Property in Brazil
With a booming tourism industry, a stable economy and relatively low property prices, Brazil offers an amazing potential for foreign investors.
Low prices and no restrictions for foreigners
In recent years Brazil economy and politics have radically changed, making the country a rising star of South America. With a new currency the threatening inflation has been significantly reduced. The economy is now stable and is rapidly growing each year. As a result, Brazil is predicted by economic experts to become one of the five world dominating economies within the next decade.
Reasons to buy property in Brazil
The Brazilian government has been putting an enormous effort into encouraging foreign buyers to invest into Brazil’s real estate market. This led to a straightforward and restriction free purchasing process for foreign investors. Everybody can buy real estate in Brazil, regardless of whether the purchaser is a resident of Brazil or not. The only restriction applies to property in rural areas or on boarders to other countries which only residents of Brazil are authorized to purchase.
Investments are granted with very attractive tax options, like a 0% purchase tax or tax reductions for non-residents. In addition all properties are sold on freehold basis, meaning that the buyer gets a 100% land ownership.
With investments in the tourism sector being another top priority of the Brazilian government, the demand for holiday residences and vacation villas is constantly growing. Due to a visa policy which provides permanent residence permits to retirees with a certain pension rate, the demand for retirement communities offers another investment opportunity which is not subject to seasonal influences.
The demand for housing in general is very high in Brazil. Currently the country is lacking over 8m homes, with the number increasing. This will lead to a massive housing construction within the next years thus offering enormous potential for investors who do not intent using the property for themselves.