Brazil
Should I buy or rent a home in Brazil?
If you have not spent a lot of time in Brazil, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"The decision to buy or rent a home in Brazil depends on a number of factors, including your budget, your job situation, and your goals for the future. It's important to look at your situation closely and consider all the pros and cons before making a decision. Renting may be a better option for those who aren't sure how long they'll stay in Brazil, need more flexibility, or don't have the resources to take on a large financial commitment. Buying a property may be beneficial in the long-run and can be a good investment if you plan to stay in Brazil for a long time. It's also possible to buy a home and live in it while renting out part of the home to cover costs. Ultimately, the decision to buy or rent a home in Brazil is a personal one, so it's best to evaluate your individual situation before making a decision," mentioned another expat when asked about moving to Brazil.
"We bought a home. We saw our property on the internet and the agent met us at the hotel the day after we landed. We looked at 5 or 6 as I recall. We found one we liked, obtained our tax card (CPF) and spoke to a lawyer who handled both the house purchase and our immigration. With the vendors, and agents we went to a cartorio and signed an official contract," commented one expat who made the move to Taiba, Brazil.
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Other Questions:
- What do I need to know before retiring in Brazil?
- How do I meet people in Brazil?
- What is life like in Brazil?
- Is there a lot of crime in Brazil?
- Is there a lot of diversity? Are people in Brazil accepting of differences?
- What are the schools in Brazil like?
- Is the cost of living in Brazil high?
- What advice do you have for expats having a baby in Brazil?
- What are healthcare services like in Brazil?
- Is the cost of living in Brazil high?
- What type of recreational facilities are in Brazil?
- What is the weather like in Brazil?
- Are there good restaurants in Brazil?
- Where will I buy groceries and do other shopping in Brazil?
- What are the visa & residency requirements in Brazil?
- Are healthcare and health insurance expensive in Brazil?
- What do I need to know when buying property in Brazil?
- Are foreigners allowed to own property in Brazil?
- What appliances are typically included in a rental?
Should I buy or rent a home 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 the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat 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.
