What do I need to know when buying property in Brazil?
When we asked expats what advice they would give a foreigner before buying a property in Brazil, they said...
"1. Brazil has a robust property purchase system, so it is important to consult with a legal advisor to learn more about the various steps required to buy a property. 2. As a foreign investor, the Brazilian government requires proof of identity, a valid Brazilian tax number, and proof of residency. 3. It is important to research property taxes in the area where the property is located, as transfer and capital gains taxes may apply. 4. A local real estate agent can be instrumental in helping to navigate the legal process and finding the right property. 5. Any documents or contracts involved in the purchase process should be carefully reviewed and checked with a legal adviser. 6. It is also a good idea to have a survey of the property carried out, to ensure the value of the property increases in the future," said a member in Brazil.
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Oliveira Lawyers is the foremost Brazilian law firm dedicated to representing the interests of foreign citizens in Brazil. From immigration to real estate and other life events, our bilingual attorneys got you covered! Main services include immigration, real estate, notary services, tax services, collections, family law, and litigation.
Oliveira LawyersOliveira Lawyers is the foremost Brazilian law firm dedicated to representing the interests of foreign citizens in Brazil. From immigration to real estate and other life events, our bilingual attorneys got you covered! Main services include immigration, real estate, notary services, tax services, collections, family law, and litigation.
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What do I need to know when buying property in Brazil?
If you live in Brazil, newcomers to Brazil would love to hear your answer to this question:
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
