Are there any restrictions on foreigners purchasing and owning property in Brazil?
There are no restrictions on foreign ownership of Brazilian property. Overseas investors are free to buy and own property and land in Brazil; indeed the Brazilian government pro actively promotes foreign investment into the country’s real estate market. Also, foreigners have the same property rights as Brazilians and will obtain a free & clear title to the property. It is no different than owning real estate in Europe or the US. There are restrictions on owing Agricultural Land due to the Federal Government ensuring that Arable Land is put to effective agricultural use.