In this section of the BRIC Group news section, you will find our latest news posts and articles about Brazil. This section covers a variety of topics related to the country generally. These include the Brazilian economy and news about population growth. You will also find news about tourism and statistics for the Brazilian property market. In addition, there is information specific to Northeast Brazil with particular emphasis on the state of Ceará. This features news about the local economy, employment and investment opportunities in the area. All the Brazil news comes from reputable sources including global news agencies such as Reuters and Bloomberg plus official Brazilian organisations such as the Brazilian Tourism Ministry, the Brazilian statistical office (IBGE in Brazilian) and the Brazilian Central Bank.
Figures for 2016 leave no room for doubt – foreign direct investment in Brazil is on a high. Investment in December reached the highest ever for this month of the year and 2016 finished with an increase of 6 per cent.
2017 will see more investment in Pecem Port as this key industrial area in Northeast Brazil continues to register record figures.
The Brazilian property market faces 2017 with optimism. Based on the tandem of falling interest rates and rising investor confidence, many analysts are pointing to this year as the best time to buy Brazilian real estate.
As predicted, the celebration of the Olympic Games last year brought its rewards – 2016 was the best year for Brazilian tourism ever. Not only did international visitor figures soar, earnings from tourism also experienced an important increase. In addition, the current high season promises to beat last year’s record.
The Brazilian government has just introduced an economic stimulus package, designed principally to build more properties in Brazil, particularly for the middle classes. Additional measures in the package bring welcome changes to financing in Brazil and are expected to both relieve household debt and stimulate spending.
The property market in Ceará in Northeast Brazil has always followed a slightly different track to the rest of Brazil. Property in Fortaleza, the capital, grew faster than the majority of Brazilian cities prior to 2016 and this year, property prices have continued to grow.
Top accolades plus recognition of its loveliest places, fewer visas, a booming flight market… Read the latest in the Brazilian travel market.
A recent study has revealed that the number of millionaires in Brazil is set to rise by almost 40 per cent over the next four years. The impact of this increased wealth is already reaching the luxury market in Brazil with increased sales of high-end cars, yachts, tourist packages and property.
The latest arrivals of new investment in Ceará mean the state is set to lead Latin America and add R$1.1 billion to its GDP over 30 years.
In the wake of Rio 2016, Brazilian tourism has received a definitive thumbs up from both foreign and Brazilian tourists. The Olympic Games and Rio de Janeiro were praised all round and most importantly, the vast majority of visitors expressed their intention to return to Brazil for a holiday in the future.