Brazil Property Investment
Brazil Property Investment - before looking at Property Investment it is a good idea to start with some key economic pointers on the country. Brazil is the leading economy in Latin America, one of the BRIC nations (Brazil, Russia, India and China) and a leading exporter of many important goods. It has some of the world’s most beautiful climates and an equally beautiful and unique culture.
Key Facts
- Shrinking interest rates, now around 12%.
- Trade surplus growing from $2.6 billion in 2001 to $47 billion in 2005.
- “Sao Paulo, Brazil – Latin America Travel & Tourism is expected to generate US$186.4bn of economic activity, growing to US$304.3bn by 2017 according to the World Travel & Tourism Council’s (WTTC) 2007 Tourism Satellite Account (TSA) research, sponsored by Accenture and prepares by Oxford Economics.” World Travel and Tourism Council (WTTC) Website
- Net exporter of oil, with considerable reserves off the Atlantic Coast.
- The growth in tourism in Brazil is expected to average around 5.3% a year for the next decade, providing a steady growth in demand for holiday homes, rental accommodation and other ancillary services, against a world wide average of 4.3%.
- With world renowned Carnivals, Brazil even has its own spectator stands to house the many thousands of people who come to watch the processions.
Brazilian development in national infrastructure is forming the back bone of the country’s economic growth. Redesign by the Government of the regulations regarding investment and favourable capital ownership rules have furthered this economic growth as well as resulting in increased protection for the smaller investor, normally unable to access emerging markets.
Individuals are now able to participate in the growth of the Brazil, and it is now easier then it has ever been to own property in the country. Further more, these opportunities are being realised to their full potential by developers who are producing exquisite homes, built to the highest quality and furnishing these assets with great terms.