BRIC countries have 'expatriate potential'
24/02/09 18:54
An increasing number of people may move abroad and become an expatriate in China and Russia following a new energy agreement, it has been claimed.
The economic giants - which form part of the BRIC nations, along with India and Brazil - recently signed an agreement to exchange Russian gas supplies for $25 billion (£17.2 billion) in loans.
According to one expert, the deal represents another step in the growing foreign investment appeal of the nations.
A market analyst at the property group, Obelisk, James Gonzalez, said: "This latest massive deal between Russia and China confirms the economic potential of the BRIC nations.
"The opportunities for growth together with the natural resources in these countries - Brazil also has huge oilfields, as yet unexploited - mean a lot of investment will be focused here this year."
Romasa Storey, writer of Live and Work in Brazil, recently said that Brazil is a better place to live as the economy and political climate have become more stable since President Luiz Inacio Lula da Silva returned to power.
Moving Abroad: Moving abroad? Get a free quote for your international medical insurance online
Other archived news itemsNeed help?
Please call one of our advisors on +44 20 3195 7481. Email us at info@exphealth.com or use our Call back feature
Third Floor, 36-38 Botolph Lane, London EC3R 8DE, United Kingdom
Tel: +44 (0)20 3195 7481 Fax: +44 (0)870 428 5141 Email: info@exphealth.com
