Brazil Property News: Brazil offers growth, says KPMG




17th June 2008 04:28


People interested in Brazilian property may want to know that one analyst has said the UK and Europe cannot offer the "dynamic customer growth opportunities" offered by BRIC (Brazil, Russia, India and China) countries.

KPMG revealed reaching new markets, such as Brazil, was a priority for corporate investment decisions and had led to "strong performances" from the emerging markets.

Sue Bonney, head of tax for KPMG's Europe, Middle East and Africa region, said: "The results help confirm the rise of the BRIC economies as viable alternative places to invest, taking funds primarily from the U.S. economy."

Meanwhile, people looking at buying Brazil real estate could be interested to hear the Latin American country has been described as one of the world's most investor-friendly nations in the Wall Street Journal.

Jose Sergio Gabrielli, chief executive of Petrobras, told the publication the nation has some of the freest and most investor-orientated regulations in the world.

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