Igor Cornelsen is a successful investor who is highly knowledgeable in investing in any commodity or company. He prides himself on educating fellow investors on how to make profitable long term investments. He will also steer you clear from investing in damaged companies and put your focus on damaged stocks. Igor Cornelsen currently works as the proprietor of Bainbridge Investments Inc. and has held executive positions in several of Brazil’s top banks until 2010. Igor is now retired and lives in South Florida counseling investors as a hobby.
Brazil has become one of the hottest markets when it comes to investing due to their growing financial sector. With the country no longer in turmoil, and the help of strong production from China, the economy in Brazil is creating positive gains. In can be risky if you have never invested in a foreign property before. There are definitely tips and tricks that you should know from professionals such as Igor Cornelsen. Investing in Brazil is different from investing in the United States or any other country. Here are some of Igor’s tips to maximize gains and lowering your risk when investing in Brazil.
It can be difficult to invest in Brazil due to its strict currency controls. You must find an authorized bank to exchange currency if you are not a local business or resident. You should start out by researching the country’s currency laws to use their multiple exchange rates to your advantage. There is a commercial exchange rate but The Central Bank of Brazil can change the exchange rate at any time.
Brazil has become home to many successful investors and entrepreneurs. It is important to network and connect with others in the country. Brazilians are friendly people who like to talk. Many are willing to attend focus groups and offer up their own advice and ideas.
The Brazilian government can make it difficult for you due to becoming heavy on regulations. There is a restrictive labor market and high taxes that can turn your investment into a nightmare. You should research these regulations ahead of time no matter how big the market is getting.