Great news ! Brazil may not have a National rebate but several states DO have tax rebates & incentives, including Rio de Janeiro ! ( Chris Burnel - Portugal/France/Brazil since 1999)
Could Fantastic Beasts 3 be heading to Brazil?
Fantastic Beasts creator J.K Rowling has implied Fantastic Beasts 3 will be at least partially set in Brazil, but the question remains if the franchise head to film on location in the country? In the past, the Harry Potter spin-off based at Warner Bros.' Leavesden Studios, London has rarely left the country despite its international horizons.
The Harry Potter spin-off follows the exploits of wizard zoologist Newt Scamander, whose textbook Fantastic Beasts and Where to Find Them is used by students at Hogwarts. The planned set of five prequels is set seventy years before the original films, explore the global wizarding world of the early twentieth century.
J.K. Rowling, the author behind the Harry Potter series has confirmed her script has been finished for the upcoming Fantastic Beasts film, and implied a Brazilian setting when interacting with fans on twitter. Changing her header to Rio de Janeiro in the 1930s, Rowling replied to fans excited tweets joking “I really ought to be able to spell Rio de Janeiro properly, given how many times I’ve written/typed it in the last few months”.
While the previous films in the series have been set in global locations, the majority of the production was contained within the UK. While Fantastic Beasts and Where to Find Them, released in 2016 was set between 1920s New York but found doubles in Liverpool, UK. The subsequent Crimes of Grindelwald built extensive sets to double for Paris.
Filming is yet to begin on the upcoming installment, due for release in November 2021 but director David Yates will return to the franchise.
Leavesden Studios, the historic studio that has been home to Harry Potter franchise, and the subsequent Fantastic Beast series has seen profits soar in the last year, according to a report published by the Telegraph. The studio has hosted productions including Spider-Man, Cats and The Fast and the Furious franchise in 2018.
Brazil currently does not operate a national tax incentive, although the Audiovisual Act means that co-production funds are available for feature films, documentaries and TV productions for countries with a co-production treaty.
The UK Film Tax Relief, provides a 25% cash rebate to feature films and post-production that meet at least 10% of the film's core expenditure in the UK.
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