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The Time For Property Investment In Brazil Has Returned

28 Apr
Property Investment In Brazil

Crumbling Real Means It's Time For A Fresh Look At Brazil

From 2003 to 2005, I recommended real estate investment in Brazil, specifically apartments in Rio de Janeiro. Many readers did well with that recommendation.

In more recent years, I’ve shied away from Brazil. Investing in this country comes with complications. When Brazil’s currency is strong, most opportunities are too expensive to be worth the hassle. You have abundant options for easier places to invest for comparable or better expected returns.

However, I believe that the time for investment in Brazil has returned. Specifically, I’m speaking of property investment.

With the Brazilian real weakening and the local economy softening, opportunities to invest in this country are again attractive enough to overcome the complications this country’s bureaucracy creates for investors.

Back in 2003, when I was recommending apartments on the beach in Rio, the real was in the range of three to the dollar. Today’s real is considerably weaker even than that.

And, when we’re talking about 3.65 reals to US$1, everything in Brazil becomes much more appealing.

I’ve solicited a two-part series on the current climate and current opportunities in Brazil from my man on the ground in that country, John Clites. Part one is featured in this month’s issue of my Simon Letter service, in subscribers’ inboxes earlier this week.

John’s experience in Brazil extends back to the early 1990s. It is within the context of that long perspective that he outlines the situation in Brazil right now. I’ll share part two of his insider report in next month’s Simon Letter.

In addition to John’s Brazil market report, in this month’s issue I also share a specific current opportunity in Brazil that qualifies as one of the most appealing I’ve found in more than 20 years covering this beat—beachfront lots in the Brazilian state of Ceará that are selling, at the current rate of exchange, for less than US$60,000.

You just don’t find lots right on the sand at the water’s edge for less than US$60,000, not anywhere.

If you’d like more information on the Ceará beachfront lots specifically, you can request that here.

Lief Simon

Mailbag

“Lief, I am very keen to attend your conference in Portugal this summer as I am currently considering Portugal for my retirement. The non-habitual residency program is of great interest to me. My question is: Does the non-habitual visa have any minimum stay requirements, or can I come and go as I please?

“Looking forward to meeting you and your team in person in Portugal!”

G.L.

No, there is no minimum stay requirement associated with Portugal’s Non-Habitual Residency program. You can, once you’ve qualified, as you suggest, come and go from the country as you like.

See you in Carvoeiro.