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Brazil ‘is good for investment’

Those considering buying property for sale in Brazil could be interested to hear that the nation is being touted as one of the best countries to invest in, it has been reported.

According to the Brazil Arab News Agency (ANBA), Adman Kassar, the owner of one of Lebanon’s largest banks, claims the success of the Arabic community is visible in Brazil.

Mr Kassar, who is also the president of the General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries, told the news provider the eruption of investment has largely come about following the international financial crisis which has knocked Arabic confidence in Europe.

He explained that he was considering a number of investment opportunities in Brazil.

"We are seeking to expand our possibilities in Brazil, and we welcome Brazilian banks willing to enter Lebanon," he added.

Meanwhile, the ANBA reports that Sotherby’s Brazil claims the nation’s housing market offers a good deal to those looking for Brazilian property.

Tags: Brazil, Property, Real Estate

October 17, 2008

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