How to transfer money from abroad to Brazil and buy property? Check out the step by step!

Published April 2, 2025 | By RoccoImob

The purchase of real estate in Brazil by those who reside abroad is a viable practice, but it requires careful planning. The transfer of funds to the country, especially when it involves large amounts, demands attention to avoid high fees and additional costs. The purchase of real estate in Brazil by those who reside abroad is a viable practice, but it requires careful planning. For this, it is essential to know how to transfer money from abroad to Brazil safely and economically. In this article, you will learn how to carry out this process efficiently and cost-effectively.

What are the best ways to transfer money to Brazil?

The choice of the best way to transfer money to Brazil depends on factors such as the value of the transaction and the urgency. There are several options available for those looking for safe shipping with good exchange rates:

1. Traditional Banks

Although it is a safe option, transferring through traditional banks usually has disadvantages, such as high fees and high exchange spread. This spread can result in a less favorable exchange rate, directly impacting the final value of the transaction.

What is the exchange rate spread?

• It is the difference between the buying fee and the selling fee of the currency, which can increase the cost of the transfer.
• Hint: Compare the rates of traditional banks with those of other platforms to ensure the best value for money.

Digital Platforms and Fintechs

Sending money to Brazil was once synonymous with bureaucracy, abusive fees and unfavorable conversions. The slow process of traditional banks made any transaction a real mission. But the game changed. Today, fintechs such as Wise and Remessa Online have transformed this scenario, bringing efficiency and savings to those who need to transfer amounts from abroad. With fewer fees, a more competitive exchange rate, and a 100% digital process, these platforms allow money to arrive in Brazil faster and at a lower cost.

• Fast transfers with less bureaucracy.
• More competitive exchange rate, with lower spread.

Wise: Fast and Cost-Effective International Transfers

Wise offers transfers to Brazil with real exchange rates, fewer fees and no bureaucracy. Unlike banks, which apply hidden fees, it ensures transparency and agility.

Advantages:

• Fewer fees – Reduced fees and no hidden costs.
• Fair exchange rate – Conversion without abusive spreads.
• Fast and digital – Transfers completed in minutes through the app.
• Insurance – Regulated by global financial bodies.

How to send money:

1. Create an account.
2. Choose the amount and currency.
3. Enter the recipient’s bank details.
4. Pay for the transfer
5. Follow everything in real time.

For those looking for efficiency and savings, the platform is the best option.

One of these major fintechs in Europe is transforming the way Brazilians send money to the country, with reduced fees and faster processes.

3. Foreign Exchange Brokers

For transfers of higher amounts, foreign exchange brokers offer advantages such as:

• Transactions regulated by the Central Bank, ensuring security.
• Personalized advice to protect your money against currency fluctuations.

Hint: To ensure the security of the transaction, always check if the broker is authorized by the Central Bank of Brazil. Foreign exchange operations may be freely contracted by the parties, provided that the regulations in force are respected.

How to avoid abusive fees on international transfers

When transferring money to Brazil, it is important to be aware of the fees involved. Here are some strategies to reduce costs and ensure that your transfer is advantageous.

• Follow the forex market: The exchange rate can vary frequently, so following the market can make a difference in the final amount transferred.
• Use platforms that allow you to lock the quote: Some brokers offer the possibility of locking the exchange rate at the time of the transfer, ensuring that you pay the same fee throughout the process.
• Avoid unnecessary conversions: Performing currency conversions can incur extra costs. Prefer to transfer directly in the desired currency to reduce costs.

In addition, it is interesting to follow innovations in the financial sector that can impact the way international transfers are made. An example of this is the new frontier of financial inclusion driven by the growing use of fintechs and digital platforms that make financial services more accessible and efficient for an ever-growing audience.

What you need to know to buy property in Brazil from abroad

Buying a property in Brazil remotely requires knowledge about the country’s process and regulations. To ensure that the transaction goes smoothly and legally, pay attention to the necessary steps:

• Register the Transfer with the Central Bank: Any transaction of large value needs to be registered in the Central Bank Information System (SISBACEN).
• Prove the source of the funds: Be prepared to provide documents that prove the origin of the money, such as bank statements and tax returns. Learn how to generate a detailed report of foreign exchange operations
• Avoid informal methods: To ensure that your operation is legal and safe, always opt for regulated platforms and banks.

Explore the main opportunities and the future of the real estate market in Brazil!

Living with more freedom and well-being

Investing in Brazil goes beyond financial security — it’s also an opportunity to enjoy a lighter lifestyle, surrounded by beautiful scenery and an inviting climate. Cities like Bombinhas, in Santa Catarina, have stood out as ideal destinations for those looking for tranquility, contact with nature and a promising real estate market.

How to turn your property purchase in Brazil into a strategic investment

Buying a property in Brazil can be more than a dream — it can be a profitable investment. To ensure appreciation and financial return, follow these strategies:

• Choose regions in appreciation – Tourist cities such as Bombinhas, Florianópolis and Balneário Camboriú have high demand and growth potential. Research infrastructure and future projects in the region.
• Aposte no aluguel por temporada – Imóveis próximos a praias e atrações turísticas podem gerar alta rentabilidade em plataformas como Airbnb. Analise taxa de ocupação e custos de manutenção.
• Plan the purchase at the right time – The exchange rate directly impacts the cost of the property. Keep track of variations and use services that allow you to lock in the quote to save on transfers.
• Negotiate and evaluate properties in the plan – Units in launch or pre-sale may have more affordable prices. Such as Porto Ribeiro Village in Bombinhas, which has attracted international investors due to its high standard and potential for appreciation.

Is it worth buying a property in Brazil with money from abroad?

The Brazilian real estate market offers good opportunities for appreciation, especially in tourist and high-demand regions. However, it is essential to understand all the stages of the purchase and the legal requirements involved. With proper planning and choosing the best transfer options, investing in real estate in Brazil can be an excellent decision for those looking for profitability and security in the real estate market.

Find the perfect property with RoccoImob. Whether to live or invest, count on the experience of those who understand the real estate market!

Summary of the best tips:

• Avoid high fees by comparing transfer platforms. Fintechs such as Wise and Remessa Online are revolutionizing the market
• Follow the exchange rate and learn that digital payments continue to reshape the national financial system
• Use regulated services and always record your transfer. Understanding the challenges and opportunities of the regulated crypto asset management market is essential.