How do I pay for the transfer of funds when buying a Brazilian property?
We highly recommended that you use the official route of transferring money into Brazil. This is in order to ensure that you do not have problems when you transfer funds out of the country when selling your Brazilian property. The official route involves sending your money directly from your bank account to the vendor’s Brazilian bank account via the Central Bank of Brazil. This way the bank has a record of your funds entering the country and the vendor must present the bank with the purchase contract in order to release the funds. Presuming your funds are registered entering into Brazil with the Central Bank in this way, there are usually no limitations in transferring your funds out of the country.
