Hi, I would like to know the cost of land per acre in a good place in Rio de Janeiro. How much would 100 acres cost (good for both farming and building) with little to no government restrictions?
Also can your personal property be included in getting an investment visa for PR.
Thanks
price depends on many factors. Availability of water, proximity to major road, type of terrain etc…I would check before buying big chunks of rural land. I remember reading about restrictions to foreigners. Good luck
Hi, I would like to know the cost of land per acre in a good place in Rio de Janeiro. How much would 100 acres cost (good for both farming and building) with little to no government restrictions?
Also can your personal property be included in getting an investment visa for PR.
Thanks
-@genizzy26
One hundred acres are forty hectares. We do not use Acres here.
Even grazing, or farming land in Rio is expensive. Most of the folks who own farming land in Rio, will do at the Mountain Region, and they are mostly graingers.
Besides, you can't buy, as a foreigner, large tracks of land for farming in Brazil. For that, you need to use a proxy. There is a cap of how much you can acquire as an expat. ( Lei n o 5.709, de 7 de outubro de 1971)
http://www.planalto.gov.br/ccivil_03/leis/l5709.htm
If you need large tracks of land, your destination is far from Rio. We are talking Ceara, Bahia, Mato Gross ( North and South ), Goias, Para, Maranhao, Piaui, and Sao Paulo's Hinterlands.
And the legal framework and the level plain field in Rio is horrible. It's a minefield in dealing with locals.
Taken from a Real Estate Broker who knows a thing or two about land acquisition.
One more thing....
Productive farmland in Rio is mostly past the mountain Range. We are talking Vassouras, Teresopolis, Miguel Pereira. It's mostly your Farm to Fork folks growing vegetables, berries, some fruits, eggs, poultry. Graingers.
If it is that what you want, you will need to scour the region. Prices outside the region don't spill out to Land Listings ,, aside the fact not many landowners sell , unless they have plans to exit the field.
So it is a tongue in cheek kind of search. it's a region worth visiting on your own.
@sprealestatebroker wow thanks a lot. I am glad you mentioned Bahia I would like to know as much details as possible on Bahia. We plan to come on investment visa sometime this year, buy land, build, farm and live on it. Mostly personal and private living and farming, Rio de Janeiro and Bahia are both on our lists but I don't really know much about Bahia to make an informed decision before visiting and then purchasing. Thanks for your response, I really do appreciate.
@kawakasbah Thank you
@sprealestatebroker wow thanks a lot. I am glad you mentioned Bahia I would like to know as much details as possible on Bahia. We plan to come on investment visa sometime this year, buy land, build, farm and live on it. Mostly personal and private living and farming, Rio de Janeiro and Bahia are both on our lists but I don't really know much about Bahia to make an informed decision before visiting and then purchasing. Thanks for your response, I really do appreciate.
-@genizzy26
There is an American out there selling Brazilian Farm land. He put up a website.
Do the Google search.
I would love to do it, but, to my admission, this is out of my alley. Besides, I am in Sao Paulo MSA. No point to go on a wild goose search out to the boondocks , just to net commissions.
And as far as where to buy to become a grower, here's your think tank....
You will get all the inteligence in the Agro, whether you are a granger, or crop based grower.
It's a Goverment Sponsored entity.
And lastly.
Every land search that you make, before any tender offer is being made, it is a must to do some due diligence.
Americans are fair game to be exploited by unscrupulous and often unlicensed Real Estate Brokers, mostly hucksters. there is a case being reported even in this forum,, not long ago.
You will need to check against Incra Databases, and part of the Discovery process demands you get the certificate issued by this entity.
Incra = Instituto Nacional de Colonização e Reforma Agrária
That applies to any Rural search and buy.
https://en.wikipedia.org/wiki/Instituto … r%C3%A1ria
And get an attorney for this. My recommendation is that you seek a specialist. Use the Martindale Database, unless you have a good referral
Martindale is global, and popular in the US.
As far as acquiring visa through investing in real estate or land , it not a viable route. That is unless you open a company in Brazil going through the whole process of registering the company, wiring the funds to the company and then using those funds to purchase the land. Of course, you will need a Brazilian partner. Unless you have the stomach for this , I would advise against it.
@kawakasbah thank you.
@sprealestatebroker Really helpful, thanks a bunch.
You can buy farmland up to a certain level of acreage,without partners. Even as a foreigner. Title and Deed.
Which would qualify you, as a Grainger, not a farmer.
If you are not herding large quantities of beef cattle, or growing cash crops, just raising your farm to fork staple items ( poultry, pigs, vegetables, an orchard, goats ), all of which are grainger's harvested items, you do not need a partner.
Now, what you need to be aware of is that such land plot needs to be not just free of inemcumberances, it also needs to be clear with the land bureau ( INCRA ), so that you don't deal with future adverse claims.
This whole "Partner " thing is a bunch of malarkey, and you need to stay clear from these types of advice. There are often ulterior motives attached to these "expert tidbits ".
And obviously, you can free and clear land, yet you also still need roads, power lines, water rights in the subject property, and above all, decent topsoil.
The only caveat against such land buys is that if you do not materially participate in your farming endeavor, as a homesteader, you are fair game for illegal land grabbing ( Grilagem ), so being an absentee landlord does not work well for expats. You will end up with living in caretakers, at best.
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