The year 2022 is coming to an end. Did you achieve all the dreams you had this year, or did something get left behind?
I still remember when I had the dream of going on an exchange. I never imagined, however, that that old dream would drastically change my life.
I not only fulfilled it, but I ended up staying in Ireland, which today is one of the countries that I love as much as my homeland, Brazil.
So I ask you: do you dream of going on an exchange? Is 2023 the right year to fulfil that desire you have so much?
The year of monetary tightening around the world
Those who follow the economy news can see that 2023 will be marked by a year in which the main central banks of the world will raise interest rates in order to contain inflation.
This movement began this year and should last at least until the first half of next year. The result is that we will see a slowdown in inflation and consumption.
This represents a great opportunity for those who want to make an exchange course. Even if the exchange rate in Brazil is not so favorable for that. I will explain why.
The Brazilian economy compared to the world
Brazil began to do a little earlier than the main countries of the world are doing now. Back in 2021, the country started raising interest rates to contain inflation.
The task worked well, so much so that the country will close 2022 with an inflation rate below the main economies, which opens space for an earlier resumption of growth.
In contrast, the rest of the world began this movement a little later and should face a tighter start to 2023.
With supply above demand it is normal that many English language schools and exchange agencies launch some promotions, especially for this beginning of the year.
The result is that you’ll save a lot more if you decide to go on an exchange early in 2023. And you’ll be ready for the market when growth picks up.
The recovery of the world economy
If all goes well and there are no macroeconomic events that complicate the outlook, such as a war or pandemic, in the last quarter of 2023 the world economy should show signs of picking up.
It is precisely at this time that you will be returning to Brazil with your English completely fluent. And as I said, the recovery in the country will begin earlier.
Therefore, when you return to Brazil after your exchange, there is a great possibility that you’ll find a much warmer scenario, and with much more preparation.
As a result, it will be much easier to find that job you so much desire. Therefore, I see that the beginning of 2023 can be one of the best moments for you to realize your dream of living abroad. Do you agree?
