Property investing is a fine option for securing your financial future. But why should you consider property investing in Brazil? Well, investing in overseas real estate right now is probably a better idea than investing domestically. Some countries just have great economic prospects and enticingly low property values.
Property investing in Brazil right now is a superb strategy. For starters, Brazil is among the largest five countries in the world. This means lots of space for property and for buying land. Travel to Brazil, and you'll also be struck by the landscape – the miles and miles of stunning coast, the rainforests, and the mountains. That's not to mention the enormous tourist draws of cities like Sao Paulo and Rio de Janeiro.
You might also have to travel to Brazil – no hardship there – if you're unable to receive a CPF from the Receita Federal website. Your Brazilian consulate will be able to tell you. If not, you'll need to take your birth certificate and passport to the Banco de Brasil.
Your tax card can be posted only to a Brazilian address – so set up a post office box in Brazil. Remember an English-speaking broker such as Pantheon Realty, can help you with all of this. We can assist you with translation, understanding the culture and finding the best deals when considering property investing in Brazil.
So, where are the best locations for property investing in Brazil?
Obviously, classic locations like Rio de Janeiro will spring to mind, but the North East, around Ceara, is an area tipped for growth.It has an active commercial property market, a busy tourism market and strong overseas demand for housing. The coastline is also stunning and offers every type of watersports activity.
Property investment abroad is increasingly seen as a shrewd move financially and, right now, with the World Cup and the Olympics secured, property investment in Brazil is one of the best choices you can make.