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  • in reply to: Financial investments in Brazil: The non-resident's dilemma #7296
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    Good afternoon, thank you for your clarification.
    It's one of the few places where quality information is available.
    One question: some brokers state on their website that after tax withdrawal it is only possible to keep the investments and/or redeem them.
    Is this legal? Because the information is contradictory...

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    Good morning! I need help confirming an understanding.
    An employee of a public company was expatriated and has been working in Uruguay since May 2021, coming to Brazil sporadically for work or vacation, and has not yet communicated his definitive departure from the country. Can his visits to Brazil be characterized as temporary departure for more than 12 months? Or after 12 months, is the permanent departure already characterized and must the communication be made? The deadline for notifying permanent departure would be February 2023, right?

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