The Brazilian real has been on the steady downturn for the past year(as the graph shows)The rate of depreciation has accelerated these past 2 months and hit record lows against the main global currencies.
Although this is a troubling situation for the Brazilian government and has lead to significant price hikes on Brazilians travelling abroad,it also means that Brazil has become a much cheaper place to visit.Much cheaper in the region of 55% compared to just 18 months ago!
Not only is Brazil now a great place to spend hard currency as you your dollars go twice as far,it also makes Brazilian realestate investment extremely attractive.
The key to investment gain in the short to long term will be based on Brazil’s capacity to bounce back economically and stabilize/strenghten it’s currency.The Brazilian Real averaged 1.88 to the dollar from 1993 until 2015.
If the real can return to it’s baseline performance vis a vis the dollar,investors stand to make 100% returns on re-sale of their properties in a few years time..this is discounting the potential for property appreciating once the market picks up again.
Any savy investor who makes the move to capitalize on the current situation will very likely reap the rewards when the market corrects itself.
There really has never been a better time to buy property in Brazil.
Please contact me directly to explore the bargains that are just waiting to snapped up!
BRAZIL ǀ Real Estate Investment Consultant/
Consultor de Investimento Imobiliário
Cel: +55 (84) 9993-8936
Office: +55(84) 3345-4406
Email: [email protected]
Skype ID: mikebrazilbeachhouse
My Professional Background: br.linkedin.com/in/mikesmithinbrazil
Follow Me on Twitter: https://twitter.com/mikesmithbrazil
Brazilian Investment Blog; http://investnatalbrazil.com/
Brazil Property Website: http://www.BrazBeachHouse.com
Properties on FaceBook: https://www.facebook.com/mikesmithbrazil
Amazon Authors Page; amazon.com/author/mikesmithinbrazil
Please watch: "Brazil Luxury Beachfront Villa For Sale in Maracajau"
Work out if you need to pay.
When you know your gain you need to work out if you need to report and pay Capital Gains Tax.
You may be able to work out how much tax to pay on your shares.
the same type, acquired in the same company on the same date sold at the same time.
sold other shares in the tax year sold other chargeable assets in the tax year, such as a property you let out claim any reliefs are a company, agent, trustee or personal representative.
Reporting a loss.
The rules are different if you need to report a loss.
Fifth most actively traded share.
Market capital of DKK 206 bn.
Shareholders by geography.
Rest of Europe etc.
Ratings from equity analysts covering the Danske Bank share and consensus earnings estimates.
Selling in special circumstances.
shares you bought at different times and prices in one company shares through an investment club shares after a company merger or takeover employee share scheme shares.
Jointly owned shares and investments.
If you sell shares or investments that you own jointly with other people, work out the gain for the portion that you own, instead of the whole value. There are different rules for investment clubs.
What to do next.