Guide to: Brazilians Buying Their First Home in South Florida
Buying a home is one of the most exciting—and sometimes overwhelming—steps you can take when moving to the United States, or really anytime for that matter. For Brazilians choosing South Florida, the process comes with unique opportunities and challenges. From sunny beaches to strong Brazilian communities in Miami, Broward, and Palm Beach, South Florida is a top destination for newcomers looking to settle down.
If you’re a Brazilian planning to buy your first home here, this guide will walk you through each step in a clear and practical way. Whether you’re purchasing for family life, investment, or as part of your immigration journey, understanding the process can save you stress, time, and money.
Why Brazilians Choose South Florida
South Florida has long been a favorite for Brazilians. Some of the reasons include:
Cultural community: Miami, Pompano Beach, Boca Raton, and Deerfield Beach all have strong Brazilian neighborhoods, making it easier to adapt.
Warm weather: Similar to Brazil, the tropical climate feels familiar.
Investment potential: Real estate in South Florida is known for appreciation and rental opportunities.
Accessibility: Direct flights from Miami and Fort Lauderdale to major Brazilian cities keep families connected.
Step 1: Define Your Budget and Financing Options
The very first step is financial planning. Ask yourself:
How much can I afford as a down payment?
Do I plan to use financing from a U.S. bank or purchase in cash?
Am I prepared for additional costs such as closing fees, property taxes, and homeowners’ insurance?
Financing for Foreign Nationals
Many Brazilians don’t realize that U.S. banks do lend to foreign buyers. Typically, you’ll need:
A 25–35% down payment.
Proof of income and assets in Brazil (bank statements, tax returns, etc.).
A valid U.S. visa or passport.
If you already have legal permanent residency or a work visa, your financing options may expand, including FHA or conventional loans with lower down payments.
Step 2: Choose the Right Location
South Florida is diverse, and each county offers something different:
Miami-Dade County: Vibrant nightlife, cultural diversity, and a large Brazilian community. Popular for condos and investment properties.
Broward County: Cities like Fort Lauderdale, Pompano Beach, and Deerfield Beach offer family-friendly neighborhoods and good schools.
Palm Beach County: Boca Raton, West Palm Beach, and Wellington attract families with excellent schools and quieter lifestyles.
If schools are a priority, research school ratings before choosing a location.
Step 3: Work With a Realtor Who Speaks Portuguese
Real estate laws and processes in the U.S. can be very different from Brazil. A bilingual realtor experienced with Brazilian clients can:
Help you navigate contracts.
Negotiate offers and closing costs.
Explain HOA (Homeowners’ Association) rules, common in Florida communities.
Connect you with inspectors, lawyers, and mortgage lenders who understand foreign-buyer needs.
See our Guide to Brazilian Realtors in South Florida.
Step 4: Get Pre-Approved for a Mortgage (if financing)
Pre-approval shows sellers that you’re serious and gives you a clear price range. It involves submitting documents to a lender and receiving a letter confirming your borrowing power.
For Brazilians, be prepared to provide:
Brazilian bank and tax records (translated if necessary).
Proof of U.S. income (if employed locally).
Visa or residency status.
Our Resources related to Banking certain potential leads for obtaining financing.
Step 5: Begin Your Home Search
Once pre-approved, the fun begins: looking at properties. In South Florida, options range from luxury condos on Brickell Avenue to family homes in Boca Raton.
Consider:
Condo vs. Single-Family Home: Condos often have HOA fees but include amenities like pools, gyms, and security.
New vs. Resale Homes: New builds may offer incentives but resale homes can be better priced.
Investment Potential: Homes near universities or downtowns often have strong rental demand.
Step 6: Make an Offer and Negotiate
Once you find the right home, your realtor will help submit an offer. The seller can accept, reject, or counteroffer. Negotiations may include:
Price.
Repairs or improvements.
Closing date.
In Florida, once your offer is accepted, you’ll need to put down an earnest money deposit (usually 1–3% of the purchase price) held in escrow.
Step 7: Inspection and Appraisal
Two critical steps follow acceptance:
Inspection – A licensed inspector evaluates the property’s condition. If issues are found (roof, plumbing, electrical), you can renegotiate.
Appraisal – The lender orders an appraisal to confirm the home’s value matches the purchase price.
Step 8: Understand Closing Costs
Closing costs in Florida typically range from 2% to 5% of the purchase price. For Brazilians, this may include:
Title insurance.
Attorney or closing agent fees.
Recording and transfer fees.
Loan origination costs (if financed).
Ask your realtor for a “closing disclosure” before signing so there are no surprises.
Step 9: Closing Day
Closing is the final step where ownership is transferred. On this day, you’ll:
Sign all necessary documents.
Pay the remaining down payment and closing costs (might be paid the day before).
Receive the keys to your new home!
For Brazilians abroad, remote closing options (through power of attorney or digital notarization) are sometimes available.
Step 10: Settle Into Your New Community
Congratulations—you’re a homeowner in South Florida! After closing, you’ll want to:
Connect utilities (electric, water, internet).
Apply for a Homestead Exemption if you plan to live in the home full-time (this reduces property taxes).
Explore Brazilian cultural centers, churches, and businesses nearby to feel at home faster.
Final Tips for Brazilians Buying in South Florida
Work with professionals (realtors, lawyers, accountants) familiar with both U.S. and Brazilian requirements.
Plan for currency exchange rates when transferring money from Brazil.
Consider future immigration goals—owning property may strengthen ties when applying for visas or green cards.
Useful external resources:
