[RalphJ]

to be safe, ones cash that is being spent to purchase in brazil must be sent to brazil directly from their bank account. Whether that is directly to the builder, agent(in brazil), or to your brazilian based company (then you purchase/invest via your brazilian company), that's up to you.

The problem that comes into play is when foreign investors pay people or entities that are NOT located in brazil. Even if those people or entities send your monies to brazil they didn't send it from YOUR bank account...so Banco Central has no record of that particular foreign investor sending any monies to brazil. Instead, they have records of an agent, or whomever you paid, sending monies to brazil.

That's a big problem for the investor.