IBOV 185,814.09 ▼ 0.86% IPSA 11,449.60 ▲ 0.20% IPC MEX 64,456.59 ▲ 1.45% MERVAL 2,969,545 ▼ 0.94% COLCAP 2,612.48 ▲ 0.92% BVL PERÚ 60,625.42 ▼ 1.56% USD/BRL5.16▲ 1.21% USD/MXN17.54▲ 1.41% USD/CLP960.98▲ 1.48% USD/COP3,273▲ 2.18% USD/PEN3.38▼ 0.08% USD/ARS1,516▲ 0.08% USD/UYU40.05▲ 2.82% USD/PYG5,905▲ 2.38% USD/BOB12.01▲ 26.86% USD/DOP59.24▲ 0.75% USD/CRC447.19▲ 3.18% USD/GTQ7.63▲ 3.19% USD/HNL26.85▲ 3.19% USD/NIO36.62▲ 2.68% USD/VES851.37▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.76▲ 2.68% EUR/BRL5.88▲ 0.48% 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 185,814.09 ▼ 0.86% IPSA 11,449.60 ▲ 0.20% IPC MEX 64,456.59 ▲ 1.45% MERVAL 2,969,545 ▼ 0.94% COLCAP 2,612.48 ▲ 0.92% BVL PERÚ 60,625.42 ▼ 1.56% 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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Wednesday, September 23, 2026

Unprecedented Emigration: Brazil’s Brightest and Youngest Seek Opportunities Abroad

By · March 31, 2024 · 2 min read

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Today, the number of Brazilians living abroad hits a historic high of 4.5 million, outnumbering the population of the Paraíba state.

Between 2012 and 2022, over 2.6 million Brazilians have left their homeland, with notable increases during the crisis years of 2013 and 2020.

This trend, widespread among the youth and skilled professionals, poses a challenge for Brazil, which is now dealing with an aging population and a scarcity of skilled labor in crucial sectors like research and innovation.

Data from 2022 shows that 45% of these expatriates reside in North America, 32% in Europe, and 14% in neighboring South American countries.

A survey conducted in 2022 revealed that 76% of young Brazilians in 12 capitals aspire to leave the country permanently, a sentiment more pronounced among 15- to 19-year-olds at 85%.

André Linhares, a lawyer specializing in U.S. migration, pointed to a 2016 legal change that simplified obtaining permanent visas, fueling the migration boom.

Unprecedented Emigration: Brazil's Brightest and Youngest Seek Opportunities Abroad.
Unprecedented Emigration: Brazil’s Brightest and Youngest Seek Opportunities Abroad.
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Unlike before, when a job guarantee was necessary, applicants now only need to show potential employment opportunities.

Since the 1990s, the profile of Brazilian emigrants to the USA has evolved from those seeking financial opportunities to affluent citizens and investors pursuing a better quality of life.

“Usually, it’s a family-oriented Brazilian seeking a brighter future for their children,” Linhares notes.

Economically, the diaspora appears beneficial due to the financial support flowing back to Brazil.

In 2022, Brazil saw a record 4.7 billion reais ($950 million) in foreign personal remittances, making up 0.47% of the GDP.

This figure, though modest compared to the remittances champion Mexico ($63 billion), still represents Brazil’s highest recorded level.

Unprecedented Emigration: Brazil’s Brightest and Youngest Seek Opportunities Abroad

However, Victor do Prado from Cebri warns of the downsides, such as lost consumer spending and tax revenue.

The departure of a significant portion of the workforce, especially in strategic sectors, presents a considerable “brain drain” challenge.

Historian Renata Geraissati links the appeal of countries such as the USA to network migration, where early settlers facilitate the arrival of later migrants by offering information and support.

This cycle reinforces the migration trend, assisting new arrivals until they are established.

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

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