Brazil is making a comeback and so is China. All this is good news for people who are interested in investing in property or doing business in other countries. One such person who is in place to benefit from foreign business is Igor Cornelsen. However, before anyone decides to jump at the chance to do so, there are things that need to be understood. Every country has its unique set of variables and Brazil is no different. The following are some helpful pointers.
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Brazil is strict when it comes to currency control. When it comes to changing or converting money, you will need to find an authorized currency converting place. There is no set exchange rate, this is because some take a commission when money is exchanged. The smart thing to do is to do research and find the best deals.
If possible, try to find a local business partner. A big chunk of Brazilian businesses was started by the locals. Therefore, there are plenty of people who have good business acumen in Brazil. Coupled with this, Brazilians are welcoming by nature and generally like the idea of partnering with outsiders. Therefore, it is not difficult to network and find an interested partner.
Like many other emerging economies, Brazil also has its fair share of red tape. This is because commerce is heavily regulated. This is when you need someone like Igor Cornelsen on your side to help navigate the avoidable as well as the unavoidable barriers. Igor had retired at one time and moved to Florida, but the new opportunities became too hard to resist and he is back in action dispensing advice on how to get started in business in Brazil. Ideally, any new entrant into Brazilian business should find someone who is a local entrepreneur, before putting money into business opportunities.
For the uninitiated, Brazil went through a rough patch economically speaking, and the country is on a fast path of resurgence. The main thing to remember from all of this is that there is no set exchange rate for money, lots of red tape and regulations in some sectors, which means a lot of research should be done before doing business in Brazil.