Quote:
Originally Posted by lagarto
It sounds like you are trying to put people off rather than advise and why would living in Brazil for a year help ? Just pick your friends better as you wouldn't learn portuguese fluent enough in one year so you still wouldn't know what's going on.
My advice to anyone buying in any country is get to know the company you are dealing with and ONLY send your money through the proper channels....definately don't give to a friend to buy for you.
Iv'e been scammed in various countries...not for a 100k I must admit..but never in Brazil...that said, i've lived here for 9 years, speak fluent, understand the people and provided you invest with a reputable company...you won't get scammed either. Brazil is a great country for investment...
Property Brazil - Brazil property for sale near Fortaleza |
Have to disagree with you lagarto. I think people investing in a foreign country, if they plan on spending several months a year in said country, or even more, should rent first. That gives people the opportunity to learn about the culture, the language, the people, business, etc., and make a more informed decision.
Brazil is not an easy country to do business in. Matter of fact, by the latest studies, placed 80th out of 118 countries in "ease of doing business". With such factors as infrastructure, bureaucracy, security, corruption, transparency, taxes, and other barriers to the market.
I too have an interest in "selling" brazil. But when I see those that attempt to paint brazil as some tropical paradise where problems don't exist I just have to shake my head. Problems unfortunately exist here moreso than not. Brazil has been a "safe haven" internationally for criminals since all of us here have been alive because of their non-participation in international extradition treaties hence has a knack for attracting unsavory characters from all corners of the planet. If one is a fugitive from the law in any country all he/she has to do is come to brazil and have a brazilian child and they'll never be extradited. This type of environment combined with the way business is done in Brazil, one of the worst countries in the world with respect to bureaucracy, one of if not the leader in the world in falsification of documents, one of the top 5 most heavily taxed countries on the planet, one of the top 5 most dangerous countries on the planet (5th highest murder rate). These factors amongst numerous others make Brazil a very difficult as well as dangerous place to invest, do business, and live.
I know personally dozens upon dozens of foreigners, particularly british, that were sold a bill of goods that was different than what was delivered. Very different. And although I have helped dozens enter the courts, and even win judicial decisions, these decisions are currently being appealed and will more than likely have an outcome in this next round in 2-5 years from now. And even then, can be appealed again to the Supremo in Brasilia and then we're talking about a decade from now.
I'm not saying "don't invest in Brazil". I'm saying people should know what they're getting into. As my 53 year old best friend who is a paulista says, and I agree with totally, Brazil, at least the northeast, is wonderful for the weather, fruits, and women. If one is in the position where his income is derived from another country, or is in the financial position where he can sit on the beach all day and not worry about anything, then full speed ahead. But if one intends on coming to Brazil and doing some type of business then he better be ready for the reality at hand. And it's not an easy one. One of the most difficult on the planet as a matter of fact.