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| Moving to Brazil | |
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ghuddles1
Newbie
Joined: 23 June 2006 Location: United States Online Status: Offline Posts: 2 |
![]() Topic: retiring in BrazilPosted: 23 June 2006 at 02:08 |
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I have been talking to my girlfriend for over 5 years now. She is in Rio de Janeito and I visited her there 2 years ago. We have been talking a lot about my moving to Petropolis in a few years when I retire at 62. She has advised me well on the particulars of the cost of living in Brazil and what I might do with my painting and music there. My specific question: Will the US government send social security payments to Brazil, whether it be a bank or by mail. If not, would it be feasible to return once a year to the Miami to transfer the money out of an account theree and into one established in Brazil. Since I will be dependant solely on my social security retirement check, this is perhaps the most important information for my decision on whether to move or not to Brazil. Mexico is my first option after Brazil, cheaper top live, closer to the border of the US for medical care, etc. I would appreciate any insight about this topic.
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gary the potterman
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hityl2000
Senior Member
Joined: 22 June 2005 Location: Brazil Online Status: Offline Posts: 188 |
![]() Posted: 23 June 2006 at 06:59 |
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Ghuddles,
The cost of living will depend on what lifestyle you intend to live and where. It is much more expensive in the cities than up the coast....... As for your pension, it is a simple matter of having it paid into your American bank, all you need is a Visa card or similar and you can draw cash whenever it is needed from almost any Brazilian ATM (Hole in the wall cash point) I have been in Brazil 4 years, do not have a Brazilian account and have never had a problem getting cash from the machines, you may want to inform you American bank before leaving to they understand it is you withdrawing money from ATM,s in Brazil........ Many people here will be able to give you good advice, CAPTBILL, may be retired, i am not sure, he sounds like a Y,oungen sometimes........... Mexico will never compare to the beauty of Brazil....... |
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C.Walker. Esq.
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DUNGA
Gringoes.com Guru
Joined: 30 March 2006 Location: Brazil Online Status: Offline Posts: 3644 |
![]() Posted: 23 June 2006 at 10:09 |
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The Social Security Administration will not deposit in a Brazilian bank. Here are some of their rules on receiving SS payments while outside the U.S. As to Mexico; I believe it may easier to deal with for people from the U.S., especially the SW, than Brazil. Except in the area of hygiene, here Brazil wins hands down. |
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tamashin
Gringoes.com Guru
Joined: 13 March 2006 Location: Brazil Online Status: Offline Posts: 3807 |
![]() Posted: 23 June 2006 at 14:55 |
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I am retired but English so my situation may be different. I had to declare my pension to the RF which turned out to be no big deal and I withdraw my pension from an ATM, which is paid into my account in England. Hope that helps somewhat.
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hityl2000
Senior Member
Joined: 22 June 2005 Location: Brazil Online Status: Offline Posts: 188 |
![]() Posted: 25 June 2006 at 20:07 |
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TAMASHIN,
And i thoiught you were just a youngster!!!! You a Southerner or a Northerner? |
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C.Walker. Esq.
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Texas Cowboy
Senior Member
Joined: 01 December 2005 Location: United States Online Status: Offline Posts: 407 |
![]() Posted: 25 June 2006 at 21:29 |
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Ghuddles, hityl2000 is right! Your retirement funds/SSI are safe right where they're at. I've lived in Brasil for over 3yrs without any problems with my finances! The only thing I suggest/recommend is that you let the SSA know your current address at all times. I have a brasilian acct. as well and transfer funds to it when needed...via the US or when I'm in country Hope this has helped some and PM me if ya have more questions! Peace
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O Brasil não é paraíso!
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tamashin
Gringoes.com Guru
Joined: 13 March 2006 Location: Brazil Online Status: Offline Posts: 3807 |
![]() Posted: 28 June 2006 at 11:04 |
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Well I did declare my age (thereabouts) to all and sundry in another post. Its all relative though this age thing isnt it? I enjoy the cut and thrust of these posts and like to contribute in my own little way. I feel something in my meanderings might asisst someone. |
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hityl2000
Senior Member
Joined: 22 June 2005 Location: Brazil Online Status: Offline Posts: 188 |
![]() Posted: 28 June 2006 at 18:27 |
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A GRANDFATHER 3 times at 45!!!!
Im 48 and not a grandfather yet,,,,,,,,,,i do have a 3 year old daughter though!! What on earth made you settle in the cities if you dont need to work? I guess you must be a city boy from down South in the UK, you ever get over to the N.E. coast near Porto Seguro, give me a shout. |
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C.Walker. Esq.
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tamashin
Gringoes.com Guru
Joined: 13 March 2006 Location: Brazil Online Status: Offline Posts: 3807 |
![]() Posted: 28 June 2006 at 18:50 |
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I have settled in the mountains of Minas and at the moment it is so cold it might as well be the mountains of the moon. Ours is a small town where I teach English and help out at the local university. I work to keep the old grey matter stirring. I didnt need to, but after washing the car for the umpteenth time and becoming intimately involved (steady there) with the garden I decided I might return to teaching, though I am a retired Civil Engineer. I have many strings to the old bow some not yet plucked, but the thought of returning to construction work in Brasil fillled me with horror. The pay is poor and the competition, ferocious. I too am blessed with beautiful young daughters (one born in England and the other in Minas) and a Brasilian wife. On Monday they wore their England football shirts to school! I spent too many valuable years working in and around London. I first came to Brasil in 1993 and by 1994 I knew I would be living here permanently. It took a while, but like my story, I am here. As I drove into work on the M40 I used to pass a huge roughly painted sign on a fence which read "why do I do this everyday?" Indeed, why did I? Porto Seguro sounds ok according to the good lady and thank you for "give me a shout" I havent heard that in many a long while. Meandering again, must go. |
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Russell
Gringoes.com Guru
Joined: 28 July 2005 Location: United Kingdom Online Status: Offline Posts: 4959 |
![]() Posted: 29 June 2006 at 14:51 |
Haha, great story
![]() I feel caught between my UK upbringing, and a desire to actually be happy in my work. On the one hand I feel if I don't have a mortgage and a personal pension I'm some kind of heretic, but on the other I feel I want to divorce myself from all this baggage.
I'm not sure what the answer is...
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