Brazil began experiencing ongoing economic contraction in 2015. This contraction ultimately led to one of the worst recessions Brazil has seen. To make matters worse, Brazil’s economic and political partner, China, began to see a decrease in growth. China’s decrease in growth placed further stress on Brazil’s economy, by hindering trade.
Following a crippling two-year recession, Brazil is beginning to stabilize and rebuild. As it begins to rebuild and realign its trade relationship with China, opportunities are ripe for investment. Igor Cornelsen, a Brazilian native, is a veteran investor who was confidently waiting in the shadows, as Brazil clawed its way out of a recession.
Cornelsen is a major investment banker and one of Brazil’s most prominent bankers. As a seasoned investor, Cornelsen has become a consultant and advisor of sorts, helping people make sound investment decisions. His main area of expertise is commodities and foreign property.
In an article in the French Tribune, Cornelsen shared three key considerations to keep in mind before investing in a foreign property.
The first consideration is to familiarize yourself with Brazil’s Foreign Exchange Controls. All accounts held in Brazil must be in Brazilian currency, the Reais. All other currencies must be exchanged through a bank authorized by the Brazilian Central bank. There are exchange rates and other associated fees which can be negotiated with the authorized bank. So, before even thinking about investing, it is important to be familiar with Brazil’s foreign exchange controls and policies, and it also wouldn’t hurt to polish up on the negotiating skills.
The second consideration seems fairly obvious, however, it is often overlooked. While trying to set up prospects in Brazil, it is essential to get out and connect with locals and other businesses. This will be immensely helpful to gauge any unforeseen challenges, or to simply get advice and information from those who know that area best. Most importantly, these relationships that are built, will be the baseline for the success of the intended investment or venture.
The last consideration is to keep in mind that Brazil is still very much rebuilding and as it does so, there are bound to be stringent regulations. Expect a rigid labor market, complex regulations, high taxes, and a pervading bureaucracy. These are all possible hurdles that must be crossed when investing in any foreign property – they cannot be avoided. However, with a bit of research, due diligence, and mingling, the process can be much smoother.
Investing can be scary and risky, but it can also be fun, exciting, and profitable. It is not wise to jump in head first when considering a foreign property investment. The wisest move would be to prepare, devise a strategy, and be well informed going in.
Learn more on Economic Confidence is Improving in Brazil According to Igor Cornelsen:http://Economic Confidence is Improving in Brazil According to Igor Cornelsen
Igor Cornelsen is one of the people who has benefited from the investment opportunities in Brazil. This has been as a result of economic growths that the country has experienced over the years. The improvement has benefited many investors as well as improving business operations in Brazil.
However, investing in international firms calls for the need to understand some basics about the economic developments of the countries that people wish to invest in. For this reason, Igor Cornelsen has simplified some of the principles that one needs to understand and follow before making such as challenging investment decision.
One of the major guidelines is learning more about the currency rates and how they affect businesses. Brazil is one of those countries that have governed their currencies with various rates and have only given a few banks the mandate to deal foreign exchange services.
He also provides specifics about these foreign exchange procedures. Brazil has a fixed rate for currencies and this service is only found in a few banks. Central Bank of Brazil is one of the privileged banks which offer these services. In addition, he also advises investors to work on their money-making potentials for their investment opportunities to grow and find wider markets for their goods and property.
Another important thing to do is getting to interact with the business icons of the country. Forming strong networks with these experienced people gives the investors great ideas and basic knowledge on the country’s economic trends. Brazil has presented its foreign investors with the best networking opportunities hence providing excellent environments for businesses to thrive in.
Igor Cornelsen also advices foreign investors who wish to do business in Brazil to get to know the restrictions posed by the government on some businesses. Sometimes people start investing without consulting the laws and ethics that govern various businesses. However, having a rough idea of the businesses before implementation enables businesses to run lawfully without any difficulties.
According to this ambitious man, the Brazilian economy has struggled to build its economy and therefore the keenness on what to allow and what to prevent from entering into the business world.
Read more about Igor Cornelsen’s Methods:http://ireport.cnn.com/docs/DOC-1122009
Brazil has long been known as a major contributor in the world of advertising. Many International brands have often turned to Brazil to meet their International branding needs. As an experienced businessman in the communications and advertising environment, Nizan Guanes planned on taking advantage of this upsurge in the industry within his country, so he and his partner founded an advertising agency in 2003. They founded the ABC group, a firm that quickly became the nation’s largest advertising and media corporation. And until recently, the firm continued to be national advertising company in Brazil.
But competition and the need to meet International brand needs, have made Nizan and Valente rethought their goal of becoming one of the largest International advertising agencies. The Nizan-Valente team has decided to sell the ABC group to the large American conglomerate,Omnicon.
Despite this large transaction, neither Nizan nor Valente will be leaving the company any time soon. both co-founders will continue to manage the Holdings and the accounts for the newly acquired branch of Omnicon.
The deal involves an initial funds release of R $500 million per founder with a contract to pay the remainder by 2020 based on the incoming funds from large advertising campaigns.
Other businessmen and Brazilian Associates believe this to be a natural acquisition, as Nizan has had a long-standing relationship with Omnicom since the 1990s. Brazil has always been a key Market 4 Global brands and Brazilian are successful in creating multinational brand advertisement.
Despite the sale Nizan GuanesHas no intention of stepping down as managing director, or of retiring from the limelight. he is as active socially as he is within his industry. Nissan takes an interest in causes that relate to Brazil’s educational system, entrepreneurial opportunities and other associations. He has been a chair member of several renowned associations such as the, World Economic Forum, the Council of the Americas, and Friends of the Unesco.