Home ' Forums ' Articles ' Permanent departure from Brazil: is it worth losing your Brazilian tax residency?
- This topic has 13 replies, 12 voices, and was last updated 10 months, 2 weeks ago by Risen.
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January 12th, 2022 at 3:27 pm #6486Vinicius TersiKeymaster::
How living and working abroad can impact your income tax in Brazil
[See the full article at Permanent departure from Brazil: is it worth losing your Brazilian tax residency?]
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January 26, 2022 at 2:09 pm #7600Rodrigo LeiteParticipant
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January 26, 2022 at 2:20 pm #7601Vinicius TersiKeymaster::
Hello, Rodrigo!
Thank you for your interest! The simplest and quickest way to talk to us about appointments is to click on the "Contact Us" button or the WhatsApp button and talk directly to our team. They'll ask you a few questions to get a better understanding of your needs and advise you on making an appointment in my schedule. You can also do this by sending an e-mail to contato@tersi.adv.br.
In any case, I can ask them to contact you by e-mail if you prefer.
A big hug!
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June 19th, 2022 at 5:39 pm #7602Maria de Fátima Mourão dantasParticipant
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June 21, 2022 at 9:39 pm #7603Edgar PereiraParticipant
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December 12th, 2022 at 4:26 pm #7604Vinicius TersiKeymaster::
Hello, Maria! I couldn't extract enough information from your comment to help you. Could you elaborate on the problem?
In any case, the IRS has created a way of updating CPF information via e-mail. You can find guidance on this service at this link.
If you'd prefer to speak to us directly, just call us onWhatsApp or by e-mail contato@tersi.adv.br! -
December 27, 2022 at 6:02 am #7605NawarParticipant::
Thank you very much for this article
But I was hoping the article would end with a clear explanation of the idea
That if the person decided to return to Brazil after a while, and brought back all their money, this money would logically and according to the explanation not be subject to any tax in Brazil, because it is all from outside Brazil, and he did "Definitive Exit from Brazil".
Is this true? -
March 17, 2023 at 1:56 pm #7606FlaviaParticipant
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March 25, 2023 at 11:07 am #7607João SantosParticipant
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April 16, 2023 at 11:54 am #7608AndreaParticipant
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April 26, 2023 at 11:50 am #7609GiovanaParticipant::
Dr. Vinicius, I've seen some websites saying that those who left Brazil more than five years ago, without submitting the Declaration of Final Exit, could only regularize their CPF status by indicating that they are now non-residents. Is this information correct? Wouldn't it be necessary to make a Retroactive Definitive Exit Declaration?
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July 17, 2023 at 3:53 pm #7610Olga MariottoParticipant::
We are retired in Brazil and receive the benefits here in the USA where we live. We want to know if we leave Brazil permanently, would this affect our benefit or if because of this benefit we will have to continue declaring income tax. As retirees every month they deduct 25% from our benefit, as far as I know this money is not returned regardless of whether we make the declaration. Is it worth making a permanent withdrawal?
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December 20, 2023 at 8:01 am #10225guilhermoParticipant::
good morning, i'm argentine with residence in brazil, i have an MEI but a year ago i moved to portugal, i wanted to know if it's convenient to make the definitive exit from brazil and pay the taxes here in portugal. considering that i don't want to lose my residence or cpf. I don't know if this affects what I do as an individual. Thanks!
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January 7th, 2024 at 11:40 am #10231RisenParticipant::
Hello, Dr. Vinícius.
Could you please answer a few questions? I would like to move with my family to Spain, to live there on income from financial investments and trading (buying and selling cryptocurrencies). I would file the Communication of Final Departure (CSD) and the Declaration of Final Departure (DSDP) as soon as I moved.
In this scenario, I have the following questions:
1) Can I still keep my Itaú (Brazil) bank account active and make transactions and redemptions?
2) Are there any limits to these movements, determined by the IRS or the Central Bank?
3) Since this income is taxed at source, I don't have to worry about declaring it to the RFB, right?
4) I have investments in digital fixed-income tokens on the Mercado Bitcoin platform, which is not taxed at source. I end up having to calculate and declare the capital gain myself. Can I continue to hold these funds, declaring them in GCAP and paying tax (where applicable), even if I live outside Brazil?
5) The procedure I would use to earn my income or amounts in euros abroad would be through a Wise card, to which I would convert the contributions from Banco Itaú, made in reais, into euros. I've read that if you contribute more than 10,000 dollars to an international card, you have to declare it to the RFB. Although I probably wouldn't transfer this amount every month, how would I proceed if I contributed more than this limit?
6) As for cryptocurrencies, I would trade through the Binance platform (a global company, but with representation in Brazil, where I registered). Given this representation, Binance only accepts withdrawals in reais to the bank linked to my CPF in Brazil (Itaú). Can I continue trading as I did here in Brazil, withdrawing to Itaú, transferring to Wise and declaring the capital gain in GCAP? Sorry for the long list. Thank you very much in advance!
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