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Follow on Google News | Brazil Prepares to Build on World Cup LegacyThe World Cup has centre stage, but Brazil's presidential campaign is heating up with the Workers' Party this week endorsing Dilma Rousseff to run for re-election. She promises to continue with social policies that have lifted millions out of poverty
By: uv10.com Samantha Gore, Sales Manager for Brazil-specialist estate agent uv10.com (http://www.uv10.com/) During its tenure, the Workers’ Party has presided over 12 years of prosperity – albeit with real economic growth slowing from 6.1% in 2007, when they ‘won’ the World Cup, to a forecast 1.5% in 2014. Under two terms with Lula da Silva and one term with Dilma Rousseff, unemployment is at a record low, 36 million people have been lifted out of extreme poverty and millions more have received state benefits such as the monthly Bolsa Familia cash payout and the Minha Casa Minha Vida (http://www.uv10.com/ Samantha continues, “Minha Casa Minha Vida was launched five years ago to get Brazil’s poorest out of slum conditions and into decent housing. The country faced a shortage of 5.24 million homes and the programme allows low-income families to become property owners by way of heavily subsidised mortgages offered via the state bank. The housing shortage (http://www.uv10.com/ Demand for Minha Casa Minha Vida homes is still very high with approved families sitting on ever-growing waiting lists. Progress is slow-going as home-grown developer finance is prohibitively costly and typically bureaucratic. However, an award-winning UK-based developer is taking advantage of this situation and already on its seventh social housing project in Brazil, namely Monte Alegre (http://www.uv10.com/ Private overseas investors are able to participate in Minha Casa Minha Vida with a very clear exit strategy. The full investment amount plus returns are delivered in just 12 months. Furthermore, all investment is done through a UK escrow account and subject to UK law to provide maximum security. Monte Alegre is one of the first social housing projects in the south of the country, an area with heavy investment from industry resulting in a booming economy and very high employment levels. Located in Alvorada, a suburban zone with a population of 200,000, just 16km from Porto Alegre centre, it’s a catchment area for the city itself as well as nearby General Motors and Pirelli Tyre plants which employ thousands of local workers. The initial phase of Monte Alegre (http://www.uv10.com/ Priced at just 21,000 GBP (currency fixed) per property with those buying between one and ten units enjoying a fixed return of 15% over a 12 month period, rising to 16.5% for those wishing to roll their investment for a three-year period. This figures jumps to 16% over 12 months and 17.5% over three years for investors purchasing 11 or more units. Contact uv10 on info@uv10.com, visit www.uv10.com or telephone UK +44 (0)203 397 3087, skype uv10-samantha. Twitter @uv10, www.facebook.com/ -ends- for further press information or photography please contact Sarah Drane on sarah@purplecakefactory.com or call 00 34 607 564 726 End
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