Property in Brazil - General buying and selling tips for Brazil

[GoldenSeal]

Yeah I've been talking to a younger Brazilian for a few days now and he warned me about how they raise their prices like crazy.

[JMBroad]

First off - you'll need to invest a small amount of money to come over and see it - everyone drives at different speeds in Brazil - so many people have told me "it's twenty minutes to get there" while I've taken closer to 40 personally.

Of course it is different for everyone - I've spent time on farms but never lived on one for any significant amount of time. For me personally living that far away from a large city out here my primary concern would be personal safety.

Not necessarily from crime, although that could be a concern to some greater or lesser extent depending on the specific area you are considering - but primarily health issues. If you need regular medical attention (diabetes, asthma, allergies, etc) by being an hour away from a major city means you are probably about 2 hours away or more from the nearest hospital by ambulance as they have to get to you and then return to the city. Not an everyday concern when on holiday (I spend many weekends about 1.5 hours away from a major city just relaxing - the isolation is one of the beauties of Brazil to me) but to live permanently it's another matter entirely.

[GoldenSeal]

Yeah....I live currently two hours away from a major city. The smaller towns here have hospitals but if anything serious is going on they ship you off the the bigger city. I live on a farm at the moment. As for traveling there that won't happen until I know for sure whether I want to move there or not. My husband and I have agreed that he would go by himself to check it out.

[JMBroad]

Sounds wise - out here the Hospitals are in the main cities only - villages normally have a "health centre" at best and those are normally small, the doctors speak very little english and they are not exactly state of the art.

[debzor]

Originally Posted by JMBroad

First off - you'll need to invest a small amount of money to come over and see it - everyone drives at different speeds in Brazil - so many people have told me "it's twenty minutes to get there" while I've taken closer to 40 personally.

Of course it is different for everyone - I've spent time on farms but never lived on one for any significant amount of time. For me personally living that far away from a large city out here my primary concern would be personal safety.

Not necessarily from crime, although that could be a concern to some greater or lesser extent depending on the specific area you are considering - but primarily health issues. If you need regular medical attention (diabetes, asthma, allergies, etc) by being an hour away from a major city means you are probably about 2 hours away or more from the nearest hospital by ambulance as they have to get to you and then return to the city. Not an everyday concern when on holiday (I spend many weekends about 1.5 hours away from a major city just relaxing - the isolation is one of the beauties of Brazil to me) but to live permanently it's another matter entirely.

I agree with everything you are saying, JMB, but GoldenSeal still needs to address the visa issue.

All very well researching for a property such as she has described, but how will they live here (which is what they want to achieve)?

Certainly a non-commercially viable farm will not qualify for an investor visa.

[GoldenSeal]

Foreign investor or person under a work contract with a company in Brazil for a long-term activity

Note: A foreign investor must show proof of financial means to promote a direct investment in Brazil (for a minimum amount of US $200,000)

I'm investing around 250 000CAD (Cash) which is still more than 200 000US. This was on permanent visa. I don't know the other steps to get there but this one is covered.

[JMBroad]

Originally Posted by GoldenSeal

Foreign investor or person under a work contract with a company in Brazil for a long-term activity

Note: A foreign investor must show proof of financial means to promote a direct investment in Brazil (for a minimum amount of US $200,000)

I'm investing around 250 000CAD (Cash) which is still more than 200 000US. This was on permanent visa. I don't know the other steps to get there but this one is covered.

It has to be proved that you are investing in a business which is producing something of value for the country, either by creating jobs (directly or indirectly) and revenue.

If you buy the property and register it as a commercial farm then you can probably do that but either way not too sure if that would be accepted

[debzor]

Originally Posted by GoldenSeal

Foreign investor or person under a work contract with a company in Brazil for a long-term activity

Note: A foreign investor must show proof of financial means to promote a direct investment in Brazil (for a minimum amount of US $200,000)

I'm investing around 250 000CAD (Cash) which is still more than 200 000US. This was on permanent visa. I don't know the other steps to get there but this one is covered.

Prior to 2004 it was US$200,000 that you needed to invest, then it dropped to US$50,000, but last month this increased to min R$150,000 (Brazilian Reais), and you must show that you will create direct employment for Brazilian citizens. Also the investment cannot be into real estate for personal use, nor bank accounts.

It seems that your advice is a little out of date for the investor visa, and any investment must now be into a real business venture.

[GoldenSeal]

Where can I read the specific requirements on obtaining a permanent visa?

[GoldenSeal]

So, if I bought a farm and sold what I grew as well as had some workers that I paid, would that be efficient enough to obtain a permanent visa?