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Living cost / Moving Cost in Brazil

Last activity 01 August 2024 by lalajaja

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krautboy88

Hi everyone,


we are in our plans to move to Brazil in the next couple of years.

The aim is to have enough money to buy a house and have enough money coming in from investments. I just wanted to get a sense check on numbers at this time.


We are couple 36 & 38, but currently expecting a baby for end of the year. Wife is Brazilian and I am European (I do speak some Portuguese). We would like to move to the state of Rio, where my wife used to live. We understand that the city of Rio is a lot more expensive and we would favour living closer to Arraial do Cabo / Cabo Frio.


We are saving up to buy a property to live in which will be in the region of R$350,000.00 and also will have enough to buy a car once in Brazil (About R$80,000.00).


Overview:

Monthly income aim: R$7,000.00 a month from investments in Europe. Currently we are bringing in about R$4,000,00. We are working this year on making up the remainder to reach the aim of R$7,000.00 of monthly income. 


Additionally we are working on qualifying in some Tech jobs, so we can work remotely if we need to to make additional income. But the R$7k should be the aim to live on.



We will still have some savings which will help us get the things we need.


R$25,000 moving costs from Europe to Brazil.

R$70,000 in savings for Emergencies.


What are the thoughts on those plans?


Thanks

Gasparzinho 777

R$350.000 gets you a good apartment in either of these cities today.........and it can be much less if you live within an hour north, say, Unamar for example. I prefer Cabo to Arraial.


My wife and I live in Copacabana and spend R$6.000 a month on average.......condo fees, IPTU, electricity, groceries, cell/internet bills, and the occasional tanks of gas.......we eat out pretty much every other day as well.


Don't waste R$80.000 on a car........we use a 14 year old FIAT.......rural roads around the area you are looking are bad, as are the drivers. Buy a cheap used vehicle for 1/2 that amount.


Hope that helps. We make more, and can spend it, but don't see the need.


SUS works well were you want to live......in Rio they are overwhelmed with people........so we pay to see a doctor here if need be.

abthree

07/31/24 @krautboy88.  A couple of  thoughts. 


-- R$7,000 strikes me as little light for a family of three (or more by then?), but a lot depends on the standard of living you plan.  That amount can provide a pleasant one, but definitely on the simple side.   At the very least, with a school-aged child you are probably going to want/need a good private school, and I don't see it fitting in that number.   You'll probably want private health insurance also, and I don't see it fitting in that number, either.  Your idea for some regular remote work may turn out to be more a regular part of your lives than just an option.


-- The moving number depends a great deal on how much you plan to move, but your number strikes me as extremely low.  Brazil is very far away and the shipping and customs regulations are complex, so you should definitely talk to several movers who have actually moved people to Brazil from Europe to get a reality check on that estimate.  My move from the United States cost around US$20,000, and I didn't move a whole house.


-- The Emergencies number looks good, as long as you keep it replenished. 


You've given yourselves plenty of time to work this out, so you're in a good place, and clearly giving it the attention it deserves.  All the best!

Gasparzinho 777

We just spent R$30.800 shipping 18 x 3 cubic foot boxes weighing 740 pounds from Canada to Brasil......FWIW we're a couple of people cleaning out the personal stuff as much as possible. Air tickets one way were another R$20.000.........

krautboy88

Thanks for all the responses so far, really appreciate it and provides some good insight into realities of people.


Moving costs: The price was based on last years estimates with companies. Roughly the price for shipping from Europe to Brazil, but this will have to be revisited. Flights we would get at a decent price, as we would be using Airmiles which we have accumulated over the last couple of years. The idea indeed would be also to downsize as much as possible and just bring what really will add value.


Income: Thanks for the thoughts, indeed school is something that was on our mind but have not explored it to the full yet. Insurance would be included in the target. With remote working, we don't mind as long as we can move away from the rat race. Maybe we come across some good investment opportunities between now and then, lets see.


Housing: I would be interested in having a property perhaps with a small Annex that could also be utilised as an AirBnB. Once I get to the R$350k, ill start investigating this further. 

abthree

08/01/24 @krautboy88.  Again, I'm impressed with your planning, and the generous time horizon that you've allowed yourselves.  I would further recommend, when you're between one and two years out from your planned departure date, a reconnaissance trip of two to four weeks to the areas that interest you, just to personally check out the questions like property costs, schools, and healthcare costs that most concern you "on the ground".  That would be close enough in to give you a good idea of costs, but far enough out to leave you free to make mid-course corrections.

lalajaja

I'm always interested in hearing people's thoughts about cost of living. So, I'll be following this thread.

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