When you think of Brazil, images of tropical landscapes, warm sunny temperatures, electric nightlife, and famous football (soccer) traditions immediately come to mind – an illustration of a country that is truly alive. Brazil is frequently touted as an emerging market with wealth and development a plenty.
As with many emerging countries, Brazil’s economy and position within the world markets is often a study in contradictions.
On the one hand, Brookfield’s 2016 Global Mobility Trends Survey ranked Brazil as the second most challenging country in the world for Global Mobility Teams and assignees alike. This ranking was based on several factors including overall immigration complexity and processing delays. On the other hand, Brazil was still named to the top ten assignment destinations and emerging assignment destinations for relocating assignees. Even though it’s one of the most challenging countries to send foreign employees into, multinational companies still see Brazil’s significant economic potential and continue to move personnel to this influential South American country.
With the Rio 2016 Summer Olympics quickly approaching, Brazil has taken several steps towards simplifying their immigration policies and procedures. Our latest White Paper written by SooHyung Smit of our Knowledge Management team and Fabiano Bittencourt, Senior Global Immigration Specialist based in Brazil, gives you a firsthand look at these changes including streamlining application procedures, changes to conditional permanent residency adjudication, and the country’s future plans to join The Hague Apostille Convention.
If you’re sending business travelers or relocating employees to Brazil, this is a must read. Click below to get our latest White Paper on Brazil immigration changes.