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(Updated March 2016)

In 2010, Brazil’s economy was bustling, the middle-class was growing, and the 2016 Rio Olympics looming. Today’s outlook – hampered by lackluster GDP growth, investor and political distractions – is quite a bit less exuberant. Find out why in this updated guide to doing business in Brazil. (D. Winchester, Information Specialist)

E - EBSCO articles available for NAR members only. Password can be found on the EBSCO Access Information page.

Economic Climate

Brazil Real Estate, (

Brazil's economy takes the good with the bad, (CNBC, Nov. 22, 2015).

Brazil’s economy will likely get worse before it gets better, (MarketWatch, Sept. 10, 2015).

Brazil: Country fact sheet, (EIU ViewsWire, July 29, 2015). E

Slowing economy stalls Brazil’s real estate growth, (CCTV America, Jan. 20. 2015).

Five economies that work: global success stories, (The Futurist, Mar./Apr. 2013). E

Beyond inflation - Brazilian style, (Euromoney, Jan. 2013). E

Real Estate Issues & Trends

Humble homes withstand 'perfect storm' in Brazil real estate, (Reuters, Aug 10, 2015).

Buyer’s market in Brazil – just in time for the Olympics, (Globe and Mail, May 12, 2015).

Brazil Housing Bubble Deflates, But Still Quite Large, (Forbes, Jan. 8, 2015).

Brazilian housing market remains strong, (Global Property Guide, Feb. 24, 2014).

Private banking survey 2013: Brazil's wealthy say goodbye to risk-free investment, (Euromoney, Feb. 2013). E

Housing and Community Development in Brazil: Samba, Subways and Social Equity, (Journal of Housing and Community Development, Sept./Oct. 2012). E

Brazil house price hikes continue, despite bubble fears, (Global Property Guide, Sept.18, 2012).

South American investment: What China SOEs need to know, (International Financial Law Review, July/Aug. 2012). E

Emerging trends in China and Brazil, (Journal of Property Management, Jan./Feb. 2012). E

Second Home Market

Why Now is the Time to Invest in Brazilian Real Estate, (The Chicago 77, Sep. 17 2015).

Related sees Brazil as land of real estate opportunity, (The Miami Herald, July 29, 2012).

Brazilian home buyers spark a Miami comeback, (PRI’s The World, Feb. 22, 2012).

Real Estate Organizations & Contacts

Certified International Property Specialist (CIPS): Why get the CIPS designation? — For more global news, educational opportunities, resources and tools visit National Association of REALTORS® Global home page.

Search for an International REALTOR® Member — Use 'Country' drop-down feature to limit results to IRMs in BRAZIL.

Cooperating Associations for Brazil: Global Alliances  From

COFECI/CRECI — Federal Council of Real Estate Agents

eBooks & Other Resources

The following eBooks and digital audiobooks are available to NAR members:

Brazil: quick guide to customs & etiquette  (Kindle, EPUB format)

Brazil is the new America: how Brazil offers upward mobility in a collapsing world  (Kindle, EPUB, PDF format)

Business Across Cultures (Kindle, Adobe eReader)

Business Without Borders: A Strategic Guide to Global Marketing (Adobe eReader)

Communicating Globally (Adobe eReader)

Culture and Customs of Brazil  (Kindle, PDF format)

Emerging market real estate investment : investing in China, India, and Brazil  (Kindle, EPUB, PDF format)

Eye witness travel guides: Brazil, (PDF format)

Global Color: Clues and Taboos (Adobe eReader)

Global Etiquette Guide to Mexico and Latin America (Kindle, Adobe eReader)

How to Say It® Doing Business in Latin America (Kindle, Adobe eReader)

Investing in BRIC countries [electronic resource] : evaluating risk and governance in Brazil, Russia, India, & China, (PDF, EPUB format)

Multicultural Manners (Kindle, Adobe eReader)

No Going Back—Buying Abroad (Adobe eReader)

Say it Right in Brazilian Portuguese (Adobe eReader)

TravelTalk® Brazilian Portuguese (Overdrive Audiobook)

Books, Videos, Research Reports & More

The resources below are available for loan through Information Services. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Services at 800-874-6500 for assistance.

2014 NAR Investment and Vacation Home Buyers (Item #E186-55-14), (Chicago, IL: National Association of REALTORS®, 2014).

Profile of international home buying Activity, (Chicago, IL: National Association of REALTORS®, 2012).

Emerging market real estate investment : investing in China, India, and Brazil, (Hoboken, NJ: Wiley, 2010). HD926 .L96 2010

Investing in real estate in Brazil: major legal issues, (FIABCI/BRASIL, 2006). HF 1513 M25

Real estate education throughout the world: Past, present and future, (Kluwer Academic Publishers, 2002). HD 1381 Am3r

Brazilian real estate, (1999). HF 1513 H58

Field Guides & More

These field guides and other resources in the Virtual Library may also be of interest:

Field Guide to International Referrals

Field Guide to REALTORS® and the Global Marketplace

Field Guide to Vacation, Resort, and Second Homes

Information Services Blog

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The inclusion of links on this field guide does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this field guide complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.