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THE 10 BEST PLACES TO RETIRE IN 2025

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Brazil Facts And Figures

Facts About Brazil


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Facts About Brazil

Kathleen

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

Where To Retire At Any Age - And Guarentee Yourself A Richer Liefstyle
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Information Type Brazil Data
Population 212.6 million (July 2024)
Gross Domestic Product (GDP) $2.331 trillion (2024)
GDP Per Capita $9,168 (2024)
Inflation Rate 4.24% (2024)
Currency Brazilian Real (BRL)
Exchange Rate Versus U.S. Dollar 5.43 reals = 1 U.S. dollar (Sept. 2024)
Language Portuguese (official)
Capital Brasilia
Population of Capital City 4.935 million (2024)
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: Luiz Inácio Lula da Silva. He is part of the Workers' Party.
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/
Kathleen

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

Where To Retire At Any Age - And Guarentee Yourself A Richer Liefstyle
Cover for Kathleen Peddicord's book At Home Abroad
Plus, Revealed Inside Your Free Book: 12 Top Places Where You Can Live The Good Life From As Little As $1000 A Month…
Revealed Inside Your Free Book:
THE SECRET THAT WILL SAVE YOUR FINANCIAL FUTURE
FREE BOOK COWBOY MILLONAIRE THE NEW AMERICAN PIONEER

Experience The World’s #1 Retirement Haven

Sept. 17-19, 2025
Valencia, Spain

Start Your New Overseas Life Today

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2025

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Brazil Facts And Figures- FAQs

Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

Portugal is known for Fado music and also for being the largest cork producer in the world.

Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

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