retiring in Brazil
Printed From: Gringoes.com
Category: Brazil
Forum Name: Moving to Brazil
Forum Discription: For those who have moved, in the process of, or are considering moving to Brazil
URL: http://www.gringoes.com/forum/forum_posts.asp?TID=1358
Printed Date: 09 September 2010 at 02:29 Software Version: Web Wiz Forums 8.05a - http://www.webwizforums.com
Topic: retiring in Brazil
Posted By: ghuddles1
Subject: retiring in Brazil
Date Posted: 23 June 2006 at 02:08
|
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.
------------- gary the potterman
|
Replies:
Posted By: hityl2000
Date Posted: 23 June 2006 at 06:59
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.......
------------- C.Walker. Esq.
|
Posted By: DUNGA
Date Posted: 23 June 2006 at 10:09
|
The Social Security Administration will not deposit in a Brazilian bank. Here http://www.ssa.gov/pubs/10137.html - 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.
|
Posted By: tamashin
Date Posted: 23 June 2006 at 14:55
|
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.
|
Posted By: hityl2000
Date Posted: 25 June 2006 at 20:07
TAMASHIN,
And i thoiught you were just a youngster!!!!
You a Southerner or a Northerner?
------------- C.Walker. Esq.
|
Posted By: Texas Cowboy
Date Posted: 25 June 2006 at 21:29
|
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 
------------- O Brasil não é paraíso!
|
Posted By: tamashin
Date Posted: 28 June 2006 at 11:04
|
Originally posted by hityl2000
TAMASHIN, And i thoiught you were just a youngster!!!!
|
Well I did declare my age (thereabouts) to all and sundry in another post. Its all relative though this age thing isnt it? My (very much) younger brother in England is a grandfather , three times over, at the grand old age of 45! I doubt that I will ever see my granchildren.
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. 
|
Posted By: hityl2000
Date Posted: 28 June 2006 at 18:27
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.
------------- C.Walker. Esq.
|
Posted By: tamashin
Date Posted: 28 June 2006 at 18:50
|
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. 
|
Posted By: Russell
Date Posted: 29 June 2006 at 14:51
Originally posted by tamashin
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? |
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...
|
Posted By: hityl2000
Date Posted: 30 June 2006 at 08:36
English tops for school, that is great, and i imagine they got no hassle whatsoever from the other kids, thays what i love about Brazil..................
Im a country boy and have never worked much in the cities, i did a few months work in London and hated it, mind you, i also worked in Edinborough for a short while, and dreamed of pleasent London!!!!
I cannot imagine living somewhere in Brazil where it actually gets cold, although last winter we put an extra sheet on the bed because id got down to the 70,s and i was freezing!!!
I dream of the day when i say goodbye to Iraq and go home for good, i secretly smuggled 10 kilos of American golf course grade grass seed into Brazil and look forward to growing my 1st ever lawn...........i have been reading and researching how to do it for 4 years now and feel like an expert!!!!
I also purchased some "SEEDS" from a gentleman in Birmingham England. I will grow 1 in a large pot (No pun intended) on the patio and see what we get, he assures me with the amount of natural sunshine we have i can expect a crop of 1-1 1/2 pounds per seed.......
I like a smoke maybe once a week so i guess the crop from 1 seed will last a year!!!!
Well, lets hope the Euro lottery is mine tonight, i will put Russell out to pasture if it is...........hell, i was only 5 numbers off last week!
I remember the 1st time i drove down the M1 into London and got to see the Plastic cows at Milton..........that was funny!
Well, today i hope to see Germany leave the tournament, after that Brazil will take care of the Argies for me.......
Who knows, if England carry on with their TOTAL luck run, it may be a Brazil Inglaterre final...........
Keep safe gentlemen...............
British Citizen Clive........
------------- C.Walker. Esq.
|
Posted By: Russell
Date Posted: 30 June 2006 at 10:25
Originally posted by hityl2000
Well, lets hope the Euro lottery is mine tonight, i will put Russell out to pasture if it is...........hell, i was only 5 numbers off last week! |
You're a scholar and a gent
Originally posted by hityl2000
I remember the 1st time i drove down the M1 into London and got to see the Plastic cows at Milton..........that was funny! |
Hmmm, I guess those aren't the ones on top of the building that's near another Motorway... that I'm forgetting the name of. I know they were referred to by truckers as the "cows in the sky".
Originally posted by hityl2000
Well, today i hope to see Germany leave the tournament, after that Brazil will take care of the Argies for me....... Who knows, if England carry on with their TOTAL luck run, it may be a Brazil Inglaterre final........... |
It could happen, although I'm predicting a 2-1 win to Portugal. Particularly if there's another duff ref, and Portugual are literally in fighting form.
|
Posted By: RioGringo
Date Posted: 17 July 2006 at 18:33
|
I live here now with my wife and going through the processes ... just have a ways to go before Uncle Sam starts sending me money.
Good Luck !
|
|