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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

        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.

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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.

          Start Your New Overseas Life Today

          A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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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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