Brazil Facts And Figures

Colorful yellow, green, and blue steps in Rio de Janeiro, Brazil

Facts About Brazil

Population 204,259,812 (July 2015)
Gross Domestic Product (GDP) $3.192 trillion (2015)
GDP Per Capita $15,600 (2015)
Inflation Rate 9% (2015)
Currency Brazilian Real (BRL)
Exchange Rate Versus U.S. Dollar 3.40 reals = 1 U.S. dollar (June 2016)
Language Portuguese (official)
Capital Brasilia
Population of Capital City 4.155 million (2015)
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
Acting President: Michel Miguel Elias (May 2016)President: Dilma Rousseff
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.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: 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/

Retire Overseas Now

Sign up for our free daily dispatch Overseas Opportunity Letter and immediately receive our FREE research report on the best places to live and retire overseas today.

Each day you will discover the absolute best places to retire, buy property, and live for less overseas. 

We Value Your Privacy. Guaranteed.

More from Brazil...