In sad news, Nintendo has announced it’s departure from the videogame market in the country of Brazil, mainly due to exaggeratedly high tariff prices and not having a local plant of distribution in the country neither. With an outdated gambling law (which affects videogames) puts a 120% tax increase on those products that aren’t produced in Brazil, making the actual price of the console skyrocket into outrageous prices. Making the situation not only bad for the consumers, but for Nintendo trying to sell their products.
Bill van Zyll, Director and General Manager for Latin America of Nintendo of America. has made comments regarding the decision that was taken in tact to accommodate the decision of butchering future 3DS & Wii U shipments as well as future titles making their way. Thanks to the translation, you can read his comments below:
Brazil is an important market for Nintendo and home to many passionate fans but unfortunately challenges in the business local environment have made our current distribution model in the country unsustainable.
These challenges include high tariffs on imports that apply to our industry and our decision not to have a local manufacturing operation. Working together with the Juegos de Video Latinoamérica, we will monitor the evolution of the business environment and evaluate the best way to serve our Brazilian fans in the future.
This is bad news for longtime fans and new fans who play on Nintendo consoles, since they’ll be unable to get any future products with this decision. Could Nintendo return to Brazil inthe future one day? Let us know in the comment section below.