Over the past fifteen years, Brazil, the largest country in South America and the only Portuguese-speaking country on the continent, has built a new developmental model underpinned by fiscal responsibility, social inclusion, reversal in external weaknesses and monetary stability. As per 2008 findings, Brazil is currently the world’s eighth largest economy in terms of its GDP and the ninth largest country in terms of its nationals ‘purchasing power, making it one of the leading destinations for foreign investments in the world. Brazil’s main competitive advantages, according to the Brazil Trade and Investment Promotion Agency, include a broad customer base, long-term future market stability, good political set up and pleasant geographical conditions. With success stories like Igor Cornelsen to boast, Brazil is the place to be now. Read some of the best qualities below:
With a population of 186 million that includes more than a million multimillionaires who visit European styled homes situated far away from the country’s mega-cities, the Federal Republic of Brazil is assured of long-term market stability. The country also has an attractive consumer market due to the growing middle-class population that has access to finance. The prospect of increased spending powers of the Brazilian population that is set to continue increasing over the years also makes investing in Brazil attractive.
Brazil is also a democracy with a stable political system, and it prioritizes on developing investment and business infrastructure. The government is maintaining the economic capacity of the country to provide increased business opportunities. This effort had helped Brazil to enact universal and clear guidelines for the productive sector that guarantee predictability and transparency for investors. There are infrastructural facilities, including transportation facilities, throughout the country.
The conspicuous efforts of the Brazilian government to develop scientific and technological infrastructure is also luring foreign investment. Investors in Brazil can turn to the Brazil Export Trade and Investing Guide, a website that highlights the country’s business and investment opportunities and promotes foreign trade and investment. This efficient government coordinated website brings together information on business and investment opportunities. The online guide follows the international trend toward cooperating organizations sharing products and services in a standardized platform and optimizes access to information and quick response to critical questions.
Brazil is also naturally endowed with abundant biological diversity. The world’s fifth largest country is home to the Amazon rainforest, filled with abundant natural resources and spread over 3.6 million kilometers. These resources and the cycle of economic growth have made the country one of the leading destinies for foreign investment in the world.