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Brazil Trying to Attract Immigrants to Boost Economy

September 2013, 19
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Living in Brazil has its pros and cons for everybody who lives there, but when it comes to the current state of the economy, it’s no wonder many Brazilian residents are choosing to flee the country and move onto better things. Unfortunately the Brazilian economy has been in a bad way for quite some time now but their government are looking at ways they can improve on things including trying to attract more immigrants into the country.
 
 Brazil-Trying-To-Attract-Immigrants
 
According to Brazil’s Secretary of Strategic Affairs, Brazil is looking to rapidly accelerate development with talent and human capital. This is not about increasing the country’s population, it’s about improving the economy with the help of attracting highly skilled workers on a temporary or hopefully, permanent basis.
 
Currently Brazil’s immigrant workforce needs to rise by 2-3% in order to see any major changes. With a population that is getting older, it’s no wonder the Brazilian government are fixated on the idea of having many younger foreign workers in their country.
 
So why is Brazil’s economy in such a poor state? One primary reason is that its currency is extremely high and has therefore contributed to a heavy lapse in trade and business. The manufacturing industry is suffering and is deemed to be both inefficient and overpriced after years of protectionist policies. Also, exports in gold and other precious metal have declined. This is a crying shame as commodities are the anchor of Brazil's economy and the combination of their high currency and the decline in demand from China, its biggest customer, was always going to stifle the country’s economy.
 
With this in mind, Brazil’s National Immigrant Council has recently introduced a special type of work visa, created for foreigners who are working on projects relating to the upcoming major sporting events, The World Cup and The Olympics which Brazil is set to host. The Brazilian Council are hoping that the tourists who visit during these popular events will choose to stay in Brazil on a long-term basis and use their skills gained from employment in other countries to help improve Brazil’s economic future. 
 
There are a number of visas you can look into applying for if you are looking to immigrate to Brazil, from student and work visas to family and tourist visas, depending on the nature of your intended stay. If you want to help a developing country on the road to its success, Brazil is a promising choice.
 

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