The purchase process in Morro de Sao Paulo, mainly when the buyer is a foreigner, requires some steps that are complicated and bureaucratic to do with not help of a professional.
From the first moment somebody is interested in a property need a couple of certifications that will say the legal situation of that property.
From there, starts a number of different steps. If the buyer is a foreigner and wants to obtain the residency on the way must first open a Brazilian Company, through which must be purchased the property. In order to buy it the money should be transferred to the account of that company and the payment will be done through a Brazilian bank. However, if the buyer does not need the Brazilian residence the payment could be done between two different banks of two different countries.
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Usually on these cases the transaction is performed more quickly always that followed the requirements of the Central Bank of Brazil. Many times also, this bureaucratic Bank complicates unnecessarily the transaction for details on the contracts and titles.
On the other hand, once the transaction is closed and payments done, either through particular contract or Title some registers at the forum must be made. Because Morro de Sao Paulo is located into an Island "belong" to the Union the right of allow setting up over its lands.
Thus, to make such records on the Union it is mandatory to go, among other Government Offices, to the RPU (Registro do Patrimonio da Unión). This long process at the RPU could take over two years. Mainly for those who intend to build over the new purchase the bureaucracy does not end here, since the construction licenses require intervention of some environmental agencies (CRA SEMARH) before reaching the hands of the Local Council for approval.
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This entire process is lengthy and complicated becoming essential the help of a company used to deal with the local bureaucracy.
Set Up a free meeting with Morro Imoveis team. We will give a basic notion of these processes depending on the legal situation of the property to make you understand how this processes work at the Island and then we will just contact you with any of the companies that will, for sure, solve all the bureaucratic paperwork for you.
Call now ...Phone: 00 55 (75) 3652-1509
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