STEP 1: Define the Purpose of the Purchase

First, define your purchase goal:

• Investment
• Second Home
• Residence

Your goal will directly influence the choice of the region and the type of property.

STEP 2: Choose a Realtor

In Florida, you only need to choose one realtor. All realtors have access to the same property system. Make sure to select an experienced, credible realtor who understands your needs.

STEP 3: Where to Buy Property in the USA?

We recommend two major economic centers:

• Miami and surrounding areas: Ideal for those seeking glamour and beaches.
• Orlando and surrounding areas: Perfect for those who love theme parks.

Both regions offer various property options for all purposes. Neighboring cities, such as Boca Raton and Fort Lauderdale (in Miami) or Ocala and Citrus Springs (in Orlando), are also excellent choices.

STEP 4: Pre-qualification for Financing

If you choose financing, take advantage of the low-interest rates from American banks, with terms of up to 30 years. The process is less bureaucratic than in Brazil, taking 45 to 60 days. Required documents include:

• Completed bank form
• Buyer’s resume
• Reference letters
• Accountant’s letter proving income
• Bank statements for the last 3 months

Banks typically require 35% to 40% of the property’s value as a down payment. Interest rates for Brazilians range from 3.75% to 4.5% per year.

STEP 5: Scheduling Visits and Choosing the Property

Once you choose the region, select properties and schedule visits (in-person or virtual) with your realtor. The decision can be personal: buying ready-made properties or building a new home from scratch with BBG Developments.

STEP 6: Buy as an Individual or a Company

You can purchase the property in your name (individual) or through a company (corporate). Opening a company in Florida is quick, inexpensive, and offers tax benefits, such as the absence of inheritance tax.

STEP 7: Opening a Bank Account in the USA

Having a bank account in Florida makes transferring funds and receiving rent easier. The process is simple and can be done remotely, with a valid passport and visa.

STEP 8: Document Submission

For cash purchases, only a valid passport is required. For financing, additional documents will be needed during the pre-qualification stage.

STEP 9: Payment and Fund Transfer

Transferring funds is a standard international transaction. Funds are transferred from your Brazilian account to your US account, and then to an escrow account until the documentation is approved.

STEP 10: Post-Purchase

Congratulations! You bought your property in the USA. Now, it’s time to move in and enjoy your new home in Florida.

At BBG Developments, we build homes in various regions across Florida, providing you with numerous options to find the perfect location. Explore our areas of expertise and secure your new home with us today. Your dream home in Florida awaits!