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Dr. Vinicius, good morning.
I left the country six months ago for a job in a Middle Eastern country where there is no tax. It only pays to work here because there is no tax. I have a property in my name in Brazil, empty for the time being, which I intend to rent out or sell. I also have a few investments still in the country. My wife is here with me. We go back to Brazil at least once a year for vacations.
Against this backdrop, I ask:
1. What type of outlet is best for me?
2. If I don't leave, will tax be charged on my foreign earnings in Brazil?
3. If I leave, can I have a current account in Brazil? If not, what do I do with my savings and the proceeds from the sale or rental of the property?
4. Can I just make the withdrawal and concentrate the investments and transactions in my wife's CPF, thus untying my income earned abroad?
Thank you in advance for your attention and assistance.
Vinicius Tersi is a lawyer, specializing in International Tax Law.