That may sound simple,but to sell on it will need to be registered at the notary and to release the escuitura in the other people's name they will still need to proof of purchase payment(money coming into Brasil from your friend) and (proof of money coming into Brasil from the new buyers .If only it was so easy.
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Originally Posted by Coqueiro
Update on my friends situation, by luck a British couple are buying some property here, so he is going to send the money back through their purchase. So it will be off the books, tax free and shouldn't complicate his visa.
To give a bit of background he already had a plot out here and some money (not brought in via the Banco Central) and started to build some shops on it. And then decided to apply for a visa so had to bring the $50,000 via the Banco Central to legalize his situation.
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