Igor Cornelsen is an invaluable asset when it comes to matters investment. He has over 30 years of experience dealing with finances and where and under what terms should one invest. He has advised different companies and has worked at the helm of various Brazilian banks. Below is advice for any person that wants to invest in Brazil.
To begin with, Brazil is a growing economy thus a right place for investors to dive in. The economy is recently showing an upward growth trend. Those people who invested in Brazil sometime back have seen the benefits of patience. For those who have not invested in a foreign country before, there are things that you need to know. No one wants to spend somewhere and end up failing and losing their resources. Igor Cornelsen gives the following insights for those wishing to invest in Brazil.
Firstly, familiarise yourself with the currency restrictions. It is important that one finds out the laws related to currency. For instance, for non-locals, they have to find a bank where to exchange their money to Brazilian currency. You will mostly see that different banks have different exchange rates. One can capitalize on this to reap maximum benefits.
Secondly, make connections. In Brazil, most of the population is concerned with doing business. An important factor to be considered when starting any business is the ability to network and make connections with personalities that will boost your business venture. Igor Cornelsen claims that at least a quarter of the businesses are self-owned by people aged 18-64. Brazilians are easy going and talkative. This is important because one can talk to them comfortably and in the process gain prospective business ideas.
Lastly, be acquainted with existing government regulations. You will most probably find that in most developing countries, the government has rigid laws. This is the case with Brazil too. With such laws, it might seem hard to make any investments in such a place. These laws are put in place to protect the growing market which is still brittle to some extent.