Property & Email Marketing: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Home > Brazil > Property : Brazil Property Tax
SubscribeRegister for Email Updates
   
 
 
Find Property in
  e.g. Manchester or Marbella or Spanish Property

Popular regions in Brazil

Let Us Search For You

Fill in a short form telling us what you are looking for and we can do all the hard work for you.

Trade and Learn Forex

Property Tax In Brazil

Due to the in-depth nature of the system, it is important that you consult an expert tax advisor when considering purchasing property in Brazil. Here you can obtain a brief guideline to the Brazil property tax system.


Tax on Rental Income

Tax is charged on worldwide income for residents of Brazil at 15%, although some foreign tax relief and credits can be allowed under specific tax treaties.

Mortgage interest is not deducted when calculating taxable rental income.

Capital Gains Tax

The following are exempt from capital gains tax:

  • Gains from the sale of an individual property, provided a similar sale has not taken place in the previous five years and the total value of the sale does not exceed a specified amount (R$ 440,000 in 2004).
  • Amounts received from the sale of assets with a sales price of less than R$ 20,000 per month.
  • Gains from the sale of securities on the Brazilian public stock exchange, with a sales price of less than R$ 4,143.50 per month.
  • Assets sold during a period of Brazilian residency, acquired during a non-resident period.

Non-residents are normally subject to a flat rate of 15% on gains from property in Brazil.

Note: Various tax treaties could affect the tax rates described above.

VAT

The circulation of merchandise is subject to tax, as are transportation and communication services (ICMS). This is similar to value added taxes in other countries and is set at a rate of 18%, with more specific rates for some goods (for example, 25% on luxury goods).

Inheritance/Wealth Tax

Brazil has no inheritance or wealth taxes. However, some states may impose a death transfer and a donation/gift tax. For example, the state of Sao Paulo adopted an inheritance and gift tax from 1 January 2001.

Stamp Duty

Privately owned offices called Cartórios provide notary services as well as registers of real estate deeds. These cartórios charge from a few cents for simple certified copies to thousands of Realis (R$) for property deeds.

Included in the fees charged for real estate transfers are transfer taxes which vary from 4-5% of the declared value. Cartórios are also responsible for the registration of births, marriages and deaths.

Municipal/Local Tax

Some municipalities may charge a service tax on certain businesses or real estate transfer tax (2% on transfers of real estate). An annual urban real estate tax for property owners is also applicable at approximately 0.6% of the assessed value of the property, but this will vary according to the municipality concerned.



Let us search for you Let Us find Property in Brazil for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Brazil.
Find Property in Other Countries Brazil Home Property in Brazil
Brazil Property Tax
Mortgages in Brazil Brazil FAQs Brazil Property Enquiry Brazil Property Buyers Guide Buying Property in Brazil Brazil Real Estate Brazil Property Sales Buying Real Estate in Brazil Property for Sale in Brazil Brazil Real Estate Articles Removals Services in Brazil Investment Property in Brazil Development Showcase in Brazil Guide to Property in Brazil Rent Your Property in Brazil
As Featured In

The Sunday Times
ITV
Channel 4
Living Abroad
A Place in the Sun
Realestate TV
The Independent
the guardian
International Herald Tribune
The Wall Street Journal
International Homes
Daily Mail
OPP Overseas Property Professional
The Sunday Express
The Daily Telegraph
Independent.ie
scmp.com
homes overseas
H!Society Magazine

Best Property Portal
Profit Gold

Property in Brazil




Real Estate Agents

Sell your properties in Brazil

Property Developers

Sell your developments in Brazil

Find Property for YouLet Us Find Property For You

Fill out a requirements form and our experts will help you find a great selection of properties for sale in Brazil.

Help me find property in BrazilGo

Foreign Exchange by UFXForeign Exchange

 Considering a property purchase in Brazil or need to transfer currency to/from Brazil?

Save Thousands in Currency Transfers Go

Brazil flagGet a Mortgage Quote

When considering a buying property in Brazil, you are well advised to get expert mortgage advice from a mortgage broker.

Get a mortgage quote in BrazilGo

Holiday Rentals in BrazilHoliday Rentals

Owners Direct is one of the UK's leading direct from owner rental websites and the first choice for holiday home owners who want a cost effective and easy way to fully book their properties.

Find out more Go

Insurance QuoteGet Insurance in Brazil

If you own or are about to purchase property in Brazil, you get an insurance quote using our online insurance quote form.

Get Insurance in BrazilGo

WillsLooking for a Will?

 Do you have your British assets covered by a will?
Do you have your movable foreign assets covered by a will?
Have you made plans to protect your family in the event of your death?

Get more information on Wills Go

PensionsGot a UK Pension?

Everything you need to know about transferring your UK Pension is in our downloadable guide.

Get more information on Pensions Go