The White Hart Lane side have reportedly met the buy-out clause in the Brazilian's current contract with Corinthians.
"I feel I am ready to experience football at the highest level in Europe and the opportunity to play in England is a dream," the 24-year-old is quoted as saying by The Independent.
"It's a great pleasure to be linked to such a great club like Tottenham. They have a reputation as one of the great clubs in England who play exciting, attacking football which suits my style.
"I couldn't turn them down if they made me an offer. It would be a fantastic opportunity to play for Tottenham."
Paulinho has confirmed that he will make a final decision on his club future after the Confederations Cup, where he is currently on international duty.