Brazil
Should I buy or rent a home in Brazil?
If you have not spent a lot of time in Brazil, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"We bought a home. We saw our property on the internet and the agent met us at the hotel the day after we landed. We looked at 5 or 6 as I recall. We found one we liked, obtained our tax card (CPF) and spoke to a lawyer who handled both the house purchase and our immigration. With the vendors, and agents we went to a cartorio and signed an official contract," said a member in Taiba, Brazil.
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"The decision to buy or rent a home in Brazil depends on a number of factors, including your budget, your job situation, and your goals for the future. It's important to look at your situation closely and consider all the pros and cons before making a decision. Renting may be a better option for those who aren't sure how long they'll stay in Brazil, need more flexibility, or don't have the resources to take on a large financial commitment. Buying a property may be beneficial in the long-run and can be a good investment if you plan to stay in Brazil for a long time. It's also possible to buy a home and live in it while renting out part of the home to cover costs. Ultimately, the decision to buy or rent a home in Brazil is a personal one, so it's best to evaluate your individual situation before making a decision," remarked another expat who made the move to Brazil.
Other Questions:
- What do I need to know before moving to Brazil?
- How do I find a place to live in Brazil?
- What is a typical expat home or apartment like in Brazil?
- What is the average cost of housing in Brazil?
- Should I buy or rent a home in Brazil?
- What should I pack when moving to Brazil?
- What cultural faux pas should I try to avoid making in Brazil?
- Why do people move to Brazil?
- What are healthcare services like in Brazil?
- What are medical services in Brazil like?
- What are typical rents in Brazil?
- What appliances are typically included in a rental?
Should I buy or rent a home in Brazil?
If you live in Brazil, newcomers to Brazil would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
