Ceará’s economy carries on growing in 2019. Here is an overview of what and why economy improves in Ceará surpassing the national average.
According to the Brazilian Institute of Research Services Monthly Geography and Statistics (IBGE), the State was the fastest growing in the whole country in volume of tourist activities. Figures show an increase of 9.9%, a rate almost three times higher than the average of Brazil in the first half.
The reform proposes that the minimum retirement age will be raised to 65 years for men. Also, 62 years for women having to pay more money for a longer period of time into the system. R$42 billion (around $12 billion) is supposed to get injected into the economy over the next 18 months.
The Institute of Economic Research and Strategy of Ceará (IPEC) has published new data regarding households in Brazil. In 2018 the number of households in Ceará increased by 3.7% compared to 2017, totalling 110 billion new units.
Foreign investors are returning to the Brazilian market – The latest statistics published by the Central Bank of Brazil show a strong increase since April 2018. Banco Central do Brazil stated that from January until may in 2019, Brazil attracted foreign direct investment (FDI) inflows of more than US$28.1bn (€24.8bn).
As interest rates have gone down in the last years to 6.5%, and the inflation is rising but in a fairly controlled way, the expectations are very positive as people will have better borrowing conditions, will consume more and therefore increase the GDP of the country. We can observe these changes regarding interest rates over the last years.
Tourism growth in Ceará is surprising. From January to May in 2019, there has been a raise of 12,2% in landings and departures in Fortaleza airport.
To achieve the highest occupancy in Brazil you need competitive prices and strong tourism. Discover why Fortaleza hotels tick both boxes.
Big increases in sales value and volume bode well for the Fortaleza property market in 2019. Discover the potential for property in this part of Brazil.
Increases in tourism has led to sharp rise in passengers for Brazil flights. See the figures and projections for this year, set to be a record.
Mortgage lending soars in Brazil and Ceará. Find out why loans are setting the trend for the Brazilian property market this year.
Information about the requirements needed to qualify for the Brazilian real estate investment visa plus some viable investment options to help you get it.
Discover why the Coral Loft Apartments bring together all the right considerations and make the perfect apartment investment in Brazil.
Find out how Brazilian tourism stands to reap big benefits for the lifting of visa restrictions and a new stopover program at five major airports.
After a busy 2018, Ceará tourism gets off to a flying start in 2019 with record visitor figures and as the most sought-after destination for holidays in Brazil.
Loans for Brazilian mortgages post their highest increase for 4 years as everything points to a busy year for the Brazilian property market. Find out why.