Igor Cornelsen is a champion when it comes to investing. He knows all that needs to be known in the investing world with regards to any company, or product. Igor Cornelsen has invaluable experience working in the banking field that saw him rated as one of the country’s top bankers.
Igor has worked and held many top ranking positions in leading banks in Brazil. Currently, Igor works as the proprietor of Bainbridge Investment Inc. He also dabbles as a consultant for the banking industry and gives investing advice to both individuals and companies.
Brazil is one of the largest economies in the world, with attractive investment options potential investors. The country is ready to continue its economic development; it’s an exciting time to invest in Brazil. And who better to give investing advice than the guru himself. Here are the top 3 tips for investors looking in invest in Brazil by Igor Cornelsen:
1) Connect with the local people. Since businesses depend on networking, Igor advises investors to link with natives who can give advice based on their own business experiences.
2) Prepare for red tape. According to Cornelsen, potential investors should be ready to face many regulations in the Brazilian market including high taxes, labor market strictness and more. Investors who make strategic decisions based on this will see the big payoffs.
3) Understand foreign currency restrictions. Since there are restricted foreign-currency transactions, investors should ensure they find local banks approved to hold local currency and deal in foreign exchange.
Investing offers tremendous benefits. Well, for investors eyeing the Brazilian market, you now have the investing advice from the Investment champion himself.
As Cornelsen states, 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. 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. As shown above, 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.