More news on booming Brazilian economy

Economist: Brazil may become seventh largest economy in 2011
By Igor I. Solar.
+




The Economist Intelligence Unit is predicting that in 2011 Brazil would move ahead of Italy into seventh place in the ranking of the largest world economies with a GDP of US$2 billion.
The list of the world's largest economies is expected to have a major reorganization in 2011. According to estimates by the Economist Intelligence Unit (EIU), China would retain the second spot that took from Japan, while the second quarter of 2011 will see the rise of other emerging markets: Brazil, Russia and India.
The research unit of The Economist is predicting that Brazil, the eighth largest economy of the world in 2009, with a nominal GDP of $1.5 billion, followed by Spain, Canada, India and Russia, would continue in the same position during 2010.
However it is expected that in 2011 the largest Latin American economy will climb up to stand in seventh place in the ranking with a nominal Gross Domestic Product of just over US $ 2 billion. Thus, Brazil would regain the position it occupied in 1994 displacing Italy which it is not expected to reach $1.8 billion in nominal output. Another European Economy that will surrender position among the largest economies in the world is Spain, being relegated to the 12th post because of the significant advance of Russia and India.
The International Monetary Fund (IMF), however, in estimates released last April does not predict such an advance for the Brazilian economy until 2013. This may change, however, when the IMF revise its estimate in October.
Among the reasons for the changes in the ranking of the largest economies in the near future are the advance of the emerging economies that were not drastically affected by the 2008 crisis which left Europe and the USA with modest growth which is expected to continue in Europe until at least 2012 according with Negocios (in Portuguese). However, during the past years since the crisis, Brazil successfully committed itself to fiscal stability and responsible policies that encouraged investment and a large domestic demand. Additionally, the Brazilian economy is benefiting from the strong demand for commodities and raw materials from China. Another important factor strengthening the situation of Brazil and other emerging economies has been the currency appreciation against the euro and the dollar.
The situation of China as the second largest economy is expected to remain stable due to a growth forecast of 9.9 percent in 2010 and 8.3 percent in 2011. However, this assumes that the Chinese government is successful in its efforts to control the current massive increase in medium to high risk bank lending and large increases in house and land prices.


Read more: http://www.digitaljournal.com/article/296338#ixzz1INIDsJYp

Brazilian #realestate boom: office rents in Rio overtake New York

In a recent study done by real estate adviser Cushman & Wakefield Inc. it was found that New York is no longer the most expensive prime office market in the Americas, overtaken for the first time by Rio de Janeiro.
The annual cost of renting a square foot of prime office space in Rio rose 47% last year to $120, or $5 more than in Midtown Manhattan. Rio de Janeiro advanced to 4th from 13th in a global ranking of prime office markets, coming after Hong Kong, London and Tokyo.
Read the full article from Bloomberg Businessweek.
This is just another example of how Brazil’s property values and demand are among the fastest growing in the world. With the Olympics and World Cup heading that way, Brazil’s real estate market is sure to remain strong.
Learn more about Brazilian real estate investment opportunities at Brasil Investment Summit.

http://blogs.terrapinn.com/investment/2011/02/18/brazilian-realestate-boom-office-rents-rio-overtake-york/

Consulate General of Brazil - Visas

VISIT: http://www.brazilsf.org/visa_eng.htm

In order to ensure a timely processing of all visa applications, the Consulate General of Brazil in San Francisco will receive 42 (forty two) visa applications per day from applicants who come in person to the Consulate, from 9:00 a.m. to 12 noon.

Additionally, the Consulate will receive an identical number of visa applications per day from visa and travel agencies.

Visa applicants must set up an appointment to deliver the visa applications previously filled out online. Each applicant must have an individual appointment.

On the webpage for the type of visa you intend to apply for, please read the instructions until the last paragraph in order to be directed to the appointment calendar. Appointments are scheduled online ONLY.

Please note that visa processing fees changed recently (as of June 7, 2010).

---

GENERAL VISA INSTRUCTIONS

Click on the last item for specific instructions on each of the several types of visas.

1.        U.S. citizens traveling to Brazil are required to obtain a visa prior to entering Brazil.   This requirement is in reciprocity to the U.S. government demand that all Brazilian citizens hold a visa in order to enter the United States.

 

2.        Citizens of countries that do not demand visas from Brazilian nationals usually do not need visas to enter Brazil (most European and South American countries fall in this category).   If you intend to enter Brazil with a non-U.S. passport, check here to verify if you need a tourist or business visa.

 

3.        The type of visa and its terms of validity are decided by the Consulate, at its own and sole discretion.  As a basic rule, both the type and the duration of a visa are results of an analysis made by the Consulate of the documentation presented by the applicant in support of his/her declared activities in Brazil.  

4.        All visa applications must be submitted in person, by the applicant, or by a duly authorized third party (for example: a family member, friend, co-worker, travel agency, visa service). Please note that this Consulate does NOT accept visa applications sent by mail. Specific instructions apply to each type of visa.

5.        Notwithstanding the previous instruction, the applicant’s passport may be returned by mail if the applicant or his/her representative leaves a self-addressed pre-paid envelope from the U.S. Postal Service (Express Mail only) at the moment the application is delivered at the Consulate (we can return a maximum of four passports in one single envelope).

The Consulate does not receive and it will not send envelopes transported by FedEx, UPS, DHL and other private carriers.  The nearest post office (Sutter Street Postal Store) is located three and a half blocks away from the Consulate, at 150 Sutter Street, San Francisco, CA 94104.   We are not responsible for documents lost in the mail.

6.        Applicants who cannot come to the Consulate may wish to pay a private visa service/visa agency to help them process their visa applications. The Consulate has no commercial ties with any visa service/visa agency/travel agency and the Consulate’s employees are not allowed to recommend any of these companies in particular.

7.        The visa section is open to receive applications between 9:00 AM and 12:00 noon, from Monday through Friday by appointments only. All U.S. national holidays are observed, as well Brazil’s Independence Day, on September 7. 

8.        After all documentation is received by the Consulate, visa applications take at least 5 (five) working days to be processed.

9.        All fees must be paid with U.S. Postal Service money orders made out to Consulate General of Brazil (if you are applying for a family, one single money order for the total amount is fine).  Checks and credit cards are not accepted. The Consulate has no provision for charging expedite services and therefore it does not charge rush fees. Please note that visa fees were updated on June 2010.

10.       It is in the best interest of any foreign national to enter Brazil with a visa that allows for the legal performance of his/her intended activity in the country.  

11. A visa shall be denied to any foreign national that, when submitting her/his application, behaves in an aggressive, insulting or disrespectful way towards the Consular Authority.

CAFE DE LA MUSIQUE! FLORIANOPOLIS - BEUATIFUL GIRLS! AMAZING!

FLORIANOPOLIS AT NEW YORK TIMES!

PRINCE PIERRE CASIRAGHI of Monaco has paid tribute. The heartthrobs Ben Harper and Stavros Niarchos have partied on its beachfront dance floor. And on many Champagne-fueled nights, leggy models straight from the pages of Sports Illustrated and the Victoria’s Secret catalog have perched on its billowing banquettes.
Never heard of Praia Café de la Musique? Don’t worry. It isn’t the latest poolside lounge in South Beach or some new members-only club in Manhattan. In fact, the club is in a resort well off the radar of TMZ and checkout-aisle glossies: Florianópolis in the southern reaches of Brazil.
“It’s a mixture of St.-Tropez and Ibiza but without the attitude and without the prices,” said Jeffrey Jah, a former model and the impresario behind the New York City party spots Lotus and Double Seven. He opened Praia Café three years ago after he fell in love with Florianópolis.

VISIT: http://travel.nytimes.com/2009/01/11/travel/11party.html

You`re Welcome People!!!