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Brazil Facts And Figures

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Facts About Brazil

Information 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/

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The ideal life for many is being able to take a short drive from home to the beach, or from work directly to the beach to unwind after a hard day. People who either need to stay in a city for work or people who just prefer city life, for whatever reason, tend to find themselves shorter on options for where to live with nearby beach access. Whether your goal for a city beach is to have a place where...

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​Learn more about ​​​BRAZIL​ ​​​and other countries in our free, daily Overseas Opportunity Letter​​​​​​​​​. Simply enter your email address below and we’ll send you our FREE REPORT – ​​The 10 Best Places To Retire In 2021