Entertainment
Rio de Janeiro Launches 35% Cash Rebate Production Incentive

Rio de Janeiro Launches 35% Cash Rebate Production Incentive

Brazil’s Rio de Janeiro is launching for the first time a cash rebate incentive of up to 35%. Run by government agency RioFilme, the new program is aimed to benefit international productions that spend at least R$15 million ($3 million) in the picturesque beach city. The incentive makes it among the most attractive offers in the region, led by Colombia’s 40% cash rebate on local qualified spend and 20% cash rebate on logistical expenses such as hotels, catering and transportation. Rio’s neighboring city of Sao Paulo offers cash rebates of 20% to 30%. Uruguay, a popular shooting location in recent… Read Full Article