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Re: Hi from James
Thanks, billy p. Yes, we are buying about 12 acres, about an hour or so drive from central Rio, up the coast towards Buzios (which is about a 2 hour drive from Marica, the lake region, where we are buying. Also about 15 minute drive to the Atlantic). See you are north of Toronto. Pre-covid, made 2-4 trips/year there for business (Mississauga area).
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Re: Hi from James
Yea.... Mississauga is to the west of TO...we're in what's considered NE...my sister in law has given us the entire breakdown.... health care, cost of living and amenities of owning vs. renting...after going the latter. Even with her 400k+US budget...she felt when the time came to return....re-selling is challenging...for now she's in Coronado beach region called San Carlos...epic views of mountain and ocean...living on a golf course...sounds aweful... huh...now all I need is to get my wife down there to change her mind...lol;)
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Re: Hi from James
Yes, renting in a foreign country as an ex-pat may be better at first. Gives you time to see if it's really for you. Reason we are buying now is the dollar is strong against the real (although a bit weaker then when we first started looking) so I'm looking at it as a currency investment, as well. Plus, aside from her family, I have several friends down there, including a few Americans.
Good luck with getting your wife down there!