The Brasil Investment Summit took place earlier this year in São Paulo, and saw nearly 600 delegates come together to discuss Brazilian investment opportunities.

The Bahamas Financial Services Board (BFSB) attended the conference, held last May at the Hotel Unique, to promote The Bahamas and expand upon investment opportunities between the two nations.

With a population of around 200 million and an economic growth rate of more than 7 per cent, Brazil is a potentially enormous market for The Bahamas. Ideally located to serve Brazilian High-Net-Worth Individuals (HNWIs), the jurisdiction has concentrated its efforts in recent years on promoting its offerings in offshore financial services to the Latin American giant.

“Brazil is an extremely important marketplace for us,” says Wendy Warren, chief executive officer of BFSB. “We have been at the conference since 2008 and have invested a number of years in Brazil.”

Watch a video of the event, including comments by Warren.