The acquisition of real estate by foreigners in Brazil is entirely possible, but the process varies depending on the buyer’s immigration status — whether they are already a resident or intend to purchase property for a future move to the country. In both cases, the same basic civil and tax rules apply, such as the payment of ITBI (Property Transfer Tax) upon purchase and IPTU (Urban Property Tax) annually, as well as the possible income tax on any capital gain in a future sale.
The main difference lies in the required documentation. A foreign resident, already holding a CPF (Individual Taxpayer Registry), RNE/CRNM (National Migration Registry Card), and fixed address, faces a simpler process. A non-resident foreigner can also buy property in Brazil but must appoint a legal representative domiciled in the country with specific powers to act on their behalf before notary offices and public agencies, in addition to providing proof of the funds’ origin used in the transaction.
In summary, buying property in Brazil is a legally secure and feasible act for foreigners, provided that all applicable civil, tax, and immigration formalities are properly observed.
To ensure a smooth and hassle-free purchase, it is highly recommended to seek professional assistance. Conliance offers complete support for foreigners who wish to invest or establish residency in Brazil — from planning to the formalization of the transaction.
Contact us and find out how we can help you complete this process safely and efficiently.
