As an overseas investor, how do I send money to Brazil to buy real estate?
When you have decided to buy a property, and assuming you are sending money from overseas, funds are sent directly from your own bank account to the seller’s bank account in Brazil, via the Central Bank of Brazil (Banco Central do Brasil). The bank records your funds entering into the country and in order to release the funds, the seller must present the sale and purchase contract to the bank. We strongly recommend you use only this official route, or you may have problems transferring funds out of Brazil when you sell your property in the future. There are generally no limitations in returning funds from Brazil provided they were originally registered with the ‘Banco Central do Brasil’ at the time of your investment. If you are planning on building property for re-sale in Brazil then it is best for you to set up a company to perform the activities you intend to undertake in this country – please contact us for more information if you need help and advise in setting up your company and
