Reserva Da Praia, Brazil: Premium Beach Lots Starting at 49k
Prime Lot On This Glorious Brazilian Beach For Just US$49,000 Since January, we’ve been recommending the...
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/ |
Prime Lot On This Glorious Brazilian Beach For Just US$49,000 Since January, we’ve been recommending the...
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Read moreWe dollar-holders have enjoyed increasing buying power abroad each year since 2013, with every year eclipsing the last. Procrastinators and foot-draggers have been rewarded as they’ve watched properties get cheaper each year in dollar terms. But 2020 was different. Of the major currencies that I track, the dollar has gained in only three countries. In the remaining six countries, the U.S. dollar has lost buying power. Those same procrastinators and foot-draggers are getting a wake-up call as prices climb in...
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© 2008-2021 - Live and Invest Overseas - All Rights Reserved.