Quote:
Originally Posted by michaelbush
"Apparently they handle all the company transactions for us as clients, we send the money to Brazil and not to Realest International, well, we send the infrastructure money to RealEst"
There you have the first indication that everything is not as it should be!! Are RealEst the developer,selling agent, or what exactly. Why would they want the infrastructure part of the price paid to them, or is it an extra you have to pay? You will see from other threads that you should never make payments other than to Brazil, or your money is not registrered here. You will therefore have a higher capital gain on investment money paid here and pick up the tax on the higher gain, if you can get one at all. Who is guaranteeing the infrastructure will be built at all and when?
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That's funny....truly. Send money for "infrastructure" to an agent?? Are the agents going to be building the infrastructure??
Nothing surprises me in this country anymore.....nothing. It is a criminal magnet and I truly hope that those agents and/or developers scamming people get to serve some time in a nice brazilian prison. There's already one group from Norweigh, actually Pakistani mob from Norweigh, that are sitting in a Fortaleza jail.
And River....for the love of god, don't send ONE PENNY to an agent ANYWHERE except Brazil if you're buying a Brazilian property!! 9,000 quid for a piece of property you've never seen with your own eyes???
Spend 1,500 quid, go see the land. Hire an INDEPENDANT lawyer, one unaffiliated with the builder and agent. Check that the land is "free and clear", check to see if there are building restrictions in that area, check to see if it's a place that you think will see capitol appreciation over the next few years. For the love of christ man, don't sit on a computer thousands of miles away from Brazil and think you're going to make a "good investment" without getting off your ass and doing a little investigative work. If you don't have the time to do it.....then don't invest, especially in Brazil!