A Waltz, startup that simplifies residential real estate financing in the USA for foreign investors, announces its expansion to Brazil and Latin America. A startup raised US$ 50 million in funds, combining equity and debt, including a new US$ 25 million credit line to facilitate property purchases in the US. This capital allows Waltz to increase its lending capacity by up to US$ 1 billion.
The expansion of Waltz into Latin America occurs after a successful beta launch and due to the strong interest from Latin American investors. According to the annual research of theNational Association of REALTORS® (NAR)Latin American buyers account for 29% of international investors in residential real estate in the U.S. (only in existing property purchases, excluding new developments) – with Brazil ranked among the top three countries in the region.
Even in the face of a global economic uncertainty scenario and high prices for renting and buying real estate in Brazil, Waltz has seen a growing demand from Brazilians for properties abroad. The data shows that Brazil, Colombia, and Mexico together have a significant share among the main international investors in the American market.
Despite fluctuations in the dollar, the study still indicates that the performance of the stock market and the increase in wealth allowed foreign investors to buy properties in the US, where housing prices remain more affordable compared to other countries.
"In today's global and digital world, investors expect customer-centric and self-service solutions. That is why, from day one, we decided to simplify real estate investment in the US for foreign citizens, replacing frustrations and delays with a comprehensive, seamless experience," said Yuval Golan, founder and CEO of Waltz.
Waltz expansion in the region
In addition to Setpoint's financial support through the credit line, Waltz is also finalizing agreements to bring new exchange and fast international transfer technologies to Latin American countries, starting with Brazil.
This movement occurs 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 Companies (LTDA) in Brazil – facilitating property purchases in the USA, protecting the acquired assets, and enabling investment management. The platform also enables opening a bank account in the USA, all remotely. Since its launch, Waltz has processed over US$ 300 million in funding requests across four continents.
"Latin America's demand was immediate, and this is not surprising – the US real estate market is a top-tier investment for foreigners. The region has a particularity that I find fascinating: the dream of investing in real estate, which represents a milestone in life, 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 build wealth through passive income generation and asset 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 teams in marketing, sales, and customer service. These efforts aim to solve one of the most complex and often overlooked problems of the US real estate market: facilitating global investors' access to the market.
