Property in Brazil - General buying and selling tips for Brazil

[robh]

Originally Posted by Dotty

Rob ,

You are an agent and should not judge people because they have an email.You have one also.I have her work numbers too and I would not have mentioned her had I not thought she was unable to deal in property issues.You should contact her as she has experience with the leading law firms in Natal and specialises in Property Law,Purgery and Marital Law.

Dotty,

I don't currently have a hotmail email address and if I did I would never use it to do business with. An anonymous email account just doesn't say the right things to me especially if it belongs to a lawyer.

Why don't you publish her work email instead and you might get a better response?

[Dotty]

Hi Rob ,

The law firm is Duarte Braga in Natal and you can email her on: karol@duartebraga.com.br

[debzor]

Originally Posted by 10km

Could anyone let me know the following .

1) How much approx does it cost to set up a company

2) Would I have to be present in Natal to sign the documents

3) Does a 99% rule exist .ie a Brazilain has to have 1% of the company

4) If an acountant was employed what likely charges would be incurred

5) If the buisiness account was inactive would an accountant still be expected to be paid a monthly retainer .

6) What reporting is required once a buisines account has been set up . ie monthly . quarterly e.t.c. .

Any help anyone can provide would be appreciated .

Mike

Hi Mike

I presume you are hinting at an investor visa, and most of the answers you have already received are pretty close to the mark apart from a couple of major errors:

For this purpose, you must be in Brasil to start the process - even if this is to give a Power of Attorney for others to act on your behalf. Simply sending copies of documents will not suffice. And would you really be prepared to entrust all this to someone you have not even met?

If your business account is inactive for certain periods you may lose your visa. You must be able to prove that your business is involved in a 'productive activity' within 2 years of the visa being granted. Sounds like you may be trying to beat the system - which many others have tried to do, and is the reason this rule has been introduced.

Finally the adage 'pay peanuts and you will get monkeys', has never been truer than in this context. Immigration through the investor visa is now a complicated, and costly, proceedure. There are numerous so called experienced immigration attorneys (many are not even attorneys, let alone experienced), and people offering a cheaper service than the next guy. Most are not up front about all the numerous fees and costs involved, let alone all the implications, ROF passwords, etc. And they want you to entrust your future with them?!

On this forum mention has been made of people waiting 2 years for their visa, and in one case, I believe, 8 years. If you decide to proceed, tread with caution. I did, and that is why I have an investor visa, and have now helped others get one as well.

[fiege1224]

Hi doe's anyone know whats involved in getting a visa with a health condition that requires a climate like Brazil. I have a doctor that will sign any paper work that is required by Brazil. What type of visa would you get by this method? Thanks Steve

[debzor]

Originally Posted by fiege1224

Hi doe's anyone know whats involved in getting a visa with a health condition that requires a climate like Brazil. I have a doctor that will sign any paper work that is required by Brazil. What type of visa would you get by this method? Thanks Steve

Sorry, my friend, such a visa does not exist...

[FCZ]

There is a guide on the following site:

Apex-Brasil » Brazilian Trade and Investment Promotion Agency

I believe people on the ground can give more objective information, anyway, if you don't mind read...

[Dotty]

The best advise you can be given is by lawyers and accountants here in Brasil.They understand all the rules and regulations ,but take is as going to visit the doctors in the UK ! If you don't ask the questions thoroughly then you'll get a quick diagnosis without all the important bits that matter in between (which you need to know about).

[10km]

Thanks for all of the answers re above, appreciated.

Mike

[NYANG1234]

Originally Posted by Investy

When I considered Brazil it struck me than ALL the Brazillian agents kept re - itorating I didnt need a Lawyer.

This really put me off. Us Brits want large capital city law firms to shoulder the risk and manage transfers of money. Any thing less is total loonacy.

Would you not prefer to go through a UK agent?

[10km]

Hi visited Natal recently and went to Maracajua . Visisted Porto Dos Corais which was very diffucult to get to due to the ' puddles' which were more like small ponds .

I saw a development which consisted of some high quality villa's close to the beach . It was located just after a stange condo whick looked like it belonged on another planet , Norwegian ?

There was a sign in Portugese which said somehthing to the effect of road without an exit . I could see no further signs but would be interested to know if anyone on here knows more about this development .

Also on the 2nd line in Maracajau I noticed that the land was flooded .

Are you able to build on this flooded land ?