Brazil Facts And Figures
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)|
|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%|
|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
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
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