Let us set the record straight regarding the myth perpetuated by the many self proclaimed sages on this site, namely that the sole legitimate scenario for the acquisition of land and property within Brazil is to send all funds only to entities located within Brazil. This defacto assumption is then ordinarily supplemented by the contention that all monies can only be paid via the Central Bank of Brazil and that any fund transmission variance will ultimately result in repatriation issues to the country of origin upon reassignment or resale.
This is incorrect. Non residents are perfectly at liberty to freely trade real estate in Brazil, and to make payments to each other OUTSIDE Brazil.

“Vendedor/Comprador estrangeiros - Quando o vendedor e o comprador do imóvel não residem no Brasil, o pagamento pode ser feito no exterior, mas analisando aspectos de tributação e registro do imóvel;”

The provisors are as follows:
All taxes due must be paid, the transaction is registered in Brazil via the notary system, the contract must be in Portuguese and the if payment is made in a foreign currency, the amount also needs to be quoted in Reais.

And where does this information originate that runs contrary to the sages erudite pronouncements? None other than the official website of the Banco Central Do Brasil!




This posting is merely factual in nature in order dispell a widely held misconception. I would stress that the advice volunteered on this site relating to the level of research and due dilligence required in respect of purchasing in Brazil remains 100% valid.