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Brazil Property News: Brazil tipped to receive more investment
6th May 2008 05:03
People who are considering buying property in Brazil could be interested to hear that the Latin American nation has been tipped to receive even more investment after it was recently appointed investment grade by Standard & Poor.
The Brazilian Society of Transnational Corporations and Economic Globalisation (Sobeet) revealed the reclassification should provide further incentives to the entry of foreign investment, reports ANBA.
"In other countries the FDI flow rose not just before 'investment grade' but also after it," Luis Afonso Lima, the president of Sobeet, told the news agency.
Last week, the country was placed in a group that presents low risk to investors, a move that resulted in the Sao Paulo Stock Exchange Index soaring by 6.33 per cent to a record level, according to the news provider.
The agency upgraded Brazil from a BB+ to BBB- adding that the nation has a "stable" long-term perspective rating which means the grade is likely to remain for a long time.
Brazil is one of only 14 countries to have its 'sovereign' long-term credit rating increased to investment grade.
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
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How to invest in Brazilian property
When it comes to property investment, the early bird really does catch the worm.
uv10s web site is designed to help and will provide you with the following invaluable information:
- Why Brazil is now the best place you can invest
- Why its all happening in 2008
- All about Brazil's "hot property zones" Natal, Pipa and Bahía
- The ins and outs of the buying process
- More about uv10, your dedicated Brazil specialist
- The latest and hottest properties on the market
To know more, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.
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