IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.30% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL5.14▼ 0.14% USD/MXN16.90▼ 0.36% USD/CLP914.28— 0.00% USD/COP3,038▼ 1.18% USD/PEN3.35▼ 0.06% USD/ARS1,499▲ 0.12% USD/UYU40.20▲ 1.58% USD/PYG5,996▲ 1.55% USD/BOB11.43▲ 0.41% USD/DOP58.82▲ 0.20% USD/CRC450.05▲ 3.34% USD/GTQ7.62▲ 2.21% USD/HNL26.81▲ 0.31% USD/NIO36.62▲ 0.61% USD/VES778.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 0.79% EUR/BRL6.00▼ 0.64% 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 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.30% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% 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%
since 2009
Saturday, August 22, 2026

Brazil Business - Brazil

São Paulo City to Give Cash Rebates to Foreign Movie Production Crews

By · December 13, 2019 · 4 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

SÃO PAULO, BRAZIL – The city of São Paulo has announced a program that will give cash rebates, up to US$2.5 million of production costs, to those filmmakers who use the city as one of their filming locations or mention the city as one of its main characters or destinations.

Brazil,São Paulo city has been used as a location shoot for more than 3,300 movies and series.
São Paulo city has been used as a location shoot for more than 3,300 movies and series, photo internet reproduction.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

According to officials, São Paulo city is the ideal location for all types of films and productions. This is a pioneer initiative in Brazil that further consolidates São Paulo’s position as a global hub of film production.

“Due to its infrastructure, architecture and cultural and ethnic-racial diversity, the city is fully prepared to host major international film productions. São Paulo can be everything. It is a chameleon city and can be set in the past, have contemporary or even futuristic landscapes and scenery,” said Spcine (São Paulo City’s Film Commission) president, Laís Bodanzky, last week during the announcement.

The program calls for the reimbursement of between 20 and 30 percent of the total amount of production and post-production cost spent in the city.

According to Bodansky, the reimbursement will be given to international productions, Brazilian productions with international distribution potential, as well as international advertising campaigns, completely or partially filmed in the city.

The projects must spend in the city a minimum of R$2 million (approximately US$ 500,000) per feature and are required to be produced through a local production company.

Brazil,Actor Keanu Reeves during a production shoot in São Paulo city.
Actor Keanu Reeves during a production shoot in São Paulo city, photo internet reproduction.

The cash rebate program will finance up to R$10 million (approx. U$ 2,5 million) for each production.

The program will also partially fund scripts of international production houses, that include São Paulo in the narrative and/or a São Paulo character, without the piece necessarily being filmed or produced in the city.

According to Spcine, São Paulo city is the second most popular audiovisual production destination in Latin America. From January through August of 2019 over 1,800 requests for production shoots were received by officials, with over US$87 million being injected into the city.

To make it easier for producers to choose locations around the city, Spcine, the second largest public audiovisual entity in Latin America, has created an app featuring images from over 400 locations to be used as backdrops, and shows several scenes shot in particular areas of the city.

Another initiative announced is the Latin American Film Incentive Award. This is Spcine’s first international public announcement focused on post production and will fund feature films and animations.

The initiative will have a total investment of approximately US$120,000 in at least three awards, up to US$40,000 each, to provide services. At least one award will be given for a Brazilian feature film and at least two for Latin American feature films. Winners must perform post-production services in the state capital.

Brazil,Some of the episodes of award-winning series Black Mirror were filmed in São Paulo city.
Some of the episodes of award-winning series Black Mirror were filmed in São Paulo city, photo internet reproduction.

“Brazil’s financial, technological and cultural capital, São Paulo represents twenty-five percent of Brazil’s film market share. The municipal incentive policy seeks to promote social, economic, tourist and cultural development of the municipality, generating jobs and attracting investment to the city,” says São Paulo mayor, Bruno Covas.

According to officials this is a pioneer initiative in Brazil that further consolidates São Paulo’s position as a global hub of film production.

Data from 2018 Spcine shows that over 40 percent of all production companies in Brazil are based in São Paulo state. The data also shows that last year the city hosted more than 20.4 million spectators in its cinema theatres, totaling box office revenues of over US$101.2 million.

Since Spcine’s creation in 2016 more than 3,300 productions, both domestic and foreign, have been filmed in the city and generated more than R$1.6 billion in revenues for São Paulo, including episodes of series such as Black Mirror, 3%, The Mechanism and Sense8. Actors and producers of Netflix’s latest series, The Conquest, produced by actor Keanu Reeves, were in town earlier this month to shoot scenes in the city’s center.

With this new program, the city hopes to attract more audiovisual productions to the city.

“The diffusion of audiovisual is one of the strategic movements of the São Paulo Capital of Culture program. The pioneering spirit of this incentive action will further increase the interest of the international audiovisual industry in our city,” concludes São Paulo City Culture Secretary, Alexandre Youssef.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.