A Tale Of Two Kings
When the King of Rock and Roll died in August 1977, his estate was valued at...
Read moreKathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.
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/ |
Start Your New Life Today, Overseas
When the King of Rock and Roll died in August 1977, his estate was valued at...
Read moreWhen the King of Rock and Roll died in August 1977, his estate was valued at more than US$10 million....
Read moreWhen the King of Rock and Roll died in August 1977, his estate was valued at more than US$10 million....
Read moreIn 1989, Italian schoolteacher Mauro Morandi was sailing between Corsica and Sardinia when the engine of his catamaran gave up. He washed up on the shores of Budelli—an island that had gone from hosting thousands of tourists a day to being placed under environmental protection. When Morandi showed up, the only inhabitant was the island’s caretaker who was preparing to retire. Morandi took the job and has been living the hermit life on pink-sand Budelli ever since. Also, Morandi made...
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