Firstly via taxes, then by spending money on private services that should be provided by the state, from health insurance and private education to independent security equipment and on toll roads. Souza Júnior argues, however, that the labor reform passed by Congress in July 2017 tackles this issue and is an attempt to provide more stability to the business environment.

But infrastructure does not only mean roads and railways for agribusiness production. There are a lot of opportunities and a large consumer market,” he says. It is no surprise Brazil ranked last in the availability and cost of the capital segment. Also, just like Salvador and Vitória, Aracaju is a coastal city with some nice and pleasant beaches.

Do you know how much money you will need there to maintain your current standard of living?

Economists in general point to fiscal discipline as the mandatory step to economic stability in the upcoming years. Politics plays a vital role in this process – and no candidate so far has publicly committed to unpopular fiscal cuts that would certainly displease large portions of the electorate. “Everything that is perceived as either costs or risks decreases the expected profit and affects the potential investments in the country,” he notes.

© 2009-2020 Expatistan.com, List of all the cities available in Expatistan, Basic lunchtime menu (including a drink) in the business district, Combo meal in fast food restaurant (big mac meal or similar), 500 gr (1 lb.)

In infrastructure and logistics, Brazil ranks 17th, behind economies such as India, Peru, and Mexico.

big mac index

But for that to happen, macro and business environments must be attractive enough for private enterprises. According to the World Bank, companies invest, every year, 1,958 hours – 8.2 times more than the world average – in order to comply with the country’s legislation.

Moving the mouse on top of a city will show its name and the Cost of Living Index of that city. Brazil is by no means a cheap place to live. Although Operation Car Wash has waged war against such practices, it still takes far too long to lock up corrupt politicians.

The ICMS rate for Bahia state ranges from 7% to 38%. Educational costs range from monthly BRL 340,00 (preschool) to BRL 713,64 (college monthly tuition). Expenses related to education range from BRL 398,46 (preschool) to BRL 745,39 (monthly college tuition). According to Fabio Bentes, head economist at the National Confederation of Commerce, however, they are far from bringing the cost of credit in Brazil down to “civilized levels.”

Also, CNI reports that, at 68.4 percent, the amount of taxes and contributions paid by companies measured as a percentage of their profits is far higher in Brazil than in most countries analyzed. The figure is three times larger than that measured in Canada, the top-ranked country.

The problem could get even worse in the near future. Its economy is mostly concentrated in touristic activities, but the city also houses an industrial hub operating in different sectors such as automobile, beverage, cement, leather, chemistry, textiles and IT. “Everything that is perceived as either costs or risks decreases the expected profit and affects the potential investments in the country,” he notes.

The average price for a two-bedroom apartment in an upscale neighborhood is of BRL 1.044,12 and of BRL 515,38 in a more affordable area.

Bad infrastructure means higher costs

The problem could get even worse in the near future. The percentage is just below the 34.3 percent average of the 36 members of the Organization for Economic Co-operation and Development (OECD), an intergovernmental institution that congregates mostly developed countries. What is not a consensus between the different political platforms, though, is how to reach this so-called fiscal discipline.

Economists in general point to fiscal discipline as the mandatory step to economic stability in the upcoming years.

Infrastructure is one of Brazil’s main bottlenecks. But with public accounts far from being rosy, partnerships with the private sector seem to be the only feasible way out. Find in this article what are the Brazilian state capitals where it is possible to live well without spending too much. This is already a lot by international standards, but it pales in comparison to credit cards, for which banks charge 311.9 percent from their Brazilian customers.

… Despite the problems related to urban life, Goiânia still remains as a referent in terms of quality of life. Brazil is by no means a cheap place to live. If you are looking for more robust academic evidence, the Big Mac Index is a light-hearted but widely accepted metric used to compare international prices – and the latest data compiled by The Economist is discouraging for Brazilian consumers, who pay USD 5.10 for the sandwich. In contrast, the first-placed Norwegian workers produce US$ 102.8 per hour.

In 2017, Brazil fell 17 positions in Transparency International’s corruption ranking, down to 96th. The average price for a cesta básica in Aracaju is of BRL 205,63, the lowest one in Brazil.

Doing business, facing obstacles

This is already a lot by international standards, but it pales in comparison to credit cards, for which banks charge 311.9 percent from their Brazilian customers.

Here are six suggestions of cities with a decent infrastructure and range of services and where it is also possible to find a decent job.

The problem is that the fiscal challenges faced by Brazil’s public sphere also echo in business enterprises in a sort of vicious cycle.

But for that to happen, macro and business environments must be attractive enough for private enterprises.

Groceries are 74.4% cheaper.

Data compiled by the National Agriculture Confederation also shows that the last time Brazil invested more than 1 percent of its GDP in infrastructure was in 1981, still under the military dictatorship.

The average price for a monthly college tuition fee is of BRL 462,50. It all comes down to the pension reform, at first. Some Brazilian state capitals offer an affordable cost of living with a good quality of life.

The consequences are immense.

If it is so complicated, why invest?


Last May, President Michel Temer relaunched a National Logistics Plan, in an attempt to lower Brazil’s dependence on trucks for cargo transportation. They could provide the country with better infrastructure, reduce the cost of energy production and distribution, and increase productivity, either by improving worker’s capabilities or better equipping the factories.

The average cost of a cesta básica is of BRL 227,12 and educational costs go from BRL 661,11 (preschool) to BRL 806,47 (college monthly tuition). In 2016, local, state, and national taxes accounted for 32.1 percent of the country’s GDP, according to the latest available data.

The country ranked 73rd out of 137 analyzed by the World Economic Forum’s (WEF) Global Competitiveness Report 2017-2018.



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