Brazil is ‘investor friendly’
People looking at buying Brazilian property could be interested to hear the country has been described as one of the world’s most investor-friendly nations, it has been reported.
The state owned oil giant revealed the Latin American government has no interest in restricting its offshore exploration, according to the Wall Street Journal.
Jose Sergio Gabrielli, the firm’s chief executive, told the publication: "Brazil has one of the freest and most investor-oriented regulation in the world – even freer than the United States of America."
In a move that could boost Brazilian property, ShelterOffshore urged investors to look at emerging markets last week.
Rhiannon Davies, the director of the expatriate website, spoke about the "potential profits and returns" Brazil real estate might offer.
It was reported last month by Bloomberg that property in Brazil will continue to boom despite an interest rate rise.
Gafisa revealed Brazilian property will not be dampened by the Central Bank’s first interest rise in three years.
For more information on Brazil property investment and to find out about uv10’s latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com
