Non-residents may invest in property through direct ownership from abroad, or through resident companies or partnerships.
The acquisition of real property by foreign individuals or companies follows the same procedures imposed on Brazilian citizens. Therefore, the acquisition must be formalised through a contract of purchase and sale, as well as through a public deed.
According to Brazilian law, non-residents may invest in rural properties, but there are several restrictions regarding the size of the area to be acquired.
Rural properties acquired by foreign companies shall be destined for the implementation of agricultural, industrial or settlement projects and these activities must be related to the companies’ purposes.
Source : PWC