Industry: Tourism, Economy
Title: Brazil wants to attract more foreign investment and tourism
- Brazilian government is considering stopping the requirement of visas for visitors from the United States, Japan, Canada and Australia to boost tourism, and could eventually extend the plan to include China; in order to attract some of the 100 million Chinese tourists who travel abroad each year.
- In 2015, 575,800 US citizens visited Brazil, less than 10% of the total number of visitors to the South American country. Meanwhile, the number of Brazilians who traveled to the United States climbed to 2.6 million in 2014.
- Visa exemptions could become permanent if tourism increases significantly and the governments of the four countries take reciprocal measures by removing visa requirements for Brazilian visitors.
- Visitors from most countries in Latin America and the European Union, in addition to Russia, do not need visas to travel to Brazil, but US travelers must to obtain a visa to visit Brazil.
Source: El Economista Newspaper