Websites and Databanks

BNDES – Banco Nacional de Desenvolvimento (National Development Bank): The Brazilian Development Bank (BNDES) is the main financing agent for development in Brazil. Since its foundation, in 1952, the BNDES has played a fundamental role in stimulating the expansion of industry and infrastructure in the country. Over the course of the Bank’s history, its operations have evolved in accordance with the Brazilian socio-economic challenges, and now they include support for exports, technological innovation, sustainable socio-environmental development and the modernization of public administration. The Bank offers several financial support mechanisms to Brazilian companies of all sizes as well as public administration entities, enabling investments in all economic sectors. In any supported undertaking, from the analysis phase up to the monitoring, the BNDES emphasizes three factors it considers strategic: innovation, local development and socio-environmental development.

CNC – Confederação Nacional do Comércio de Bens, Serviços e Turismo (The National Confederation of Commerce, Services and Tourism): It is a trade union organization reuniting several federal and regional union councils, providing ample information about the labour market and regularly publishing ample information about economic growth, the labour market as well as educational and cultural developments in Brazil.

CRECI – Conselho Nacional de Corretores de Imóveis (National Realtor´s Council): The CRECI is the umbrella organization of Brazilian realtors, representing their interests and at the same time providing a regulatory quase-legislative framework which is binding for the realtor´s profession. Each state has its legal representation, as for example the CRECISP.

FGV – Fundação Getulio Vargas: The FGV is a Brazilian higher education institution founded on December 20, 1944. FGV produces a large amount of academic research. The subjects cover macro and micro-economics, finance, business, decision-making, law, health, welfare, poverty and unemployment, pollution, and sustainable development. The foundation also maintains research programs in the fields of History, Social Sciences, Education, Justice, Citizenship, and Politics. FGV also executes projects at the request of the public sector, private enterprise and international agencies such as the World Bank and the Inter-American Development Bank (IDB). One of the main economic variables published by the FGV is the IPCA (Índice Nacional de Preços ao Consumidor – Amplo), the National Consumer Price Index – one of the two Inflation Indicators in Brazil. The updated inflation values (IPCA) can be verified here:

IBGE – Instituto Brasileiro de Geografia e Estatística: The Brazilian Institute of Geography and Statistics or IBGE is the agency responsible for official collection of statistical, geographic, cartographic, geodetic and environmental information in Brazil. IBGE performs a decennial national census; questionnaires account for information such as age, household income, literacy, education, occupation and hygiene levels. It is the largest statistical instutition in Brazil.

INCRA – Instituto Nacional de Colonização e Reforma Agrária (National Institute for Colonization and Agrarian Reform): The INCRA, with seat in Brasilia (Federal District), is a Brazilian autonomous regulatory agency, responsible for land reforms and agrarian administration. Its objective is to implement models compatible with the potentialities and biomes of each region of the country and to foster the spatial integration of projects. Another important task is the implementation of the existing environmental guidelines, the recovery of the infrastructure and the sustainable development of the more than eight thousand settlements in the country.

IPEA – Institutio de Pesquisa Econômica Aplicada (Institute for Applied Economic Research):  The IPEA is a Brazilian government-led research organization dedicated to generation of macroeconomical, sectorial and thematic studies in order to base government planning and policy making. It was founded in 1964 and provides ample information about Brazil´s macroeconomic state. Connected to the IPEA is the IPEADatabank with access to  macroeconomic, regional and social data. It is the largest databank in Brazil.




The glossary section (currently in progress) will contain the definition of frequently used terms and specifically acronyms in relation to real estate and agriculture. Also, in case of doubt we encourage our clients to contact us directly. 

Rural Properties Only

CCIR – Certificado de Cadastro de Imóvel Rural (Inscription Certificate of the Rural Property). The Rural Property Registration Certificate (CCIR) is the document issued by Incra (National Institute for Colonization and Agrarian Reform) that proves the regularity of the registration of the rural property. The certificate contains information about the holder, the area, the location, the exploitation and the land classification of the rural property. The data are declaratory and exclusively cadastral, not legitimizing the right to dominion or possession. The CCIR is indispensable to legalize the transfer, lease, mortgage, dismemberment, remembrance and sharing of any rural property. It is also essential for granting agricultural credit as it is required by banks and financial agents. Further information please see here:

ITR – Imposto sobre a Propriedade Territorial Rural (Rural Territorial Tax). The application of the Rural Territorial Tax occurs when there is a useful domain or ownership of the property, located outside the urban perimeter of the municipality. Taxpayers can be the owner of the property (both individuals and legal entities), the holder of its useful domain or its owner in any capacity. The rate varies with the area of the property and its degree of use. The bigger the property, the higher the tax to be paid. Productive properties, operated with agricultural or livestock activities, pay less tax. In the calculation of the tax amount, areas of environmental protection are excluded. For further information, please see here:

CAR – Cadastro Ambiental Rural is a digital registry, de rigueur to all rural properties, which aims to integrate all environment data associated to Permanent Preservation Areas, Legal Reserve Areas, Forests, Restricted Uses Areas and Consolidated Areas in the Rural Properties. Visit official link here

Applied to All

Escritura Publica – Public Deed is any type of document prepared by a Notary Public whose purpose is to legally formalize the parties’ will. This is the main task of the Notary, whose instrument is considered authentic and true for all purposes. It is to be differentiated from the so-called “Posse“.

ITBI – Imposto de Transmissão de Bens Imóveis (Real Estate Transference Tax). The Real Estate Transfer Tax is a municipal tax that must be paid when a real estate transfer occurs. Thus, the purchase and sale process will only be made official after it has been settled, and, without confirmation of payment of the tax, the property cannot be transferred and the documentation is not released. Provided for in the Federal Constitution, this tax is charged only when the transfer of possession of a property involving living persons occurs. When there is succession through death or donation, the ITCMD (Transmission Tax “Cause Mortis” and Donation) is instead charged. The ITBI, depending on the municipality, ranges between 2 and 3 % of the sales value (valor venal).

Matricula – The Matricula (Deed)  is the document that legally identifies the real estate. Just as individuals have a birth certificate issued by the Civil Registry Office, the Property Registration Certificate is what legally identifies the existence of the property before society. It is thus closely tied to the Escritura Publica and the RGI.

RGI – Registro Geral de Imoveis (General Property Register). RGI is the acronym of Registro Geral de Imóveis, a document that presents all information about a certain property, such as conditions or encumbrances, if there is outstanding debt or any other type of impediment or irregularity that may exist. For a property to be sold or purchased, it must have its RGI, depicting the entire situation of the property (house, apartment, office, land and etc.). In almost all the main Brazilian cities and municipalities, there is a General Property Registry Office, where all properties in that region are registered, that have been sold, that are for sale, or that are undergoing seizure. Official Site:

Reference Link: