{"id":4925,"date":"2010-04-23T14:44:41","date_gmt":"2010-04-23T13:44:41","guid":{"rendered":"https:\/\/www.rightmove.co.uk\/overseas-magazine\/?page_id=4925"},"modified":"2018-11-13T15:30:21","modified_gmt":"2018-11-13T14:30:21","slug":"brazil","status":"publish","type":"page","link":"https:\/\/www.rightmove.co.uk\/overseas-magazine\/legal-advice-buying-overseas\/brazil\/","title":{"rendered":"Overseas Property Legal Advice – Brazil"},"content":{"rendered":"
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Buying property in Brazil<\/h3>\n

The Brazilian economy is resilient and the outlook for the future economic prospects of the country are excellent according to a series of news items out in recent weeks highlighting the desirability of Brazil as an emerging market in which to invest. This article is about Brazil property and the general economic developments that are adding to the desirability of the property market in Brazil for international investors.<\/p>\n

The first significant piece of news from Brazil that\u2019s definitely worth mentioning is the decision recently taken by Canadian based Cadillac Fairview Corp. Ltd., which is the real estate arm of the Ontario Teachers\u2019 Pension Plan, to invest heavily into Multiplan Emprendimentos Imobiliarios SA, a private property company that owns and manages retail centres and shopping malls across Brazil. <\/p>\n

Their decision to acquire a forty six percent stake in the company is the first step in Cadillac Fairview\u2019s strategic plan to diversify investment of client\u2019s funds into emerging markets\u2019 property economies around the world. <\/p>\n

According to a spokesperson from Cadillac Fairview, the company chose Brazil initially and in particular the retail property market in Brazil because interest in the country is intense, competition for the best investments is increasing and ultimately \u201cBrazil is a good market for retail property investment because of its growing middle class and expanding economy\u201d <\/p>\n

Cadillac Fairview are not the only major corporate Canadian investor getting hot under the collar about Brazil property, they are just the first in what is likely to be a long line of companies committing to projects and property companies across Brazil as the prospects for profitability expand. <\/p>\n

In support of the significant investments being made into Brazil and Brazilian property by overseas investors the Brazilian Minister of Finance Guido Mantega recently reconfirmed his government\u2019s economic position. He stated that the Brazilian currency is strong, that the country is secure with a solid trade surplus and that because Brazil has significant reserves of US dollars any international fluctuations in currency markets or any general international market turbulence would be unlikely to negatively impact Brazil. This announcement has given international companies, institutional investors and individual investors greater confidence in the Brazilian property market.<\/p>\n

The final important information to impart in this article relates to Brazil\u2019s status and position on the global economic stage. Brazil is becoming a significant exporter, a prolific promoter of its assets and wares and it is a nation expanding internationally presenting a strong economic picture to the wider world and encouraging international investment through strategic entry into retail and export\/import markets in Germany, America and Portugal in particular. Furthermore the Brazilian Minister of Development, Industry and Foreign Trade is working with international ministries of economy and innovation to spread the word about the diversity of natural and manufactured resources available in Brazil which will increase exports from Brazil, further strengthen the economy, lead to increases in the wealth of the people of Brazil and lead to the overall economic advancement of the country – all good news for those researching and searching for news about Brazil property and the facts driving its potential profitability. <\/p>\n

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If you would like legal help buying a property in Brazil you can contact Kobalt Law LLP<\/u><\/a><\/p>\n<\/p><\/div>\n<\/p><\/div>\n

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In association with<\/h3>\n

\"Kobalt<\/p>\n<\/p><\/div>\n

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Country Legal Information<\/h3>\n