Real State Law
Non-Brazilians are protected by the legal constitution and have the same rights as Brazilians when they buy property. Due to the great improvement in the economy of Brazil over the past three years, property is now viewed as a viable investment option. Early investors are currently seeing excellent returns in Brazil's most popular locations.Overseas property investors' attention is now focused on the benefits of buying in Brazil. The international press is constantly promoting the country as a developing market for investment in general.
Brazil has been clearly identified as an emerging market among worldwide property investors. Returns on investment are excellent and investors have become aware of the high growth potential of Brazil as a stable new investment market.
With a tropical climate, world-famous, beautiful beaches and a year-round tourist season, Brazil is set to benefit buyers with buy-to-let investment strategies and those looking for above average returns on their overseas holiday properties. The low cost of living also appeals to investors and tourists looking for a low cost alternative to the expensive Caribbean market.
The current availability of cheap labor and materials, coupled with comparatively low real estate prices, signifies that the conditions for growth are outstanding.
Major investment is ongoing to improve Brazil’s infrastructure and create purpose-built eco-friendly tourist resorts.
Easy access from North America and Europe is on the increase, while the costs of travel are decreasing each year, giving Brazil a truly global investment and tourism appeal.
There are no complications regarding property ownership in Brazil and investments can be purchased as 100% freehold.
Predictions by leading financiers, Goldman Sachs, rank Brazil among the top 5 world economies by 2050. As one of the world’s largest countries, with a current population of over 180 million, Brazil’s economic potential is enormous.
Increase of thriving manufacturing industries relocating to Brazil and boosting the economy.
Active encouragement and incentives for foreign investment - you can own 100% of land and property.
Cost of living at only 20% of that in the UK/Europe, while property maintenance costs are extremely low.
Year-round sunshine, with average summer temperatures of 21° C.
Great natural beauty with fantastic scenery and 7,000 km of beaches.
Friendly nature of the Brazilian people.
Vibrant cities with carnivals and music.
No international risk of war, terrorism or SARS in Brazil.
Easy access, via direct flights, from many international airports.
Property price returns of 20% per annum in some locations.
Good currency exchange rates, making it cheap for foreign investors.
Expected to be self-sufficient in oil reserves within the next year.
Brazil is believed by some economists to be among the leaders of the future.
Why invest in Rio de Janeiro?
- Its warm all year round in the Rio de Janeiro increasing rental opportunities and yields.
- Some areas in Rio de Janeiro have seen capital appreciation of over 20% per year even more in hotspot areas like south zone.
- Currency exceptionally favorable at the moment making it cheap for foreigners to invest / buy property, the currency over the last few years is strengthening year on year.
- President Lula has brought huge hope and improvement to Brazil, Inflation is at an all time low.
- Foreign investment is encouraged, you own 100% of land and property.
- Cost of living can be as low as 30% of the cost in the UK/United States/Europe.
- Brazil is self sufficient in Oil and is finding more and more oil fields ready for exploration.
- Beautiful Country with fantastic scenery and beaches .
Some economists say Brazil will be one of the future economic leaders .
Brazilian people are always friendly and cheerful and inviting. Smiles go a long way. Rio de Janeiro is vibrant and exciting with carnivals and music
We can assist with:
- Filing for the Brazilian Tax Identity Card (CPF), which is the only mandatory document for real estate purchase in Brazil;
- Drafting and reviewing the purchase and sale contract, to ensure the client's rights are protected in writing;
- Execution and/or representation for the purchase and sale contract;
- Title search, which is the process whereby the attorney attests that the property's title is 100% legitimate and free from liens;
- Coordination of the money transfer process, in order for it to be legal and in accordance with federal and international money laundering regulations;
- Representation on closing;
- Managerial powers by which the foreigner provides a power of attorney of representation, thus eliminating the need for personal appearances at some or all of the purchase stages;
- Immigration and tax advice.
Send an e-mail:
alessandro@alvesjacob.com