| Population |
190 million (July
2007) |
|
Gross Domestic Product (GDP) |
$1.8 trillion (2007) |
|
GDP Per Capita |
$9,700 (2007) |
|
Inflation Rate |
4.1% (2007) |
| Currency |
Brazilian Real (BRL) |
|
Exchange Rate Versus U.S. Dollar |
1.85 reals = 1 U.S. dollar (March 2007) |
|
Language |
Portuguese (official) |
|
Capital |
Brasilia |
| Population of Capital
City |
2.5
million (2007) |
| Time Zone |
GMT
minus 3 |
| Seasons |
Tropical--wet, warm/hot year-round
Southern tip: temperate with four
seasons |
|
International Dialing Code |
55 |
| Electricity |
110/220V / 60 Hz; Plug Types: A & B (U.S. style), C |
| System of Government |
Federal Presidential Republic |
Name and Party
Affiliation
of Current Leader |
Luiz Inacio Lula da Silva
Worker's Party |
|
Income Tax Rate for Residents |
15%
to 27.5% |
|
Property Tax |
0.3% to 1%
0.3% to 20% (in rural areas) |
|
Capital Gains Tax |
15%
to 20% |
|
Inheritance Tax |
0% |
|
Rental Income Tax |
15% |
|
Transfer Tax |
2%
to 6% |
|
Sales Tax |
17%
to 25% |
Restrictions on Foreign
Ownership of Property |
|
|
Local Chamber of Commerce |
www.cni.org.br
Av. Nilo Peçanha, 50 grupo 2718
20044-900 Rio de Janeiro
Tel: 55 (21) 534-8139 |
|
American Chamber of Commerce |
www.amchamrio.com.br
Praça Pio X nº 15 / 5º andar
Candelária, Centro, Rio de Janeiro
Tel: 55 (21) 3213-9200 |
| Primary Exports |
transport equipment, iron ore, soybeans, footwear,
coffee, autos |
| Residency and Visa
Requirements |
Tourist Visa: automatic 90 days upon entry
Residency: Businessman/Professional, Entreprenuer,
Investor, Retiree, and High-Level Specialist visas
Citizenship: uninterrupted residency of 15 years
and clean
criminal record; Investor Visa holders
can apply after 4 years of residency |
Special Benefits for Foreign
Residents or Retirees |
none |
|
National Airline |
VARIG
www.varig.com |
| Preferred Contact |
|
