Seasoned investors say the best way to invest in Brazil is to learn Portuguese. Most investors don’t do that, but it’s a good idea since the Brazilian magazine Exame has a section online that is dedicated to maneuvering through the Brazilian laws for investors. Exame is only published in Portuguese, but a good online translation site might help understand those tips if there’s no time to study the language.
The next step before investing in Brazil is to check out Sebrae. Sebrae is The Brazilian Service of Support for Small Businesses, and it provides reliable information about investing. Plus it helps foreigners with working visas. The staff can also schedule meetings with other investors to exchange information. Sebrae was established in 1972. The service has 4,433, employees, and more than 9,000 consultants.
One of the main issues for foreign investors is the corruption that exists within the bureaucratic system, so it pays to get acquainted with Sebrae before any investments are finalized. Another good source of information about investing is Empreendemia. Empreendemia focuses on the interaction between investors and small Brazilian companies. This social network has 9,000 Facebook followers and 32,000 Twitter fans. Empreendemia gives investors a chance to interact with locals or a specific community. English is used there, so that is helpful for investors that don’t speak Portuguese.
Professional investors like to use the services of the top Brazilian investment expert, Igor Cornelsen. Cornelsen likes to take the basic approach to investing in Brazil. He knows the Brazilian banking market, and he can help investors steer clear of the internal corruption that can turn an investment into a nightmare.
Cornelsen also knows how to invest as the real, the Brazilian dollar, loses value. The government is controlling that depreciation, and it can definitely have a positive impact on investors. In fact, the Brazilian government wants foreign investments, and Cornelsen knows exactly where to put the money to realize a sizable return.