Buying Cerrado Land

Buying land in the cerrados is similar to buying land in North America or Western Europe. Clear title is documented and a contract is signed by seller and buyer and legally recorded. On term sales, payment is typically due after harvest, and the first payment is due after the first crop is harvested. Title is held in escrow and transferred to the buyer when the last payment is made.

Foreigners and companies owned by foreign nationals can buy land in Brazil. Brazilian law prohibits foreign ownership of land located 150 kilometers or less from international borders, and land purchases by unincorporated individuals are subject to certain limitations under federal laws. AgBrazil keeps current on the federal laws governing land purchases and foreign land ownership and assists clients in meeting all legal requirements.

By Brazilian law, when cerrado land is opened in Western Bahia, 20 percent of the area must be left in native state for ecological reserve. In cerrado areas bordering the Amazon region, 50 percent of the area must be left in native state.

U.S. dollar and other foreign currency transfers for land purchase in Brazil must be registered at the Central Bank of Brazil. AgBrazil directly assists clients through this process, eliminating the sometimes difficult bureaucratic hassles.  Funds brought into Brazil without Central Bank registration can not be easily repatriated.

Next Page