Reasons for investors to celebrate Brazil's Independence Day
BRAZILBrazil Guide
Brazil Property
Investment Property Brazil
MOROCCOMorocco Guide
Morocco Property
Investment Property Morocco
EGYPTEgypt Guide
Egypt Property
Investment Property Egypt
ITALYItaly Guide
Italy Property
Investment Property Italy
TURKEYTurkey Guide
Turkey Property
Investment Property Turkey
MALAYSIAMalaysia Guide
Malaysia Property
Investment Property Malaysia
International Property Investment
Why Invest in International Property
Property Investment Strategies
SIPPS
REITS
SSIA
International Property World
Why Choose IPW
IPW Due Diligence
Client Testimonials
Reasons for investors to celebrate Brazil's Independence Day
Reasons for investors to celebrate Brazil's Independence Day - 16 August 2007 - Easier NewsSeptember the 7th is an incredibly important day in the Brazilian calendar – it's a significant national holiday when all Brazilian citizens come together to commemorate Independence Day and to remember when, in 1822, their nation finally achieved its autonomy from three centuries of Portuguese rule.
Today Independence Day in Brazil focuses more on celebrating the current and future achievements of the most successful economy in South America which is rapidly developing, successfully expanding and built on extremely robust fundamentals - and so if you're in Brazil on September the 7th you'd better be prepared to party!
Brazil is truly an exciting and continuously emerging economic success story; it's a nation that has suffered more than its fair share of political and economic upheaval, even in its recent history. For example Brazil only returned to democratic rule in 1988, and then in 1999 Brazil suffered a mass exodus of investor interest and it required an IMF rescue package in 2002.
But with the successful election of Luiz Inácio Lula da Silva as President in 2002, Brazil's fortunes began to change significantly for the better.
The IMF loan was repaid early; by 2004 the Brazilian economy was out performing all expectations and GDP is on target to grow by over 4% again this year. 2004 also saw real estate prices increase by as much as 20% in the north-eastern region of the nation where property investor focus remains particularly intense and where the strongest rental yields and capital appreciation percentages are still recorded.
There was a 134% increase in visitor numbers between 2002 and 2005 with the World Travel and Tourism Council announcing in March of this year that travel and tourism demand in Brazil is now growing at a rate of 7.2% annually which is vastly in excess of global averages.
It's therefore abundantly clear that since Brazil's new administration took office, the government has succeeded in creating an economy ripe for foreign investor interest and in promoting a fiscal and political environment conducive to growth.
However some property investors wondering when to time their entry into Brazil's real estate sector have been biding their time and watching for signs of the sustainability of the current reforms and development of the nation economically and politically speaking. So now that all predictions for the healthy continuance of development are positive, some of the largest property investors in the world are making their market entry and committing to the long term for maximum profitability and thus leading the way for the rest of us.
In June 2007 it was announced at the Reuters Real Estate Summit in New York that General Electric Real Estate, which is one of the world's largest and most diversified real estate investors and a global company that property investors the world over watch and learn from, is entering Brazil's property market. Joseph Parsons, president of North American equity at GE Real Estate dubbed Brazil "the new Mexico" - i.e., a market in which GE has already invested hundreds of millions of dollars into property - and so this bodes exceptionally well for the levels of global confidence in Brazilian property as an ongoing concern.
Related Articles
General Electric Company want Brazilian Real Estate
Cyrela Net Rises 85% as Lower Rates Feed Brazil Housing Demand
Brazilian Property Market Booming
Brazil Real Estate: Bullish Outlook
Up and coming Brazil
Invest in Brazil … are you nuts?
Restrictions for Foreigners When Buying Rural Properties
8 Reasons to Invest in Brazil's Real Estate
Brookfield Creates $700 Million Brazil Property Fund
| FREEPHONE US TODAY |
INTERNATIONAL Freephone Number 0800 011 2352 |
| Investment Guide Brazil |
| Download your FREE BROCHURE NOW |