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EVERYTHING YOU NEED TO KNOW
Looking to buy real estate in Rio de Janeiro as a foreigner?
At Oabitat, we’re here to make the process easy and stress-free. The only mandatory document you need is the CPF (Cadastro de Pessoa Física), which can be easily obtained online. This is a unique identification number issued to Brazilian citizens and residents for tax purposes. You will need to provide this number when registering the property in your name.
If you’re looking to invest in real estate in Brazil, a purchase equal to or greater than R$ 1,000,000 can allow you to obtain a permanent residency visa, also known as a “golden visa”.
International Wire Transfer
For transferring funds, we recommend going through a broker. The Brazilian real is not an international currency, so it is not possible to send Brazilian reals directly. Moreover, the Brazilian banking system is different, and a series of documents must be provided before the transaction to avoid any issues with the central bank. We work with a partner exchange bank and can assist you in organizing the wire.
Once we find your dream property and the owner has accepted the offer, here’s what happens:
Please note that in Brazil, the final signature and payment are done at the same time, so the funds must be ready for the final signature.
Additional Costs: In addition to the purchase price, there are a few additional costs to consider:
Yes, foreign nationals can buy property in Brazil.
No, a visa is not required to purchase property in Brazil. However, if you’re looking to invest in real estate and obtain a permanent residency visa, a purchase equal to or greater than R$ 1,000,000 can allow you to apply for a “golden visa”.
The only mandatory document you need is the CPF (Cadastro de Pessoa Física), which can be easily obtained online.
Yes, 100% of the process can be done securely online.
In addition to the purchase price, there are a few additional costs to consider, including property transfer tax, notary fees, lawyer fees, and commission fees. These can add up to approximately 5% above the purchase price.
Our experts and developers would love to contribute their expertise and insights and help you today.
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