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Can foreigners (non-Brazilian citizens) own property in Brazil?

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Can foreigners (non-Brazilian citizens) own property in Brazil?

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Yes, foreigners are permitted to own property outright in Brazil. 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. Brazil is quickly becoming the world-leader in attracting foreign investment and immigration. There are literally millions of foreign nationals in Brazil who own property and businesses. There is no risk since property ownership is guaranteed by the Constitution for Brazilians and foreigners.

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