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  • in reply to: Can people who leave the country permanently invest in Brazil? #7871
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    Hello, Vinicius,
    Your blog is excellent, thank you so much for sharing your knowledge with us! I've been living abroad for 26 years and I've never filed an income tax return in Brazil since I was only 16 when I left the country. And I don't have any kind of income, real estate or other investments in the country.
    My question is: I intend to invest in buying and selling real estate in Brazil. I intend to do this as an individual using my CFP, which is still in order. My intention is to take out a bank loan abroad and transfer the money to Brazil.
    I would like to know if I need to do this "Declaration of Definitive Departure from the Country" process first and what the consequences would be if I, as a small investor, decide to do this procedure or not?
    In this case, my future intention would be to open a small company (construction and real estate developer) in Brazil to manage this business. But what impact would this have on the DSDP process? What is the best thing to do in my case? What would you advise?
    Thank you in advance for your help!

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Hi, I'm Vinicius Tersi, a specialist in international tax law.

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