The Brazilian-American Chamber of Commerce was founded, continuing the mission of the American Brazilian Association (established in 1927), and was incorporated under newly adopted by-laws. The first Board of Directors meeting took place.

Initially, with 100 members, the Chamber organized cocktail receptions to foster connection. The inaugural Person of the Year (formerly known as Man of the Year) was held at the St. Regis Hotel, honoring Antônio Delfim Netto, Brazil's Minister of Finance, and George Moore, Chairman of Citibank. With Brazil's economic growth, BrazilCham opened a dialogue with the Brazilian government to promote Brazil in the United States. The Chamber also supported the Brazilian Cultural Institute's Cocktail Dansant at Tavern on the Green, and membership grew to 198.

BrazilCham held its first mini seminar, leading to ten more by 1983 and 21 annual programs by 1987. The Conference on the Brazilian Economy was organized in Berlin, aligning with the fall meetings of the World Bank and IMF. This event became known as the Brazil Economic Conference, with subsequent editions in cities including Madrid, Hong Kong, and New York. The Chamber also hosted a live broadcast of Brazil's presidential debate between Fernando Collor de Mello and Luiz Ignácio Lula da Silva, marking the first direct popular election under Brazil's new constitution after two decades of military rule.

BrazilCham established six membership levels: Patron, Sponsor, Contributing, Corporate, Member (now Startup), and Non-Profit, and launched its first website. With US Trade Representative Carla Hills as the American POY honoree, “Man of the Year” was changed to “Person of the Year,” reflecting the great societal transformations that had occurred. The Chamber partnered with the Americas Society / Council of the Americas to host a luncheon honoring President Fernando Collor in New York. Establishing itself as a venue for government leaders to share their insights, the Chamber welcomed notable figures including President José Sarney and Governor Edison Lobão. The office was moved from 22 West 48th Street to 509 Madison Avenue, where it stayed for 20 years.

BrazilCham’s website was redesigned to facilitate online event registration. The Brazil Summit was incorporated into the Chamber’s annual calendar, taking place during the annual meeting of the IDB in Fortaleza, Brazil. The Brazil Summit was moved to New York, where it now serves as an opportunity for representatives of Brazil’s economic team (in Washington, DC for the spring meetings of the World Bank and IMF) to update the New York business community on key economic issues.

The Person of the Year Fellowship Program was launched in 2011, offering scholarships to outstanding young professionals accepted into top graduate programs to foster leaders in the Brazilian-American community. To keep pace with evolving digital needs, the Chamber established a social media presence and revamped its website (twice in one decade) to enhance member interaction and provide easier access to information and services. Two new membership levels were introduced – Student and Young Professional – serving a new population interested in Brazil-US relations. In 2017, the Chamber moved to modern headquarters at 485 Madison Avenue, allowing for on-site events – and the Person of the Year ceremony was relocated to the iconic American Museum of Natural History. In 2018, the POY was expanded to include special awards recognizing Brazilian organizations committed to social responsibility and community development. In 2019, BrazilCham celebrated its 50th anniversary of promoting trade, investment, and cultural ties between Brazil and the United States.

The Person of the Year took place at the New York Marriott Marquis in Times Square and then The Glasshouse, where it was held through 2024. Finally, the POY returned to the iconic American Museum of Natural History. “POY Brazil Week” continues to expand with a host of parallel programs highlighting Brazil’s accomplishments and showcasing the country’s many business and investment opportunities.