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Could female president impact on investment in Brazil?

Date added: 4th October, 2010 at 09:38
(view all articles from October, 2010)

Categories: Social and Affordable Housing in Brazil

People seeking opportunities for investment in Brazil may be interested to know the country's general election, held yesterday (October 3rd), is to go into a second round.

Dilma Rousseff - the favourite to win and the candidate backed by current president Luiz Inacio Lula da Silva - secured 47 per cent of the votes.

However, she needs 50 per cent to enter government, leaving her to continue campaigning until the next ballot on October 31st.

The candidate represents the Worker's Party, currently led by President Lula - as he is commonly known.

Since he has been in power, Brazil's leader has pulled many of the nation's population out of poverty and introduced policies such as the affordable housing scheme Minha Casa, Minha Vida (My House, My Life).

The programme makes mortgages available for people on low incomes to help them purchase real estate.

Property Bond Brazil reported as many as eight million homes are needed in the nation and those interested in investment in Brazil through the company are offered a 20 per cent return from the developers of affordable housing.

Dilma Rousseff has said she would extend President Lula's popular policies, which could include Minha Casa, Minha Vida, while the BBC suggested the current leader may continue to have an influential presence in politics regardless of who takes power.

For anyone wishing to invest in the full potential of Brazil's affordable housing market, Property Bond Brazil works closely with local developers to develop affordable housing projects. Due to the demand in this sector, developers are currently looking for new investors to work with them to aid expansion plans. If you are interested in investing in an affordable housing project, contact Property Bond Brazil. ADNFCR-1477-ID-800096198-ADNFCR