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      Brazil Facts And Figures

      Facts About Brazil

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          Sunset In Fortaleza, Brazil. brazil facts and figures
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          Facts About Brazil

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          Reviewed By Kathleen Peddicord

          Kathleen 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.

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            Information Type Brazil Data
            Population 212.6 million (July 2024)
            Gross Domestic Product (GDP) $2.331 trillion (2024)
            GDP Per Capita $9,168 (2024)
            Inflation Rate 4.24% (2024)
            Currency Brazilian Real (BRL)
            Exchange Rate Versus U.S. Dollar 5.43 reals = 1 U.S. dollar (Sept. 2024)
            Language Portuguese (official)
            Capital Brasilia
            Population of Capital City 4.935 million (2024)
            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: Luiz Inácio Lula da Silva. He is part of the Workers' Party.
            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/
            Kathleen

            Reviewed By Kathleen Peddicord

            Kathleen 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.

            Claim Every Giveaway
            And Deal Available Now!
            Cover for Kathleen Peddicord's book At Home Abroad
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              Brazil Facts And Figures- FAQs

              Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

              Portugal is known for Fado music and also for being the largest cork producer in the world.

              Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

              Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

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