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Brazil Facts And Figures

Facts About Brazil

Information TypeBrazil Data
Population204,259,812 (July 2015)
Gross Domestic Product (GDP)$3.192 trillion (2015)
GDP Per Capita$15,600 (2015)
Inflation Rate9% (2015)
CurrencyBrazilian Real (BRL)
Exchange Rate Versus U.S. Dollar3.40 reals = 1 U.S. dollar (June 2016)
LanguagePortuguese (official)
CapitalBrasilia
Population of Capital City4.155 million (2015)
Time ZoneGMT minus 3
SeasonsTropical–wet, warm/hot year-round.
Southern tip: temperate with four seasons
International Dialing Code55
Electricity110/220V / 60 Hz; Plug Types: A & B (U.S. style), C
System of GovernmentFederal Presidential Republic
Name and Party Affiliation
of Current Leader
Acting President: Michel Miguel Elias (May 2016)President: Dilma Rousseff
Income Tax Rate for Residents7.5% to 27.5%
Property Tax0.5% to 4%
Capital Gains Tax15%
Inheritance Tax8%
Rental Income Tax15%
Transfer TaxVariable depending on location (in São Paolo it is between 0.5% and 2%)
Sales Tax17% to 25%
Restrictions on Foreign Ownership of PropertyNo
Local Chamber of Commercewww.cni.org.br
SBN-Quadra 01-Bloco C- Ed. Roberto Simonsen
Brasilia-DF-CEP:70040-903
Tel: +55-61- 3317-9989
American Chamber of Commercewww.amchamrio.com.br
Praça Pio X nº 15 / 5º andar
Candelária, Centro, Rio de Janeiro
Tel: 55 (21) 3213-9200
Primary ExportsTransport equipment, iron ore, soybeans, footwear, coffee, autos
Residency and Visa RequirementsTourist 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 RetireesNone
National AirlineBrazilian Airlines
http://www.brazilianairlines.com/

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