What do I need to BUY PROPERTY IN BRAZIL while living abroad?
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This episode was a workshop open to investors participating in our Lucrando com Imóveis WhatsApp community. The objective was to answer questions about how to buy property in Brazil as a Brazilian citizen residing abroad.
To answer the questions and clarify the subject, the host, Ronal Balena, a real estate and investment specialist, and Paulo Prado, MySide credit director with extensive experience advising non-resident Brazilians buying properties in Brazil, participated. In addition, participants from our community contributed their questions and kept the discussion going.
Do you have questions about investing in real estate in Brazil? Leave them in the comments and we'll help you 😉
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Topics:
Part 1: Understanding the process of buying real estate in Brazil while living abroad
00:00 Start
05:17 Intro
06:36 Regularization of personal documentation
09:58 Taxes and exchange rates for buying real estate in Brazil
18:52 Real estate financing for Brazilians abroad
26:12 Income tax on real estate assets (for those who declared tax departure or not)
Part 2: Answering investor questions
31:35: E-notary and digital certification, how does it work?
35:58 Professionals involved in the buying process in Brazil
44:57 How does the transfer of large sums of money work?
56:04 How to make a tax exit from Brazil? Advantages and bureaucracy
58:49 How to send money abroad from the sale of real estate?
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Credits:
Presenter: Ronal Balena
Script and production: Nicole Santos
Technical: Nicole Santos
Editing and thumbnail: Gianluca Fregulia