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 another in Brazil.
- What should I pack when moving to Brazil?
- Where should I setup a bank account in Brazil?
- Will I be able to find a job in Brazil?
- What is life like in Brazil?
- What do expats in Brazil appreciate most about the local culture?
- What do expats find most challenging?
- 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?
- What are healthcare services like in Brazil?
- What are medical services in Brazil like?
- Are healthcare and health insurance expensive in Brazil?
- What are emergency services like in Brazil?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Brazil?
- How are local medical facilities in Brazil?
- As a foreigner living in Brazil, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
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 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.