from a choice of Pound Sterling, US Dollar and the Euro, making it cheaper for foreign investment.
Capital appreciation has seen much acceleration with property prices in North East Brazil, increasing 100% in the last 36 months and in excess of 20% expected year on year, making it one of the world’s leaders in the emerging property market.
Purchasing property is easy and non-Brazilians simply apply for a CPF number (tax registration number) which your appointed lawyer can arrange for you. This document then allows you to buy real estate or open bank accounts which offer foreigners a lucrative 15% interest per annum.
The growing middle classes make up 20million households in Brazil and provide a very strong rental and resale market in a country that requires more housing.
The local currency is stable, inflation is at an all time low and interest rates are continuing to rapidly fall, in a thriving economy that boasts a cost of living 30% below that of Europe.
Strong domestic and international tourism markets, thanks to the government’s forward thinking initiatives and an investment of $USD 750 million in this sector, producing private rental yields in excess of 9% per annum. New international airports and large overseas holiday operators are preparing for the rapid growth, which will be further embellished by the 2014 World Cup Finals.
Not only attracting foreign investment through property, Brazil is fast becoming the world-leader in attracting foreign investment through business with large Corporates flocking to open bases in the cities there. It is also the world’s largest provider of soft commodities.
Year round sunny temperatures of 28ºC, spectacular scenery, unspoilt white sandy beaches, world class architecture, cities by the sea and negligible risk of war or natural disasters, is it any wonder why Brazilians have a rich and diverse culture, are passionate for life and full of enthusiasm?
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