Foreign companies have shown growing interest in maintaining teams in Brazil. It can be said that this trend was accelerated by the pandemic, a context in which the ability to work efficiently in a remote model was proven.
As a result, the social distancing of recent years has led companies to invest in remote work management. Consequently, various new technologies have been implemented, opening up opportunities for foreign companies to hire Brazilian professionals.
These professionals, in turn, have been highly attracted by the possibility of being paid in stronger currencies such as the dollar and the euro, as well as the opportunity to work for prestigious companies without having to leave their homes or move abroad.
Learn more about this below!
How to Work for a Foreign Company While Living in Brazil
There are several ways to be hired by a foreign company seeking Brazilian talent. Currently, some companies use LinkedIn as a platform to advertise job openings and recruit candidates.
It is worth noting that there are still many unresolved issues, particularly regarding compensation. As this is a relatively new work model, matters such as setting country-specific salaries or adopting a global pay scale have not yet been fully standardized.
In addition, questions around tax payments and access to the necessary tools to perform the job are still not entirely defined. There are also concerns about required skills, especially language proficiency.
In this regard, it’s important to highlight that foreign companies hiring Brazilian professionals—especially in the tech sector—generally require a good command of the English language.
Another relevant point is experience, as these companies usually do not hire professionals who are unfamiliar with the field in which they intend to work.
Key Benefits of Working for a Foreign Company
Undoubtedly, one of the main attractions for Brazilians is the salary. This is also a factor that encourages foreign companies to hire Brazilian talent. However, the devaluation of the Brazilian real can negatively impact local businesses.
The depreciation of the local currency creates unfair competition for Brazilian companies. That’s because a salary considered below average in countries like the United States or Canada will still be higher than what is typically offered in Brazil. Furthermore, these companies often provide a benefits package similar to Brazil’s CLT regime, including paid vacation, scholarships, and health insurance.
Although this scenario makes competition more challenging, it doesn’t completely eliminate the chances for Brazilian companies. In this context, it’s worth noting that local businesses can create job offers that highlight specific advantages for professionals.
Nowadays, many professionals—especially in the tech industry—are looking to make lifestyle changes, and companies must adapt to these new expectations in order to stay competitive.