Fausta's blog

Faustam fortuna adiuvat
The official blog of Fausta's Blog Talk Radio show.

Thursday, March 27, 2008

Immigrants chase the Brazilian Dream

The BBC Brazilian edition reports (link in Portuguese) Number of immigrants in search of the ' Brazilian dream ' grows: An increasing number of immigrants are arriving in Brazil in search of opportunity. Foreigners are arriving as individual investors, employees of multinational corporations, or illegally, encouraged by the growth and stability of the Brazilian economy.

The depreciation of the Argentinian currency, Spain's tougher immigration laws, and Brazil's new agreements with Bolivia, Argentina and Uruguay is attracting South American immigrants.

The US is the leading country requesting investment visas, with Great Britain and the Philippines in second and third places. Investment from the Phillipines is mostly in oil. Italy, France, Germany, India, Japan, China and Canada round up the top ten.

The BBC reports that Brazil has an estimated 600,000 illegal aliens, 75,000 of which are Bolivians.

As you can see from the report, people will opt for economic opportunity whenever they can. As the Bolivian government clamps down on economic investment, the people go where they can prosper.

Meanwhile, in Europe, Is the Polish diaspora returning home?, via Siggy


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At 9:01 AM, Blogger SC&A said...

Great story.

Here's another shocker, much along the same lines.

It turns out that many of the 1 million plus Polish workers are leaving the UK and headed home.

It seems like capitalism is working.


At 10:36 AM, Blogger Pat Patterson said...

What? Does this mean the Berlin Wall was built to keep the capitalists out? We need to start thinking about some new name for these refugees so the newspapers won't get confused and actually research the issue. Evos cabritos?

At 1:52 PM, Blogger Fausta said...

I'm adding the link to the post, Siggy.

Evo's cabritos, alright!


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