Minha casa minha vida brazil

Various dynamics are at play in Brazil that are causing many investors to re-think their previous avoidance of the country as an investment opportunity. Investor confidence is growing in large part due to the upcoming events that will put the country at the centre of the international stage in the next few years. Specifically, the FIFA World Cup will take place in Brazil in 2014, and the Olympic Games will be hosted there in 2016. A large amount of revenue is expected to flow into the country as a result, and foreign investment companies are already taking note. Analysts are projecting that Brazil is presently receiving the largest amount of funding in South America, with every 10 billion dollars flowing in resulting in 8 billion for Brazil alone.

All of these factors are coalescing to indicate that Brazil is a place to be for investment. EcoHouse Group is one company that agrees, and they have thrown their support behind the government’s Minha Casa, Minha Vida programme full-heartedly. This programme was developed to help the country cope with its present growth spurt, as the population has increased to more than 200 million people, causing many low- and middle-income Brazilians to be without sufficient housing. EcoHouse Brazil founder Anthony Armstrong had an inkling that this country was about to present a great opportunity, which is why he invested in land there in 2008. Fortunately, he turned out to be right and the government announced Minha Casa, Minha Vida Brazil in 2009. The programme seeks to address a problem raised by a 2008 report suggesting that the housing shortage stood at about 8 million homes at that time. It is estimated that the shortage will grow to 16 million homes by 2020. Minha Casa, Minha Vida calls for the building of 3 million homes in that time frame, but has had some setbacks and delays.

EcoHouse Group works hard to get around these delays by bringing in foreign investors. The strategy has been successful, and they have been able to deliver a number of properties already. They are positioned to build as many as 40,000 leading up to 2020, significantly helping the Brazilian population find quality, affordable housing.