Getting Mortgages in Brazil

By Carlos Graffigna, Contributing Reporter

RIO DE JANEIRO - The Brazilian banking system is not world-renowned for it's transparent efficiency, and when a foreigner is looking to get a mortgage here, the process can be daunting.

The first question that is usually considered for a mortgage in Brazil is whether to use a foreign bank from home, or a Brazilian bank.

Donald Pearson worked and lived in Rio de Janeiro for many years and he currently owns Kurfiss Sotheby’s International Realty in Philadelphia. Mr. Pearson, explains; “getting financed today . . .

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