The 5 Safest Places To Retire In 2023
Your motivations for an overseas move are likely as individual as you are but one universal...
Read moreInformation Type | Brazil Data |
---|---|
Population | 212,559,417 (2020) |
Gross Domestic Product (GDP) | $1.847 trillion (2019) |
GDP Per Capita | $16,462 (2020) |
Inflation Rate | 5.58% (2020) |
Currency | Brazilian Real (BRL) |
Exchange Rate Versus U.S. Dollar | 5.32 reals = 1 U.S. dollar (June 2020) |
Language | Portuguese (official) |
Capital | Brasilia |
Population of Capital City | 4.645 million (2020) |
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 | President: Jair Bolsonaro |
Income Tax Rate for Residents | 7.5% to 27.5% |
Property Tax | 0.5% to 4% |
Capital Gains Tax | 15% |
Inheritance Tax | 8% |
Rental Income Tax | 15% |
Transfer Tax | Variable depending on location (in São Paolo it is between 0.5% and 2%) |
Sales Tax | 17% to 25% |
Restrictions on Foreign Ownership of Property | No |
Local Chamber of Commerce | www.cni.org.br SBN-Quadra 01-Bloco C- Ed. Roberto Simonsen Brasilia-DF-CEP:70040-903 Tel: +55-61- 3317-9989 |
American Chamber of Commerce | www.amcham.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: It needs to be acquired at a Brazilian Embassy/Consulate 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 | Brazilian Airlines http://www.brazilianairlines.com/ |
Your motivations for an overseas move are likely as individual as you are but one universal...
Read moreBrazil's northeastern coast has had my attention for some time. Today, this sandy stretch is dead center on my radar....
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Read moreThe FIFA World Cup is nearly here. By now your Panini sticker albums should be complete and days off work confirmed. From June 14 until July 15 the eyes of the world will be on Russia, hosts of this year’s competition. The big games and World Cup rivalries are about to begin in earnest. The biggest sporting event in the world, more than 1 billion tuned in for the last final in 2014. Current world champions Germany will defend their...
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© 2008-2023 - Live and Invest Overseas - All Rights Reserved.
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