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
SBN-Quadra 01-Bloco C- Ed. Roberto Simonsen
Tel: +55-61- 3317-9989
American Chamber of Commerce
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

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