½ûÂþÌìÌÃ

Menu
½ûÂþÌìÌÃ

Buying and selling property in Brazil

Post new topic

Juliedh

I am Belgian and would like to emigrate to Brazil soon so that I can be with my partner. I am looking at all kinds of possibilities and then I came to the next question. Suppose that after a while I wish to buy a property in Brazil. What are the conditions as an emigrated Belgian? Are there any differences with, for example, a Brazilian who buys something?

I am also looking for the following. Suppose that after a few years we decide to move back to Belgium, is it possible to sell the apartment and invest the money back in Belgium? Or are there any catches in there? I have heard that in some countries the investments you make in that country, have to stay in the country. ie if you buy something and want to sell it, you cannot invest the money in another country. I wonder if this is the same in Brazil?

Thanks for the help!

Texanbrazil

The first step for a foreigner to buy real estate in Brazil is to obtain a CPF (Individual Tax Payer registration) number at any local Internal Revenue office (for further information access

When buying real estate in urban areas, a foreigner needs to present his or her CPF, passport, proof of residence and birth or marriage certificate (all with certified translations).

When buying real estate in rural areas a foreigner must present, besides the documents mentioned above, proof of residence in Brazil, and the area of the property must not be larger than 50 (fifty) modules, in the continuous or discontinuous area (the size of a module varies according to the location of the property).
The above taken from a site I had saved but I do not have person/company information. (May be copy written)
You will need to establish a resident in BR, You may need a permeant visa or investor visa for such,
If the partner is Brazilian s/he can buy and sell titled in his/her name.

Juliedh

Thank you.

Do you know if I invest in real estate or other, and afterwords I descide to sell, that I can get my money back to Europe? I heard in some countries you cannot take your investments back  out of the country.

MHSPCZONE

Hello
Very easy to buy a property because everyone is selling, but very hard to sell. Keep this thing in mind also

Juliedh

Ok thank you!

Fred

MHSPCZONE wrote:

Hello
Very easy to buy a property because everyone is selling, but very hard to sell. Keep this thing in mind also


I found that post interesting, so I took a look.
It seems every estate in in Brazil disagrees with you, but I'm unsure I can remember a time where an estate agent didn't lie to everyone in earshot. The reality seems to be house prices are rising at a painfully slow rate, and the only thing that's making them move at all is a very low interest rate.
This is a guess, so maybe local posters will offer opinions, I suspect there are a lot of owners that want to sell, but can't manage for love nor money - That makes it a buyer's market.
If buying, I would suggest acting as cool as possible, telling the owner you have a lot of places to look at, and you'll get back to them sooner or later.
Depending on their level of desparation, you might well get a bargain.

Articles to help you in your expat project in Rio de Janeiro

  • Banking in Brazil
    Banking in Brazil

    Bureaucracy is deeply rooted in Brazil, and this is never more evident than when dealing with banks. Be aware that ...

  • Opening a Brazilian bank account
    Opening a Brazilian bank account

    Bank Accounts – The Brazilian banking system is one of the most complex and bureaucratic in the civilized ...

  • Accommodation in Rio de Janeiro
    Accommodation in Rio de Janeiro

    With an official population of about seven million people, and almost twice that number in the metro area, Rio de ...

  • Working in Rio de Janeiro
    Working in Rio de Janeiro

    Rio de Janeiro is Brazil's largest commercial center after São Paulo. With a diversified economy, it ...

  • Discovering Rio de Janeiro
    Discovering Rio de Janeiro

    Rio de Janeiro may conjure up images of golden beaches populated by unimaginably beautiful people or of streets ...

  • Accommodation in Brasilia
    Accommodation in Brasilia

    Brasilia, the country's federal capital, is home to many highly-paid government employees and foreign ...

  • Marriage in Brazil
    Marriage in Brazil

    Brazil can be a romantic country, and you may want to marry here. Perhaps you even want to remain in Brazil ...

  • Accommodation in São Paulo
    Accommodation in São Paulo

    São Paulo is Brazil's largest city by far. It offers a wide variety of accommodations with different ...

All of Rio de Janeiro's guide articles