ITBI (Imposto de Transmissão de Bens Imóveis) in Brazil is a flat rate of 3.0% of the purchase price. Municipal transfer tax paid by the buyer before the deed can be registered. Rates vary by municipality from 2% to 4%. Select your city for the accurate rate.

When purchasing property in Brazil, typical closing costs include: Public Deed (Escritura Pública), Property Registration (Registro de Imóveis), Legal Fees (Advogado), Property Valuation (Avaliação). These are paid by the buyer at or before completion, in addition to the purchase price and ITBI (Imposto de Transmissão de Bens Imóveis).

Ongoing costs for property owners in Brazil typically include: IPTU (Annual Property Tax), Property Insurance (Seguro Residencial), Maintenance & Repairs. These are annual costs that should be factored into your rental yield and cash flow calculations.

Capital Gains Tax (Imposto de Renda sobre Ganho de Capital) applies when you sell a property for more than you paid. Capital gains from property sales are taxed at progressive rates from 15% to 22.5%. If this was your only residential property and the sale price is under R$440,000, the gain is fully exempt (once-in-a-lifetime). Alternatively, reinvesting all proceeds in another residential property within 180 days provides full exemption (once per 5 years). Non-residents pay a flat 15%. Your primary residence is exempt from capital gains tax.