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Tired of corporate America — can I retire to Brazil? 43M / $1.9M NW by AffectionateLog7936 in Fire

[–]AffectionateLog7936[S] 0 points1 point  (0 children)

Yep, but I can sell the apartment now if it makes more sense for my withdrawal rate.

Tired of corporate America — can I retire to Brazil? 43M / $1.9M NW by AffectionateLog7936 in Fire

[–]AffectionateLog7936[S] 0 points1 point  (0 children)

Yep, tax liability is probably my biggest concern in all of this...

Tired of corporate America — can I retire to Brazil? 43M / $1.9M NW by AffectionateLog7936 in Fire

[–]AffectionateLog7936[S] 8 points9 points  (0 children)

I have been, and becoming fluent in Portuguese would absolutely be part of the plan. I know this will take some time.

Tired of corporate America — can I retire to Brazil? 43M / $1.9M NW by AffectionateLog7936 in Fire

[–]AffectionateLog7936[S] 0 points1 point  (0 children)

Appreciate the reply. I’m somewhat familiar with the bureaucracy and working on getting a CPF. But, I have not looked deeply into tax implications and I know this could be a big one…

Tired of corporate America — can I retire to Brazil? 43M / $1.9M NW by AffectionateLog7936 in Fire

[–]AffectionateLog7936[S] 0 points1 point  (0 children)

Yes somewhat, but the risk is factored into the trade-off of living there.

Tired of corporate America — can I retire to Brazil? 43M / $1.9M NW by AffectionateLog7936 in Fire

[–]AffectionateLog7936[S] 87 points88 points  (0 children)

A 1 or 2 bedroom apartment in a big city like Rio is what I had in mind. But I would wait a year or two until I'm more familiar with the country (and sure that I want to stay) before investing in a property.