Expat Health Insurance News: Brazil 'good place for property investment'
02/02/12 17:58
Expatriates with international private medical insurance policies who are considering relocating abroad to Brazil may be pleased to hear the property market in the country is strong.
BuyAssociation editor Paul Collins noted the minimum wage in the nation rose by ten per cent in 2011, while the economy grew to become the world's sixth-largest "in terms of sheer size".
Brazil's fiscal state has succeeded in "weathering the worst of the global economic downturn" and "ordinary Brazilians" are able to consume more products, driving the country forward and allowing further infrastructure improvements, he explained.
This situation is "giving overseas property investors confidence in the future of the country", the specialist stated.
Brazil has "one of the most stable investment environments" found anywhere on Earth, Mr Collins remarked.
However, the British Foreign and Commonwealth Office points out that crime and violence rates are particularly high in the country, especially in the biggest cities, while bank card fraud is also commonplace.
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