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Peter Itamaraca

Peter Itamaraca

Serial expat

English expat in Brazil

Forum

801 posts

Contacts

2

About me

English

Registration: 08 May 2023

Activity

Peter Itamaraca replied to a thread
Yesterday
roddiesho

You Are Deported! by roddiesho

Ok, so the "D" word can be scary, especially if you are living in another country. I happened to be watching 911 Lone Star where the character was in the USA legally but was about to be deported because he unintentially hit a police officer.Even if ...

Peter Itamaraca

Certainly a permanent visa is a privilege, not a right, and can be taken off you for serious crime (but not minor stuff!). Read More

Peter Itamaraca replied to a thread
6 days ago
Sampa_Brooklin

Golden Visa via Real Estate investment by Sampa_Brooklin

Hello - I am interested in contacting any expats on this forum who have obtained residency in Brazil based on real estate investment. I own two properties in Brazil and am looking to apply for the residency but it has been extremely difficult ...

Peter Itamaraca

@Sampa_Brooklin I did not know about that, so good luck - it may help you a lot... Read More

Peter Itamaraca replied to a thread
last week
UhOhDetran

Permanent Residency and Foreign Appointment by UhOhDetran

Hey all, I have a CRNM card (permanent residency, family reuinion visa) and I was wondering how long can one leave Brazil and still have the permanent residency valid?Suppose for example the situation is an overseas job opportunity that lasts one ...

Peter Itamaraca

@UhOhDetran I have recently been advised that you must spend at least 2 continuous weeks in Brazil every 2 years... Read More

Peter Itamaraca replied to a thread
last week
Sampa_Brooklin

Golden Visa via Real Estate investment by Sampa_Brooklin

Hello - I am interested in contacting any expats on this forum who have obtained residency in Brazil based on real estate investment. I own two properties in Brazil and am looking to apply for the residency but it has been extremely difficult ...

Peter Itamaraca

@Sampa_Brooklin The reason this process is necessary when purchasing real estate is all about stopping money laundering, collecting taxes (such as IOF - tax on financial operations) and officially recording the entry of the funds into Brazil, so as ... Read More

Peter Itamaraca replied to a thread
last week
Expatax

Relocation Companies by Expatax

Does anyone have recommendations for global relocation companies that provide services to Brazil?

Peter Itamaraca

@Expatax I would advise him to sell everything he can in the UK, rent fully furnished here to start with and then buy in Brazil... Read More

Peter Itamaraca replied to a thread
last week
Sampa_Brooklin

Golden Visa via Real Estate investment by Sampa_Brooklin

Hello - I am interested in contacting any expats on this forum who have obtained residency in Brazil based on real estate investment. I own two properties in Brazil and am looking to apply for the residency but it has been extremely difficult ...

Peter Itamaraca

I do not know how it would be possible for me to contact the Brazil central bank and ask them for proof of payments and conversion rates since one of the property was paid off over two years through monthly boletos as it was a new condo development ... Read More

Peter Itamaraca replied to a thread
last week
Sampa_Brooklin

Golden Visa via Real Estate investment by Sampa_Brooklin

Hello - I am interested in contacting any expats on this forum who have obtained residency in Brazil based on real estate investment. I own two properties in Brazil and am looking to apply for the residency but it has been extremely difficult ...

Peter Itamaraca

@Sampa_Brooklin Again exactly correct as far as the transfer is concerned. The Exchange Contract (or Confirmation of Exchange Operation) does indeed take place in Brazil, since reais are not internationally traded, so you can only send dollars or ... Read More

Peter Itamaraca replied to a thread
last week
Sampa_Brooklin

Golden Visa via Real Estate investment by Sampa_Brooklin

Hello - I am interested in contacting any expats on this forum who have obtained residency in Brazil based on real estate investment. I own two properties in Brazil and am looking to apply for the residency but it has been extremely difficult ...

Peter Itamaraca

@sfcastro You are exactly right - the funds must come from your US bank THROUGH the Central Bank of Brazil (who receive the foreign currency and officially exchanges it for reais, at the official rate), and then it is sent direct to the seller's ... Read More

Peter Itamaraca replied to a thread
last week
Sampa_Brooklin

Golden Visa via Real Estate investment by Sampa_Brooklin

Hello - I am interested in contacting any expats on this forum who have obtained residency in Brazil based on real estate investment. I own two properties in Brazil and am looking to apply for the residency but it has been extremely difficult ...

Peter Itamaraca

@Sampa_Brooklin A few guidelines for you:1/ To qualify for the Golden Visa, investments must be into residential real estate - not commercial nor land.2/ Only the value as recorded in the escrituras will qualify - any interest, fines, penalties, ... Read More

Peter Itamaraca replied to a thread
last week
Sampa_Brooklin

Golden Visa via Real Estate investment by Sampa_Brooklin

Hello - I am interested in contacting any expats on this forum who have obtained residency in Brazil based on real estate investment. I own two properties in Brazil and am looking to apply for the residency but it has been extremely difficult ...

Peter Itamaraca

@Sampa_Brooklin I have helped a number of people with this visa, and know all about it. Please can you advise where the investments are, the value declared in the escritura for each, if there are other names in the escritura of the owners apart from ... Read More

Peter Itamaraca replied to a thread
last week
californiainbrazil

Registering a document with Registro de Títulos e Documentos (RTD) by californiainbrazil

I am in the process of closing on a real estate transaction and the cartorio has requested that I obtain an updated birth certificate with an apostille, have it translated and then registered with the Registro de Títulos e Documentos ...

Peter Itamaraca

@californiainbrazil If, as you say, the ITBI has been paid, this implies that the deal has been completed and you are in process of officially registering the property in your name - the escritura. If so, then you have paid all that is due and now ... Read More

Peter Itamaraca replied to a thread
last week
sjpetzold

US and Brazil Taxes Revisited by sjpetzold

I’m sorry to bring this up again, but with tax season upon us, wise expats’ thoughts turn to the complexities of dual taxes. My wife and I are both US citizens filing jointly in the US. She is also a Brazil citizen while I have a ...

Peter Itamaraca

@Robert Laney Are you referring to SS payments made to you in Brazil by Brazil, or payments made to you in the US that you transfer to Brazil? I think you may have been badly advised... Read More

Peter Itamaraca replied to a thread
last week
californiainbrazil

Registering a document with Registro de Títulos e Documentos (RTD) by californiainbrazil

I am in the process of closing on a real estate transaction and the cartorio has requested that I obtain an updated birth certificate with an apostille, have it translated and then registered with the Registro de Títulos e Documentos ...

Peter Itamaraca

@californiainbrazil Well, I can tell you why he has requested your birth certificate, and it it is the same reason I have mentioned before. It is as simple as this: are you single, married or divorced?In Brazil only a single person can produce a ... Read More

Peter Itamaraca replied to a thread
last week
Expatax

Relocation Companies by Expatax

Does anyone have recommendations for global relocation companies that provide services to Brazil?

Peter Itamaraca

@Peter Itamaraca I shipped a 20 foot container of household goods from the US to Ilhéus 16 years ago. At that time, my furniture and appliances were worth nothing in the US and everything was very expensive in Brazil. It barely made economic ... Read More

Peter Itamaraca replied to a thread
last week
Expatax

Relocation Companies by Expatax

Does anyone have recommendations for global relocation companies that provide services to Brazil?

Peter Itamaraca

@Cserebogar Is for a client, he will be moving from UK to Brazil, I still don´t know more datails. If you could send me the contact... - @ExpataxIt is important in the context of the question to know whereabouts in Brazil your client will be ... Read More