Investment Opportunities in Goias

Investment Opportunities in Goias

Investment Opportunities in Goias

Goias is a state that is located in the central regions of Brazil. It is the central-most region in Brazil. It is also one of the most populous states in the country. The state occupies a large plateau and is located at about 750 meters above sea level. Goias is extensively covered with savanna and tropical rainforests and it has a very pleasing climatic condition throughout the year. Like many other states in Brazil, Goias is also famous for attracting large numbers of tourists.

From the economic viewpoint, the state contributes heavily to the national income of Brazil. The state has a very strong industrial and commercial base. The state is endowed with rich natural resources. It has huge deposits of various minerals. Goias is one of the leading producers of minerals like nickel, iron, silver, phosphate, niobium, etc. There are still many mineral reserves that are to be explored. Thus, foreign investors can consider investing in the mining sector of Goias.

Goias has a big agricultural sector too. The agricultural industry in the state contributes to about 20% of the state's GDP. A variety of crops such as tomato, rice, cotton, soybeans and sugarcane are grown extensively throughout the state. Goias is also one of the leading sugarcane exporting states in Brazil. Apart from the growing crops, the state also has a huge animal husbandry sector. Thus, investing in agriculture and its allied industry can yield good returns on investments for foreign investors.

The state of Goias is ranked as the fourth-largest ethanol producing state in Brazil. Business analysts are expecting Goias to become the second-largest ethanol producing state in Brazil in the coming years. To encourage the production of ethanol in the state, and lure foreign investors to invest in the sector, the federal government of Brazil has lowered the tax rates from 26% to 15%.

The Goias real estate sector is currently experiencing a boom. As a result, the industry is attracting many foreign investors to invest in its land and property. The real estate sector of Goias promises good, profitable returns on investments. Investing in the real estate segment of Goias is particularly advantageous because the tourism in Goias is rapidly increasing. Great investment lies in renting out villas and apartment to the visiting tourists.

Great investment opportunities in goias lies in building leisure facilities, beachside oases, golf clubs, resorts, etc. Another very striking advantage of investing in Goias is that the Federal government provides tax benefits to foreign investors investing the state. Also, with the overall growth of Brazil's economy, the immigration to various states in Brazil - especially to Goias - is increasing. The cost of living in Goias is low here, and as a result an increasing number of people are coming to reside in the state. Goias is considered as one of the safest place in Brazil. There is no risk of any natural catastrophe like a tsunami or earthquake. It is also very safe from any external threats like attacks from terrorists, etc.

Thus, the state offers good investment opportunities in its diverse sectors. Investors investing in Goias are sure to earn profitable returns.

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