Enterprising Americans are looking beyond the US borders to establish their companies. Brazil has become a common destination for entrepreneurs that are not comfortable with investing all their money in a fledgling business in the United States. Instead, many are moving their hopes and dreams south to Brazil.
Realizing the Potential
Many Americans are enjoying amazing success in the South American country despite the reputation of Brazil as a challenging place for businesses to thrive. The residents of the country are active social media users, the middle class is growing and venture capital firms are opening in all major cities. The population is successful and seeking new ways of spending and investing their money.
Helping Other Entrepreneurs
Not only are companies run by U.S. entrepreneurs growing, the amount of assistance established businesses are offering to newcomers from the U.S. is growing as well. Money is flowing back and forth between the two regions and successful executives are providing expert advice to the startups arriving every day.
Getting in Early
Brazil is poised to become an economic powerhouse despite the laid-back lifestyle of many locals and the tendency of mixing business with pleasure. The companies that have already become established are a good guide to what to become aware of before making the move. It is important to understand that the country is still in the process of development, the tax system is confusing and it is necessary to have a reliable source for cambio to prevent wasting profits on exchange fees and unreliable services.
Anyone new to Brazil must know how to find a trusted advisor to guide them through their adjustment period. This is necessary for social purposes, business relations and financial matters. It is very difficult for any company to survive without this type of assistance. The same is true for Brazilians seeking their fortune within the United States when it comes to currency exchange. Any investor ready to take their chances on an idea outside of their home country must take the time to learn as much as they can about the best options for legally transferring their money over the border.