Interest rates are low – yes, like they are in the US and the UK, but inflation is stable and employment levels are rising better than ever before. Brazil is the most stable country in South America and produces over 40 per cent of Latin America’s GDP; it is now in ninth position for purchasing power in the world. Add to that political stability, infrastructure investment, an abundance of natural resources, booming tourism and an enviable climate, and it is easy to see why the country is doing so well.

Such good indicators have encouraged foreigners to invest in the country. Investors from the US have already begun to invest in the Brazilian property market as property in their own country proved too risky. Now Europeans are beginning to follow suit.

With domestic wealth increasing, the demand for property is growing at its fastest rate ever in the country, with more and more Brazilians getting on their own property ladder. Developers are struggling to keep up with demand. Foreigners getting in on the act now – still early adopters – should see the value of their property rise considerably in the coming years.

Here are some key economic facts about Brazil:

· It is one of the four BRIC nations expected to become world economic superpowers in the future (along with Russia, India and Chima)

· It is self-sufficient in natural resources

· It has a trade surplus and the third highest economic growth in the world (behind China and India)

· There is 64 per cent projected growth of the middle classes

· Cost of living is a quarter of that in UK/ Europe

More on Brazil and its developments to come soon.

Brazil is ripe for investment is a post from: PROPERTYHOUSE.org

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