BRIC countries have 'expatriate potential' - Sign up to our mailing list
best live chat
Quick Quote
  • (inc. country & area code)
  • Please note this service is only available during London office hours. If your call is urgent we will endeavour to get back to you at the earliest possible opportunity.
  • This field is for validation purposes and should be left unchanged.

BRIC countries have 'expatriate potential'

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
ADNFCR-1788-ID-19042965-ADNFCR

Share on FacebookTweet about this on TwitterShare on LinkedInShare on Google+Email this to someone
South AmericaNorth AmericaAfricaAustralia & New ZealandAsiaEurope