Buying Property in Brazil

By Nicholas Storey, Contributing Reporter

RIO DE JANEIRO - Once sure that Brazilian real estate represents a good investment, you must decide the principal purpose of buying land in Brazil. Do you want to obtain permanent residency, a holiday home, generate rental income or a land investment on a mid to long-term basis?

There are no restrictions (except in relation to vast swathes of agricultural land) on foreigners buying land in Brazil in their own names. However, if you do buy any land without applying for permanent residency, be aware that you will be, strictly speaking, limited to spending a . . .

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