Brazil’s startup industry is alive and well, even though Brazil’s bureaucracy gets in the way from time to time. Even though Brazil investments are a topic of conversation in foreign investment circles, there is still a lot of unanswered questions. The main question is will Brazil be able to recover from the crippling recession that lingers around the fringes of the country? According to Igor Cornelsen, Brazil is pulling out of recession mode, and the country is now fertile soil for new investment strategies. Igor Cornelsen is a former Brazilian bank executive who left Brazil for the golf courses in South Florida. But he couldn’t stay away from his first love, investing in Brazilian assets.
Cornelsen’s company, Bainbridge Investments, helps foreign investors find the right assets in Brazil, according to cbs8.com. The startup sector of the economy is gaining strength, and private bank stocks are putting a smile on the faces of Wall Street investors. But Cornelsen doesn’t promote investing in Brazil without doing research, and following the three tips, he uses to make the right investment choices. His first tip is an easy one for him. He stays connected to people living in Brazil, and he picks their brains when it comes to what is really happening in his native country. He thinks all foreign investors should do the same thing.
Mr. Cornelsen likes to say “expect the unexpected” in the Brazilian market. There are a lot of moving parts in Brazil’s economy, and some of those parts can hurt investors without warning. Cornelsen thinks all investors should keep their eyes open and know something will happen in terms of government regulations that might make an investment deal fail.
But Cornelsen’s third tip may be obvious, but it is often overlooked by investors. That tip is, understand the mechanics of the currency market in Brazil.