IBOV 185,229.17 ▼ 0.41% IPSA 11,381.18 ▲ 1.30% IPC MEX 63,375.93 ▼ 0.78% MERVAL 3,021,926 ▼ 1.29% COLCAP 2,548.22 ▲ 1.05% BVL PERÚ 60,023.65 ▼ 1.13% USD/BRL5.14▲ 0.26% USD/MXN17.22▼ 0.01% USD/CLP959.00▼ 0.31% USD/COP3,175▲ 1.37% USD/PEN3.37▼ 0.10% USD/ARS1,514▲ 0.26% USD/UYU40.16▲ 2.90% USD/PYG5,906▲ 2.95% USD/BOB9.95▼ 6.56% USD/DOP58.83▲ 0.22% USD/CRC444.45▲ 2.49% USD/GTQ7.63▲ 3.03% USD/HNL26.85▲ 0.38% USD/NIO36.62— 0.00% USD/VES846.42▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.75▲ 2.57% EUR/BRL5.91▲ 0.04% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,229.17 ▼ 0.41% IPSA 11,381.18 ▲ 1.30% IPC MEX 63,375.93 ▼ 0.78% MERVAL 3,021,926 ▼ 1.29% COLCAP 2,548.22 ▲ 1.05% BVL PERÚ 60,023.65 ▼ 1.13% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Sunday, September 20, 2026

Brazil Expats & Nomads

Brazil’s Election, Two Weeks Out: What Expats Need to Know Before the 4 October Vote

By · September 20, 2026 · 7 min read

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BRAZIL · POLITICS & ELECTIONS

Key Facts

  • The date Brazil holds the first round of its general election on Sunday 4 October 2026 — exactly two weeks from today. A runoff, if no presidential candidate wins a majority, follows on Sunday 25 October, three weeks later.
  • The race President Luiz Inácio Lula da Silva leads first-round polling — the vote actually happening on 4 October — while second-round runoff simulations against Senator Flávio Bolsonaro show a statistical tie, the pollsters’ term for results within the margin of error, not a verdict on the outcome.
  • The Abin report A confidential report by Brazil’s intelligence agency Abin, dated late August, rated US pressure on the election as “critical” — leaked this week via Folha de S.Paulo columnist Mônica Bergamo and reported by Metrópoles and CNN Brasil on 19 September. The report describes political pressure; it does not allege tampering with votes or voting machines. Both halves matter.
  • The trust gap A Datafolha poll published on Friday 18 September shows distrust of the Supreme Court (STF) at a record 48%, up from 43% in March, in a series running since 2012. The split is partisan: 69% of Flávio Bolsonaro backers distrust the court, versus 22% of Lula voters.
  • For expats Voting is for Brazilian citizens only — nothing changes operationally for foreign residents. The economic backdrop: the real closed Friday at 5.1575 per US dollar (PTAX), with the Selic rate at 13.75%.
  • This week Both Lula and US President Donald Trump address the UN General Assembly in New York on Tuesday 22 September.

Two weeks from today, Brazil votes. Lula leads the first-round polls, while runoff simulations against Flávio Bolsonaro show a statistical tie; the intelligence agency has privately rated US pressure on the election “critical”; and public distrust of the Supreme Court has hit a record. For the half-million-plus foreign residents who cannot vote, the practical answer is simple — nothing changes on the ground — but the next two weeks will shape the country expats live in. Here is what is actually known, clearly attributed, and what to watch.

A voter presses the Confirma button on a Brazilian electronic voting machine
An electronic voting machine, in an archive photo. Brazil votes in the first round on Sunday 4 October 2026; a runoff, if needed, follows three weeks later. (Photo: Rio Times archive)
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Where the Race Stands

Two weeks out, President Luiz Inácio Lula da Silva leads the first-round polls — the vote actually happening on 4 October — while second-round runoff simulations against Senator Flávio Bolsonaro show a statistical tie, meaning the gap between them sits within the polls’ margin of error. Both statements are the pollsters’ own description of their numbers, not a prediction: a first-round lead says who starts ahead; a statistical tie says the runoff race is too close for the surveys to call.

The first round on Sunday 4 October also covers governors, senators and federal and state deputies, but the presidential contest is the one that moves markets and headlines. If no candidate wins a majority of valid votes, a runoff follows on Sunday 25 October, three weeks later.

The Abin Warning — Both Halves of It

A confidential report by Abin, Brazil’s intelligence agency, dated late August, rated US pressure on the election as “critical”. The report entered the public domain this week through Folha de S.Paulo columnist Mônica Bergamo and was reported on 19 September by Metrópoles and CNN Brasil.

Precision matters here, in both directions. The report describes political pressure — statements, diplomacy and leverage from Washington — and rates its intensity as critical. It does not allege tampering with votes or with Brazil’s electronic voting machines. Reading it as proof of interference goes beyond the document; reading it as nothing ignores the agency’s own strongest classification. Both halves of that sentence are what is verified.

Record Distrust of the Supreme Court

A Datafolha poll published on Friday 18 September shows distrust of the Supremo Tribunal Federal at a record 48%, up from 43% in March, in a series the institute has run since 2012. The divide is partisan: 69% of Flávio Bolsonaro supporters distrust the court, against 22% among Lula voters.

The STF is not a bystander in this election. The court has driven the cases against former president Jair Bolsonaro — convicted in September 2025, sentenced to 27 years and serving that sentence since November 2025 — and its justices are central players in the campaign’s arguments. A record distrust number two weeks before voting is part of the climate in which more than 158 million registered voters go to the polls.

What Changes for Expats — Honestly, Little

Voting in Brazil is for Brazilian citizens. Foreign residents — permanent or otherwise — do not vote, and no residency, visa or immigration rule changes on 4 October. Election day is a Sunday; polling stations operate mainly in schools, and normal weekend commerce continues. There is no verified reason to change plans.

What the election does affect is the economic weather expats live in. The real closed Friday at 5.1575 per US dollar (PTAX) after a soft week, and the Selic rate stands at 13.75%. What a Lula or a Bolsonaro victory would mean for the currency is a forecast, not a fact — treat anyone selling certainty on that as selling something.

What Comes Next

On Tuesday 22 September, both Lula and US President Donald Trump address the UN General Assembly in New York — an unusual shared stage two weeks before the vote, given the Abin report’s subject. Then the final campaign stretch to Sunday 4 October. If a runoff is needed, it follows on Sunday 25 October, three weeks later. For daily context, see our daily guide for Sunday 20 September.

Can expats vote in Brazil’s election?

No. Voting in Brazilian elections is for Brazilian citizens; foreign residents, including permanent residents, do not vote. Nothing in residency or immigration rules changes on election day.

Does anything close or change on 4 October?

Election day is a Sunday, so much of the country is already on weekend footing. Polling stations operate mainly in schools, and normal weekend commerce and services continue. No nationwide closures or restrictions beyond the usual election-day routines have been announced.

What will the election mean for the real?

That is a forecast, not a fact. What is known: the real closed Friday at 5.1575 per US dollar (PTAX), the Selic rate is 13.75%, and Lula leads first-round polls while second-round simulations show a statistical tie. Markets price elections as uncertainty resolves; any specific prediction about the currency’s direction after 4 October is opinion, and we do not publish opinion as fact.

Sources

  • Datafolha — STF distrust poll, published 18 September 2026 (series since 2012)
  • Folha de S.Paulo (Mônica Bergamo column), Metrópoles, CNN Brasil — reporting on the confidential Abin report, 19 September 2026
  • Banco Central do Brasil — PTAX closing rate of 18 September 2026; Selic at 13.75%
  • Superior Electoral Court (TSE) — election calendar: first round 4 October 2026
  • The Rio Times desk reporting, 17–19 September 2026

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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