Brazil Property News: Brazil: a 'desirable' place to visit and invest




1st October 2007 09:17


Brazil has become a "desirable and safe" place to visit and invest, according to industry experts.

Amberland, an independent online property investment research company, has said that economic growth and a budding tourist industry have created a lucrative property market in Brazil.

According to the World Travel and Tourism Council, travel and tourism interest in Brazil is currently growing at a rate of about 7.2 per cent annually.

Director of Amberland, Rhiannon Williamson, said that Brazil has been committed to a "fiscal overhaul" which it had been successful in achieving so far.

"Greater promotion of the nation as a desirable and safe place to visit, invest, do business and live has…attracted international interest [in the country]," she added.

Around ten years ago the Brazilian government launched the PROSETUR scheme, the Government's Action Programme for the Integrated Development of Tourism.

Under the scheme, which is aimed at promoting tourism in the country, over $670 million (£327.4 million) has been invested into the country's tourism trade.

More recently Brazil has formed strong tourist links with South Korea, while 2008 will be the official Japanese-Brazilian exchange year to commemorate 100 years of Japanese immigration into the Latin American country.

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