| |
|
 |
 |
Financial Benefits
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.
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.
However, since realizing their massive and largely unexploited
potential for tourism and growth, Brazil has taken a
huge step forward.
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.
Good quality residential property costs from about £30,000+,
while a massive 500sq.m luxury home in an upmarket area,
can still be bought for around £300,000-£500,000.
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.
Many Portuguese, Spanish, Italians, Germans and Scandanavians
have been buying been buying property in Brazil. In
2005 over 30% of properties worth were bought by overseas
buyers in places such as Natal and Forteleza.
- The sun
shines all year round – average
all year round temp 23-35°C (73-91°F)
- Currency exceptionally favourable at the moment making
it cheap for foreigners to invest.
- Foreign investment encouraged, you own 100% of land and
property.
-
Cost of living can be as low as 20% of the cost in the
UK ie £1.00 = 20p
- Beautiful Country with fantastic scenery
-
Some economists say Brazil will be one of the future
economic leader along with China, India & Russia
- People are always friendly and cheerful..
smiles go a long way
- Foreigners can open a bank account in Brazil where
they will earn 15% P.a interest
- Cities are vibrant and exciting with carnivals
and music.
- 5000 miles of coastline, most beaches are
empty and beautifully picturesque.
Tax
The Brazilian taxes are relatively
low and even for speculative investors
taxes
are
only 20%
of the value
increase.
If you keep a property
for 5 years or longer, there is no tax at all
on the
value increase
of your
property.
Brazil only applies a
2% transfer tax on real estate property which
keeps
the transaction
costs among
the lowest in the world.
Full, comprehensive details on
the Brazilian taxation system
can be
found under our
investment section
of the website.
|
|
|
 |
 |
 |
 |
| |