A Waltz, startup that simplifies residential real estate financing in the US for foreign investors, announces its expansion to Brazil and Latin America. The startup raised $50 million in funding, combining equity and debt, including a new $25 million credit line to facilitate property purchases in the US. This capital allows Waltz to increase its lending capacity to up to $1 billion.
Waltz’s expansion into Latin America comes after a successful beta phase launch and high interest from Latin American investors. According to the annual survey by the National Association of REALTORS® (NAR), Latin American buyers represent 29% of international investors in residential real estate in the US (solely in existing property purchases, excluding new developments) – with Brazil ranked among the top three countries in the region.
Despite a global economic uncertainty and high rental and property purchase prices in Brazil, Waltz has seen a growing demand from Brazilians for foreign properties. Data shows that Brazil, Colombia, and Mexico together have a significant share among the top international investors in the American market.
Despite fluctuations in the dollar, the study still points out that the performance of the stock market and the increase in wealth allowed foreign investors to buy real estate in the USA, where housing prices remain more accessible compared to other countries.
“In today’s global and digital world, investors expect customer-centric self-service solutions. That’s why, from day one, we decided to simplify real estate investment in the USA for foreign citizens, replacing frustrations and delays with a complete unique experience,” said Yuval Golan, founder and CEO of Waltz.
Expansion of Waltz in the region
In addition to financial support from Setpoint with a credit line, Waltz is also finalizing agreements to bring new foreign exchange and fast international transfer technologies to countries in Latin America, starting with Brazil.
This move comes amidst the growing global demand for the Waltz platform, which, with an app-like experience, centralizes the financing process and allows foreign investors to establish a Limited Liability Company (LLC) – a business model similar to Limited Liability Companies (LTDA) in Brazil – facilitating the purchase of real estate in the USA, protecting acquired assets, and enabling investment management. The platform also enables the opening of a bank account in the USA, all remotely. Since its launch, Waltz has processed over $300 million in funding requests across four continents.
“The demand from Latin America was immediate, and this is not surprising – the US real estate market is a top investment for foreigners. The region has a particularity that I find fascinating: the dream of investing in properties, which represents a life milestone, especially in the face of economic instability and rising property prices. In this scenario, American stability and the various financing options available make it easier for Brazilians to create wealth through passive income generation and property appreciation,” emphasized Golan.
With a multilingual team fluent in more than ten languages, Waltz has developed resources dedicated to Latin America, offering localized content and support in Spanish and Portuguese through specialized marketing, sales, and customer service teams. These efforts aim to address one of the most complex and often overlooked issues in the US real estate market: facilitating global investors’ access to the market.
