天美麻豆

Like @abthree and @Peter Itamaraca I researched this question thoroughly before becoming a Brazil resident. The answer I received was identical: the eventual sale of pre-residency real estate (in my case, a NYC condo several years ago), would be ... Read More

I have wealthy Brasilian friends who are stuck in their current country, because they refuse to pay a tax on their outside earnings and asset accumulation just to move back a second time. - @hagece8690Your friends should definitely consider seeking ... Read More

@CariocaNY I needed to urgently resolve a similar situation earlier this year, especially with US-based banks and brokerages still insisting on TFA (two-factor authentication) to a US cell phone via text or phone call. After a great deal of ... Read More

My approach is similar to one taken in a former life of working stateside and Brazil in corporate finance : "Asset - Liability Matching."The idea is to generate enough local currency income to cover recurring local currency expenses. Note that i ... Read More

If you purchase a CD before 1st January 2026 (as I have, with the interest rates now up to 15%), you will pay tax (only on the profit) on a sliding scale depending on how long before you withdraw funds. This varies from 22.5% within 6 months, to 15% ... Read More

@alan279As @roddiesho has mentioned above that SSA's stateside phone lines are not as backed up as before, and as of today their site instructed me to call them if I want to make a direct deposit change, going 100% analog - go figure - may solve ... Read More

@alan279 The suggestion of recourse to the FBU was meant as a last resort in case the SSA website still blocked users with a registered foreign address from doing so online. I just tested this online to see if this was still the case. The ... Read More

Having just logged into SSA via both login. gov and ID.me, the access issue indeed appears to have been normalized; the only potential issue for some users relates to two-factor authentication with ID.me. I tested 2FA via passkey (OK), text to a ... Read More

@alan279I recently needed to do this. The DOGE reforms to the process, for "security reasons," had two major impacts to the process. First, on the online portal, for those with a registered foreign address, as may well be the case with a good ... Read More

Since, as has been posted above, Social Security only accepts the return of this form by regular mail, the only way of knowing whether it was actually received is if your payment has already been suspended. Nevertheless, on a lark I contacted the ... Read More

@alan279I can also confirm that Tello serves this purpose well down here, whether via Wi-Fi Calling or, when necessary, via Roaming. Just make sure your phone is both Unlocked and Compatible (check Tello's site for compatibility requirements , ... Read More

@ltoby955The division of marital assets via separa莽ao de bens for those over 70 years of age is no longer legally obligatory,as a result of a decision of Brazil's Supreme Court last year, but it remains the default option. Though codified in ... Read More

When searching for these items I only find links to APPS which I am sure make you login and give personal information etc.. This is not a good solution for someone who wants to model a tax return and learn the ins and outs of the system. - ... Read More

@abthree Glad you found this useful.My thinking is similar to yours.聽 I utilize portions of the report for both US and Brazil tax reporting.聽 Certainly, the exchange transactions.聽 And the the report's official dates on opening and ... Read More

@mberigan I end up checking Registrato every month or so to check if a new account was opened in my name without my knowledge.聽 Same goes for new credit lines I didn't ask for.聽 Personally speaking, I would rather get this information ... Read More

@Pablo888 If you have opened bank accounts down here, and take a close look at the account opening documentation, you will note that you have given express authorization for your banks to report account movements and balances, along with detailed ... Read More

@Sampa_BrooklinHave you considered utilizing the Banco Central's Registrato system?It's the portal by which users may access, directly and instantly from the Banco Central, their purchases or sales of foreign currency that have passed through the ... Read More

@Peter ItamaracaAbsolutely. My point is simply that, with these changes to the local tax treatment of our overseas investments, it's probably worth checking in with our local accountants to see how they might affect our individual tax positions and ... Read More

Catching up here after a long hiatus!I hate to say it, but people here have been COMPLETELY missing the boat in terms of which are the changes that actually matter with this new law,聽 how this actually affects expats, and as to what potentially ... Read More

@guernecaNo problem.聽 It can get quite complicated, depending on your overall tax position.聽 I聽 would just stress that I am not a tax lawyer or CPA so I would not like to give tax advice, but in toying (quickly) with the online ... Read More

@abthreeVery sound advice. Read More

聽 聽 聽 聽 04/15/24 @abthreeKeep in mind, the US has a sizable exemption for capital gains and dividends. Brazil doesn't have that, so you'll get hit with the higher of the two taxes, which will be Brazilian.聽 聽 聽 ... Read More

Whoa @abthree!脗聽I much preferred your initial answer to @MangoMike, so why don't we stick with that.But this being Brazil, a new acronym linked to an object with essentially the same characteristics apparently renders validade "indeterminada" to ... Read More

Yes - you don't need to change.The new Law of Migration that went into effect in 2017 was very clear:聽CIEs issued after the last general re-registration in the 1990s remain in effect until their expiration date;聽if "Validade" is ... Read More

@rraypo Did Itau require anything other than the protocol/CRNM and CPF number to open the bank account? -@californiainbrazilI had asked the PF for an approval letter for bank accounts, but that was really not needed. I had tried and failed for a ... Read More

@OzneSil聽Here you go OzneSil.聽Not really.聽I was just following this hoping (in vain) that it would lead to a tax treaty.Just digging a little, the original agreement can be found in the footnote to the US Treasury press release, ... Read More

I think the OP has received some very good, nuanced responses.I would just add that, from a top-down point of view, unbelievably Brazil and the USA do NOT have in force a Bilateral Tax Treaty. Despite all the historical commercial ties between ... Read More

@MacaeRick, your former state may well have you in their database for jury duty (and the like) as you mention that you maintain a drivers license issued by that state.Since you mention that you haven't received a summons in all that time, that could ... Read More

I didn't seem to get an alert that you responded, PTRio, but here goes, if a couple weeks late. Sorry about that. - "It is quite confusing." That is an understatement. US bureaucrats just can't seem to get their writing act ... Read More

That provision is not specific to the Agreement, so you would not find it there. It applies to all countries which have signed a Social Security Agreement with the US. You can find the actual basis for this major new benefit for Brazil spouses ... Read More

The Program you want to look at, and download, will give you a very good idea; it's called the Carne Leao, it's on the Receita site, and eventually feeds into the overall IRPF tax return. As Steve mentions, you can input the Rendimentos ... Read More

A quick internet search reveals that Brazil's tax authorities grant Germany "reciprocal tax treatment." That means you can get a foreign tax credit in Brazil for taxes paid in Germany on sourced income there. Depending on relative ... Read More

No question that automatic credit of wire transfers without need for your signature would be a quantum leap in convenience. The potential trade-off of course is that it could also lead to a quantum leap in uncompetitive exchange rates.... So ... Read More

No question, the purchase/sale of real estate here without residency is a major hassle for precisely the reason cited by the OP. Other complications, regardless of residence, also peculiar to the country, would be the unavailability here of both ... Read More

No double taxation. Despite the fact that there is no treaty with the UK. I am no tax guru, and don't take my word for it. Just run a search on "reciprocal tax treatment." You'll find that the UK is one of three ... Read More

Andrew: around three or for years ago I would have recommended Amil hands down. However, that was obviously in a completely different market environment from today. Even after their takeover by United Health, when they predictably got a bit ... Read More

Finding a decent and reasonable local individual plan today is much more difficult - some would say impossible - than say three or four years ago, and with the lack of competition, much more expensive, as you are discovering. Why the scarcity? ... Read More

There have been a few recent posts with the following note: "The documents issued abroad must be legalized by Brazilian consular office and translated by a sworn translator in Brazil." I just wanted to point out that as per this thread, ... Read More

Sometimes, including in Brazil, you need to be careful what you ask for. Permanent residency by way of stable union may not be all that "permanent." Also you should take a look at the original text of the administrative resolution, and ... Read More

@quinny1072 Congratulations on finding an appropriate international plan. Can you elaborate on the out of pocket coverage maximums (for the insurance company, not yourself, that is) you encountered for your international plan and/or the ones you ... Read More

@Quinny1072 Good article. What did you find in terms of maximum policy limits for international health plans? Such out of pocket maximums - for the insurance companies, not the policyholder - would certainly prove to be a non-starter for me for ... Read More

Rich, In addition to yesterday's Valor article, there was also a front-page article in Globo yesterday regarding the various states' taxes on LOCAL estates - and how these taxes increased last year, and are expected to increase further. You ... Read More

There are no federal taxes here on local or international estates or inheritances. As already stated however they are declarable on your local return, if you are a tax resident, in both the income section (exempt!) and assets listing portion. ... Read More