Investing in Brazil 2026: B3, Selic, Real Estate and Risks
Published on April 6, 2026.
Investing in Brazil is on the rise in 2026, with the Ibovespa reaching an all-time high of 192,624 points in February 2026. The country's FDI reached a ten-year high in 2025, surpassing USD 84 billion. The Selic has peaked and begun an easing cycle, while Brazilian equities trade at single-digit P/E multiples relative to most developed markets. The Brazilian Stock Market, B3 (Brasil, Bolsa, Balcão), lists over 400 companies with total market capitalisation exceeding R$5.5 trillion. Nonresidents accounted for 55% of equity options financial volume in early 2026 - a record and a sign of growing international participation. The benchmark Selic rate stood at 14.75% per year as of March 2026 after Copom cut 25 basis points, the first reduction in nearly two years. However, foreign investors cannot open a Tesouro Direto account or an institutional custodian registered with the Central Bank of Brazil. Foreign nationals can only access to Brazilian fixed income instruments under CMN Resolution 4,373/2014. Property acquisition acquisition requires same conditions as urban citizens and rural government approval under 5IT/1971, and border-zone properties need special authorisation.
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