Pandemic and high dollar make Brazilians give up on living in Florida

In contrast to what happened until 2019, international moving firms, such as IMT Logistics, observed a 60% increase in the flow back to Brazil.

RIO DE JANEIRO, BRAZIL - With the coronavirus pandemic and the devaluation of the Brazilian real (R$), the dream of living in the USA weighed on the pockets of Brazilian business people who had moved to spend extended seasons in Florida.

In the opposite of what was happening until 2019, international moving firms, such as IMT Logistics, observed a 60% increase in the flow back to Brazil.  Tiago Moreira, President of the company, recalls that "it was fashionable to spend a sabbatical in the U.S. with income in Real and student visa. Today, it doesn't happen anymore."

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