No country in Latin America looks better to invest than Brazil, now enjoying its best period of economic growth of all times. The most recent weekly analyst survey of the country´s Central Bank forecasts that the Brazilian economy is on track to grow more than 5% in 2010. Brazil was one of the first countries to recover of the 2008 internacional economic crisis. “After several decades of low growth and macroeconomic vulnerability, Brazil’s economy is now in its strongest macroeconomic position ever”, said recently the governor of the bank, Henrique Meirelles. All procedures for foreign investors establishing themselves in Brazil, and for the granting of work visas to foreigners are facilitaded by the Brazilian Ministry of Labour and Employment.

Share/Save

The value refers to direct investments done by foreign organizations buying Brazilian companies or investing into the expansion of production capabilities of firms already settled in the country. The Central Bank estimates that, in total, multinational corporations have up to US$ 370 billion already invested in the South American country.

The flow of investment occurred by now is also superior to the US$ 34,6 billion reported in 2007, until then, the highest result since the Central Bank began registering investments in 1947. Central Bank’s Economic Department Chief, Altamir Lopes, says that as oppose to stock market investors, direct investments have long-term objectives, which explains the positive results achieved even during a critical period in the world economy.

“Direct foreign investments are long term resources that keep flowing in a satisfactory way. This is a consequence of a overall perception that the Brazilian economy has solid foundations”, said Mr Lopes.

Share/Save