Rio, is the capital city of the State of Rio de Janeiro, the second largest city of Brazil. Rio de Janeiro is the 2nd largest regional economy in Brazil, and the city has a robust and highly diversified economy, providing large-scale employment in heavy and light industry, manufacturing, commerce, finance, trade, and other service sectors. Brazil is in Eastern South America, bordering the Atlantic Ocean. The climate is mostly tropical, but temperate in the south. The official language is Brazilian Portuguese. This is different from European Portuguese in pronunciation and some vocabulary. Many people do speak English in business and federal government circles, but visitors cannot rely on a contact's ability to speak English and should check in advance whether an interpreter will be necessary. The main religion is Christianity. The economy of Brazil is a federal economy. Brazil is the ninth largest economy in the world and the second largest in the Americas, after the United States. Brazilians, as with other Latin Americans, generally converse at a much closer physical distance than many expatriates are accustomed to. Formal expatriate business dress is standard in large cities. Women are found at the highest levels of business and politics. The security risk for expatriates in Brazil is medium, but high in the deprived areas of major urban centres. Risks include opportunistic crime, such as purse-snatching, armed street robbery, drug-related violence, car theft and carjacking. There is a high level of risk of kidnapping for wealthy local residents. The currency of Brazil is the Brazilian Real (BRL). Banking is on a par with that of Western Europe and North America. Medical facilities vary. Expatriates can receive emergency medical treatment in Brazilian public hospitals but they tend to be crowded. Private hospitals require evidence of sufficient funds or insurance for admission. Cases of Zika virus have been reported. Malaria is present. Dengue fever is common. The population of Rio de Janeiro is 12.3 Million (2019 est.), while the inflation rate (CPI) is 3.37% for Brazil as at June 2019. Xpatulator Hypothetical Tax for Brazil is based on the current personal income tax rates which are progressive up to 27.5%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Rio de Janeiro, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Rio de Janeiro as at 1 July 2019 is average in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: Average 3) Communication: Very High 4) Education: Low 5) Furniture & Appliances: Average 6) Groceries: Very Low 7) Healthcare: Average 8) Household Accommodation: High 9) Miscellaneous: Very High 10) Personal Care: High 11) Recreation & Culture: High 12) Restaurants Meals Out and Hotels: Average 13) Transport: Low Rio de Janeiro is for example -19% cheaper than Houston TX for groceries, 42% more expensive for household costs than Kuala Lumpur, and 30.3% more expensive for transport costs than Dubai. The hardship premium for Rio de Janeiro for an expat from Perth, is for example 20%, i.e. host location (Rio de Janeiro) premium of 30% minus home (Perth) location premium of 10%. Rio de Janeiro is ranked as a high degree of hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Rio de Janeiro? Register subscribe to your home location and Rio de Janeiro and run your personalised reports.