Cost of Living in Brazil
If there is one area of the world which is growing in popularity with regards to expats it has to be South America with so many of the former troubled economies showing signs of relative strength.
Brazil is one area of South America which is most definitely on the up and catching the eye of more and more expats looking to relocate and begin a new life. However, the living costs in Brazil can vary markedly from place to place and when you consider that the cost of living in Brazil will be a major factor when deciding where to move, it is vital that you do your homework.
Where is Brazil
Brazil is the largest country in South America and the fifth largest country in the world with a predominantly Portuguese speaking population and obvious links with Portugal. The country itself is bordered by the Atlantic Ocean on the east, Venezuela, Guyana, Suriname and the French Guiana on the north, Columbia on the Northwest and Bolivia, Peru, Argentina, Paraguay and Uruguay on the west. The country itself has a population approaching 200 million people and very close economic links with the US and other developed countries around the world.
Even though vast areas of Brazil are relatively uninhabited and often uninhabitable there have been massive changes in the makeup of the country over the last 20 years. So what does Brazil have to offer and what can you expect?
Economy
The economy of Brazil has a massive variation in business sectors and is indeed the largest economy in Latin America and the eighth largest in the world. This is an area of the world which has succumbed to significant infighting, corruption and economic mismanagement although in the last 20 years we have seen a significant improvement in the political scene and the economy. The introduction of a free-market economy has had a massive impact upon the wealth of Brazil as a whole and the performance of the Brazilian economy.
The export arena continues to boom in Brazil with areas such as aircraft, electrical equipment, automobiles, ethanol, textiles, footwear, iron ore, steel, coffee, orange juice, soybeans and corned beef very popular. As well as an ever-growing export sector, Brazil is very prominent in financial affairs, commodities and technology. The Brazil today is very different to the Brazil 20 years ago and more and more people are now beginning to wake up to this fact. However, with economic prosperity often comes an increase in the cost of living in Brazil, with various assets and various goods becoming more and more popular. So how does the cost of living Brazil compare to other areas of the world?
Property
The cost of property in Brazil has, as you would expect, increased dramatically in various places such as São Paulo and the more prominent cities in the country. However, the cost of property in Brazil does vary widely with various hotspots grabbing the attention of overseas investors and expats looking to move to the region. When you consider that Brazil has a population of nearly 200,000,000 people there will continue to be a massive variation in the cost of property and the potential returns for the future. However, many of the more rural areas of Brazil may take years to attract the attention of large-scale investors therefore many of the best returns are still available in and around the larger Brazilian cities.
As with any country in the world, the major employment sectors of Brazil will attract the lion’s share of workers and ultimately greater demand for property. To give an example of the performance of property in Brazil over the last 12 months, a two-bedroom apartment in Copacabana has increased by 47% and the same property by 18% in Ipanema. Many of the more popular areas of Brazil, which often offer the best employment markets, are starting to see demand increase yet again despite the fact that the worldwide economy is still struggling. Property in Brazil is a much sought-after asset, although the Government has made a number of changes over the last few weeks which could reduce the attractions for overseas investors.
As with any overseas property market, it is vital that you take professional legal advice from parties within the countries to ensure that you are getting the best deal and you are in fact investing in the best area.
Cost of food
Generally the cost of food in Brazil compares favorably to areas such as the US and the UK due in the main to the fact that much of the produce available in the country is found within the boundaries of Brazil. However, it is worthwhile noting that inflation has fallen back over the last couple of months but many experts believe it will pick up again and break through the 5% barrier as early as August 2010. Experts believe that the rate of inflation in Brazil will rise to around 5.42% at the end of 2010 which will obviously have an impact upon the cost of food, one of the major elements of the inflation figure, in the short, medium and long term.
Despite the fact that many countries in the world are struggling to maintain financial stability in the short-term, this is not a problem in Brazil and indeed there are fears that the property market is beginning to overheat and could cause problems in the short-term. It is worthwhile researching the cost of food in Brazil, as again, it can vary widely from place to place. As with any other country in the world, no matter what your budget there will be an area of Brazil which will allow you to maintain a lifestyle which you can afford.
Entertainment
Brazil is an area of the world which continues to attract the attention of partygoers across the globe with the Rio Carnival perhaps the highlight of the entertainment industry in Brazil. However, more traditional entertainment such as restaurants, bars and clubs are all very prominent in and around the major cities of Brazil and relatively inexpensive compared to the cost of overseas entertainment. The influx of foreigners and foreign investment into Brazil has had a major impact upon entertainment facilities in some of the more populated areas of the country, with more Europeans now visiting Brazil than ever before.
There is an obvious European influence in many areas of Brazil where large expat communities continue to grow and attract more and more foreigners. However, the influx of foreign investment and foreign spending has had a major impact upon the Brazilian economy which continues to boom. Overseas investment, overseas visitors and expats all play a major role in the stability of the Brazilian economy and the prospects for the future.
I hope you found this newsletter as a learning experience interesting. Thank you...
Ricardo Severini - Creci MGF 0024655
Andréa Severini - Creci
MGF 0024652
MGF 0024652
So if you're looking for more information about the properties or want to know how to find in Poços de Caldas, MG - Brazil the property of your dreams, then go to: http://www.severiniimoveis.com.br- Or much better make us a visit, we are located:
Severini Properties – Consultoria Imobiliária – Creci 2891 J
Rua Rio Grande do Sul, 569 - Centro
Poços de Caldas, MG
CEP 37701-740
Brasil
Fone: (35) 3722 6556 - Escritório
Fone: (35) 9102 8951 - Ricardo
Fone: (35) 9146 6242 – Andréa
“Intelligence Real Estate - Real Estate Is a Big Business”
Severini Properties - Who We Are
Ricardo Severini is bilingual, has a degree in foreign trade and has worked for various renowned Real Estate companies around the world.
While in his numerous international assignments has had the opportunity to visit over 33 countries. Ricardo has won several awards as the “Best Overseas Sales Director’, for the Caribbean, Florida and Italy.
His company is always recognized internationally by offering his clients the property of their dreams. Ricardo works with his sister Andrea Severini in fulfilling this dream.
Fone: (55) 82 8823 2483
Andréa Severini brings to Severini Properties her vast experience in the real estate market and many years of successful relationships with buyers and vendors alike.
Her impressive and inexhaustible imagination, marketing know-how and organizational skills have undoubtedly made the past few years the most successful in her field.
(55) 82 9619 2483www.severiniproperties.comwww.severiniproperties.com
Nenhum comentário:
Postar um comentário