Quote:
Originally Posted by shawnpuett
There is a misunderstanding firstly you would only pay taxes on it if you claimed it as income, secondly Why would you need a buisiness account in Brazil if you had a personal account in Brazil. My post was refering to sending money from your personal exterior account to a buisiness account here in Brazil as investment funds. Investment funds are tax free plus you can gain a permanent visa doing this called an investment visa. When you achieve a permanent visa then you can acheive an Rne Then an account fisical (personal) then problem solved. But intil the problem is solved it is a way of moving money inside Brazil for foreingners. You know what I am receiving alot of cunning emails because I am telling people that is possible to open an account before you get your RNE many people are taking it personal because they said its not possible. Didnt mean to offend anyone was just trying to help. But go ahead and assume the tradition that its not possible nor worth it and let the people wanting and need an account be without an account or options it seems people prefer that. Have a good forum chat I will not be giving anymore "bad advise" as Tim says. So now you guys can consider case closed its not possoble and your all right...now you can move on to another subject.
Xau peace out!
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Shawn,
Im sorry to hear you are receiving cunning emails and you certainly have not offend me, Im always glad to hear other opinions from people who have experience in Brazil! My question previous was due to making clear to me an earlier statement you made, not to question you or try catch out in some way. The confusion came because eariler you stated 'sending money from your business acc to your personnal acc' wheres I think you meant to say like above 'from personnal acc to business acc'. I m well aware of the Investment Visa, Ive going through the proccess as we speak. Also personnally I dont even need a personnal bank acc in Brazil, I have my rentals in Brazil successfully set in other ways. I just took an interest in what you were saying.
Cheers
Paul