Igor Cornelsen is Creating New Strategies for Brazilian Investment
There is light at the end of the tunnel for Brazil. The Brazilian economy has been on the downside especially with the introduction of an experiment known as “new economic matrix.” However, there is hope for Brazil as the new Finance Minister, Joaquin Levy is appointed. The appointment is the best hope for Brazilian market Oriented reforms and fiscal austerity. Joaquin Levy has a Ph.D. from the University of Chicago and has worked with the Federal administration for five years. He hopes to bring better ideas of how best to bring the economy of Brazil back on track using new reforms. I believe he is not the only one fed up with six years of terrible ideas.
Igor Cornelsen, an investor in Brazil, is also into better ideas. He is a man with vast experience in the banking industry, and he has always known the potential Brazil has. Igor Cornelsen has three great tips for anyone willing to invest in the country:
- Connection With the Natives
Networking is key to making good business in Brazil. Brazilians are a social people and friendly and are keen to give advice from experience and support.
- Preparation for rigidity
There are plenty of red tapes for any investor trying to come into the Brazilian Market. According to Igor Cornelsen, an investor can expect to face the following obstacles: high taxes, bureaucracy that is pervasive, regulatory complexity and labor market rigidity. However, the higher the risk, the higher the returns and smart investors will ripe hugely.
- Foreign–currency restriction
Ignor Cornelsen points out clearly that there is no such thing as free money in Brazil. Any foreign currency transaction has to go through proper authorities.
Ignor Cornelsen is a man with experience so investors can trust his experience. He also has advisors he can trust; he relies on Bainbridge Group Inc. an agency that can be trusted to give expert advice and insight into investment.