Brazil... Unlimited business opportunities!
For years, Brazil conducted a protectionist policy which made
doing business in Brazilas a foreigner was almost impossible. All major industries were state-owned enterprises and the market was very closed.
When the country was bankrupt in the 80s, IMF more or less forced the government to follow a neoliberal course.
Gradually the economy recovered and now
Brazil is the largest economy in Latin Americaand the eighth largest in the world.
The two most emerging regions, Sao Paulo and Rio Grande do Sul, together represent 45 percent of GNP. The BNP is mainly composed of mining and industry. The contribution of the
Brazilian industrial sectoris more than 39% of GDP.
Agricultureand the service sector are contributing 10% and 50%. Brazil is part of BRIC (Brazil, Russia, India and China), economies considered to be leading in the 21st century.
Brazil's booming economy of today offers plenty of
opportunities to foreign entrepreneurs and investors, small or large. However, the conduct of doing business differs quite a bit from the way westerners do business. For example, it is still almost impossible doing business in Brazil without having a local business partner involved. Also speaking Portuguese is vital to succeed in doing business in Brazil.
www.AboutBrasil.com will give you advice how to deal with Brazilian business culture and gives insight in complex legal matters, like visa and tax legislation. Furthermore, booming industries are being pointed out and business opportunities are being presented!