guerneca
American looking for information about Brazil
Forum posts
42
About me
American
Registration: 07 December 2020
NIF number by nelsonj35
hello folks! quick question here. I am a U.S. citizen living in Brasil under permanent residency. I recently started the process to open a bank account with Banco do Brasil. They are requesting my NIF which in the States is a tax id # (TIN)I would ...
This is quite common. Foreign banks are required to report holdings of US persons abroad. They typically ask you to fill out form W9 for this purpose. Read More
Overstay Brazil visa - fine by sam1466
Hi -- I overstayed my visa by a number of months - was trying to get a student visa and it didn't work out. I was told when I left Rio that I could appeal the fine and it often worked. Does anyone know where you can appeal the fine? And on ...
I'm having a mini-crisis about the duration of my stay in Brasil, as I just noticed an error in my spreadsheet tracking and also hadn't fully digested the "migratory year" concept; I was just looking at the past 180 days in a rolling 365 days. If ... Read More
Data on Recently Sold Properties (Comps)
Anyone know how to obtain data on recently sold properties in an area? Specifically for the cities of SP and Rio. I recently spoke to someone at QuintoAndar who told me the governments are releasing this data, but it鈥檚 not in a very user ... Read More
Being a landlord in Brazil and investing in Real Estate by john8670
On the federal and state level in Brazil do the laws heavily favor landlords or tenants? For example, in New Jersey and California it can be hell being a landlord when you get tenants that decide they aren't going to pay rent. They could end up ...
聽 聽 As most of the regulars know already, I spent some time with @peter_itamaraca recently and it was wonderful to benefit from his experience of the locality.聽 聽There are differences in how real estate works in various parts of ... Read More
Portuguese language certificate by alirkhorshid
Hello Everyone,I want to apply for the naturalization process and I need to present a valid Portuguese language certificate.I know an institution that started operating since the coronavirus pandemic. This institute conducts classes online and ...
04/22/24 Thank you for the detailed response! What are the pros and cons of such a course compared to the Celpe-Bras?I looked at some past Celpe-Bras exams and they looked long and not super easy, but not impossibly hard either. The one big downside ... Read More
Portuguese language certificate by alirkhorshid
Hello Everyone,I want to apply for the naturalization process and I need to present a valid Portuguese language certificate.I know an institution that started operating since the coronavirus pandemic. This institute conducts classes online and ...
04/21/24聽 聽 Is it possible to find a list of schools accredited by the MEC that can be used to satisfy the Portuguese language requirement for citizenship? It would be very useful to have that.聽 聽 聽 聽 -@guerneca I'm ... Read More
Portuguese language certificate by alirkhorshid
Hello Everyone,I want to apply for the naturalization process and I need to present a valid Portuguese language certificate.I know an institution that started operating since the coronavirus pandemic. This institute conducts classes online and ...
Is it possible to find a list of schools accredited by the MEC that can be used to satisfy the Portuguese language requirement for citizenship? It would be very useful to have that. Read More
Brazil new Tax law for 2024 for resident and Citizens by NewBrazil
This just was signed into law in 2024 Brazil government created a new tax. This applies to crypto, dividends from investments funds, platform , real estate and Trust. This applies to anything made outside the country at 15% tax this for both ...
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
Brazil new Tax law for 2024 for resident and Citizens by NewBrazil
This just was signed into law in 2024 Brazil government created a new tax. This applies to crypto, dividends from investments funds, platform , real estate and Trust. This applies to anything made outside the country at 15% tax this for both ...
04/15/24聽 The first $44,625 of capital gains are exempt from tax in the US. That's not the case in Brazil. That means you'd end up with higher taxes going to Brazil than the US.Same thing for (qualified) dividends.聽 聽 聽 聽 ... Read More
Brazil new Tax law for 2024 for resident and Citizens by NewBrazil
This just was signed into law in 2024 Brazil government created a new tax. This applies to crypto, dividends from investments funds, platform , real estate and Trust. This applies to anything made outside the country at 15% tax this for both ...
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 聽 -@guerneca I don't have ... Read More
Brazil new Tax law for 2024 for resident and Citizens by NewBrazil
This just was signed into law in 2024 Brazil government created a new tax. This applies to crypto, dividends from investments funds, platform , real estate and Trust. This applies to anything made outside the country at 15% tax this for both ...
My first reading of the new law would indicate that Capital gains and dividends realized in investment (post-tax) accounts are taxable.聽 Since I'm already paying US taxes on these anyway, and my US tax return is part of the input in preparing ... Read More
Brazil VITEM Investment Visa Information by Pablo888
There have been many old threads about retirement visas but I could not see anything about the VITEM Investment Visa (both by investment or by real estate).There are several threads regarding this -> ...
@guerneca I am still a little confused as to why you might want to pursue this complicated route? Why not simply apply for a聽 Golden Visa, it still requires the investment to be made first (700k in N and NE Brazil, 1 million in the rest of the ... Read More
Brazil VITEM Investment Visa Information by Pablo888
There have been many old threads about retirement visas but I could not see anything about the VITEM Investment Visa (both by investment or by real estate).There are several threads regarding this -> ...
The visa for sponsoring a foreign administrator by investing R$600k is meant to be permanent/indefinite with no renewal necessary and a path to citizenship within 4 years. 聽 聽 聽 聽 -@guerneca Just to clarify, so there is no doubt ... Read More
Brazil VITEM Investment Visa Information by Pablo888
There have been many old threads about retirement visas but I could not see anything about the VITEM Investment Visa (both by investment or by real estate).There are several threads regarding this -> ...
@Guerneca Your insults aside, I will try to answer your questions and help you. 1/ I personally have had an investor visa for 17 years, have helped numerous others achieve this status and acting as administrator for about 7 of them. So I do know ... Read More
Brazil VITEM Investment Visa Information by Pablo888
There have been many old threads about retirement visas but I could not see anything about the VITEM Investment Visa (both by investment or by real estate).There are several threads regarding this -> ...
@guerneca Just for clarification, and for the avoidance of any doubt, you certainly can make an investment of R$500k+ into a Brazilian company by transferring funds through the Central Bank of Brasil to that company's bank account - and you will ... Read More
Brazil VITEM Investment Visa Information by Pablo888
There have been many old threads about retirement visas but I could not see anything about the VITEM Investment Visa (both by investment or by real estate).There are several threads regarding this -> ...
The Investor Visa is granted on the basis that a substantial investment has been made into an existing company in Brazil, with potential to create jobs and income. That, I think, we can all agree upon. If you want to invest R$600k into a company ... Read More
Brazil VITEM Investment Visa Information by Pablo888
There have been many old threads about retirement visas but I could not see anything about the VITEM Investment Visa (both by investment or by real estate).There are several threads regarding this -> ...
@abthree I'm definitely not trying to manage it alone. My aim here is to ask other people who might have applied using this investor visa and specifically the 600,000 reais investment and understand how it went for them. Does the other RN mention a ... Read More
Brazil VITEM Investment Visa Information by Pablo888
There have been many old threads about retirement visas but I could not see anything about the VITEM Investment Visa (both by investment or by real estate).There are several threads regarding this -> ...
聽 聽03/05/24 @Peter Itamaracathere鈥檚 also an investor visa with an investment of 600,000 reais that enables the business to sponsor one foreign manager for a visa. Can you comment on that process? It seems no business plan is needed ... Read More
Brazil VITEM Investment Visa Information by Pablo888
There have been many old threads about retirement visas but I could not see anything about the VITEM Investment Visa (both by investment or by real estate).There are several threads regarding this -> ...
So, the Federal Police will visit your office premises (which cannot be a home office unless the home is an intrinsic part of the business, like a restaurant, pousada or hotel), and ask to see your employment records for Brazilian citizens. It may ... Read More
Brazil Investor Visa for 600,000 / RN 11 by guerneca
I'm researching this investor visa option implemented by RN 11 that allows for a business to sponsor a foreign director with an investment of 600,000 reais. This seems to eliminate any need for a business plan to be approved and also eliminates a ...
Hey guerneca, Here is the link to the message that Peter Itamaraca posted > /forum/viewtopic.p 鈥� 60#5872038 You should check it out. Cheers, Cheryl 天美麻豆 team -@CherylThanks. For some reason I'm not ... Read More
Brazil VITEM Investment Visa Information by Pablo888
There have been many old threads about retirement visas but I could not see anything about the VITEM Investment Visa (both by investment or by real estate).There are several threads regarding this -> ...
聽 聽 @Peter Itamaracathere鈥檚 also an investor visa with an investment of 600,000 reais that enables the business to sponsor one foreign manager for a visa. Can you comment on that process? It seems no business plan is needed nor do ... Read More
Brazil Investor Visa for 600,000 / RN 11
I'm researching this investor visa option implemented by RN 11 that allows for a business to sponsor a foreign director with an investment of 600,000 reais. This seems to eliminate any need for a business plan to be approved and also eliminates a ... Read More
Brazil VITEM Investment Visa Information by Pablo888
There have been many old threads about retirement visas but I could not see anything about the VITEM Investment Visa (both by investment or by real estate).There are several threads regarding this -> ...
@Peter Itamaracathere鈥檚 also an investor visa with an investment of 600,000 reais that enables the business to sponsor one foreign manager for a visa. Can you comment on that process? It seems no business plan is needed nor do you need to hire ... Read More
Retirement Visa for Brazil by abthree
The Brazilian Government has approved a replacement for the old Permanent Visa for Retirees, that was eliminated for new applicants as part of the 2017 Immigration Reform. As was the case with the old Permanent Visa (VIPER) for family reunion, the ...
12/14/21 guerneca Brazilian Consulates are using VITEM XIV (Immigration Policy) for retirement visas, since the old Retirement Visa was abolished in 2017. Not every Consulate has updated its website for it, but you're in luck: San Francisco ... Read More
Retirement Visa for Brazil by abthree
The Brazilian Government has approved a replacement for the old Permanent Visa for Retirees, that was eliminated for new applicants as part of the 2017 Immigration Reform. As was the case with the old Permanent Visa (VIPER) for family reunion, the ...
Just a quick check-in / update... I've now been in Brazil on my retiree visa since March 10. Things have gone amazingly smoothly.@Viajanete Do you mind summarizing how you applied for the retirement visa? Do you have a pension or social security ... Read More
Tourist visa extension by Drjmagic
Hi everyone, I think I've seen this topic before but I couldnt find anything in the archives. Maybe, with COVID craziness, there are new regulations or requirements. A couple of questions: 1) I read that I need to prove that I have sufficient ...
I got my tourist visa extended today. No problem at all. Read More
Tourist visa extension by Drjmagic
Hi everyone, I think I've seen this topic before but I couldnt find anything in the archives. Maybe, with COVID craziness, there are new regulations or requirements. A couple of questions: 1) I read that I need to prove that I have sufficient ...
Do you have a link to that notice? Read More
Tourist visa extension by Drjmagic
Hi everyone, I think I've seen this topic before but I couldnt find anything in the archives. Maybe, with COVID craziness, there are new regulations or requirements. A couple of questions: 1) I read that I need to prove that I have sufficient ...
Are tourist visa extensions forbidden for all nationalities? I thought it was only Europeans because of reciprocal Schengen rules... Read More
Retirement Visa clarification by Drjmagic
Hi, Some sites say that the monetary requirement for a retirement visa in Brasil is a guaranteed income of $2000/month. Several other sites say it is 6000R. A big difference. Can someone please clarify what the income requirements are for a ...
Got it. Their concept of "retirement" is quite outdated in my opinion. It assumes a certain age by asking for pensions or social security income. Doesn't seem to allow for a younger person with plenty of liquid assets to live off. ... Read More
Retirement Visa clarification by Drjmagic
Hi, Some sites say that the monetary requirement for a retirement visa in Brasil is a guaranteed income of $2000/month. Several other sites say it is 6000R. A big difference. Can someone please clarify what the income requirements are for a ...
Thanks. Just asked. From reading her post, it appears her husband had social security, pension, or some other form of retirement income, but let's see what she says!I spoke with a good resource in the MJ and s/he was under the impression one ... Read More
Retirement Visa clarification by Drjmagic
Hi, Some sites say that the monetary requirement for a retirement visa in Brasil is a guaranteed income of $2000/month. Several other sites say it is 6000R. A big difference. Can someone please clarify what the income requirements are for a ...
Thanks. Just asked. From reading her post, it appears her husband had social security, pension or some other form of retirement income, but let's see what she says! Read More
Retirement Visa for Brazil by abthree
The Brazilian Government has approved a replacement for the old Permanent Visa for Retirees, that was eliminated for new applicants as part of the 2017 Immigration Reform. As was the case with the old Permanent Visa (VIPER) for family reunion, the ...
Since you offered to answer questions, I'll ask :-) Do you know if it's possible to prove retirement through assets, not through traditional retirement income like a pension? Read More
Retirement Visa clarification by Drjmagic
Hi, Some sites say that the monetary requirement for a retirement visa in Brasil is a guaranteed income of $2000/month. Several other sites say it is 6000R. A big difference. Can someone please clarify what the income requirements are for a ...
Yes I meet that criteria and yes I am living off my investments. Well over 2 million in liquid assets (stocks) and plenty in a checking account. I have enough of a cushion to sustain even quite a large drop. The problem really is that 80% of my ... Read More
Retirement Visa clarification by Drjmagic
Hi, Some sites say that the monetary requirement for a retirement visa in Brasil is a guaranteed income of $2000/month. Several other sites say it is 6000R. A big difference. Can someone please clarify what the income requirements are for a ...
That's a good point. The problem with the investor visa is you need to bring those assets into Brazil. I have no intention of entering the job market or seeking state aid. I'd be very happy to accept a visa that prohibits all that. I ... Read More
Retirement Visa clarification by Drjmagic
Hi, Some sites say that the monetary requirement for a retirement visa in Brasil is a guaranteed income of $2000/month. Several other sites say it is 6000R. A big difference. Can someone please clarify what the income requirements are for a ...
It's tricky. Most of my investments are in growth stocks which don't pay a dividend. But the growth is well in excess of the $2,000 per month necessary. It's possible to change the investments into dividend yielding stocks, but that ... Read More
Retirement Visa clarification by Drjmagic
Hi, Some sites say that the monetary requirement for a retirement visa in Brasil is a guaranteed income of $2000/month. Several other sites say it is 6000R. A big difference. Can someone please clarify what the income requirements are for a ...
Thanks. That's really great information. Any idea how long of a history of such income one must show? Read More
Retirement Visa clarification by Drjmagic
Hi, Some sites say that the monetary requirement for a retirement visa in Brasil is a guaranteed income of $2000/month. Several other sites say it is 6000R. A big difference. Can someone please clarify what the income requirements are for a ...
Are you sure financial investments can be used as source of income? Is there a certain dollar amount in stocks or bonds or something else that can suffice? All the searching I鈥檝e done seems to suggest it must be a pension of some sort. Read More