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Retiring in Brazil

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wingnut22
5/29/2012 19:16 EST

Is a retirement income of $3500.00 usd enough to live in Brazil? I'm single and am looking for a comfortable lifestyle.

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aneill42
5/29/2012 20:03 EST

Hi there1
This will depend on where you want to retire. In Sao Paulo or Rio it won't be enough but in the Northeast...say Fortaleza where I have lived for almost 8 years, it would provide you a pretty good life style, although you would not be on the same scale of some of the REALLY rich residents here...one of whom owns a white Lamborghini LP560. He travels with a security guard for the car.! I'm told the owner paid R$1M.

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billhasty
5/29/2012 21:44 EST

YES!
Unless you live in Rio or S.Paulo. Some of the other cities in Brazil, are much more cost effective. However both of the above can be good but it takes time to know how and where to shop. COL is similar to the USA. Be careful when shopping. It will take time to become familiar with products and quality. If it is in the US or europe, it is likely in Brazil. It is very cosmopolitan and international.
There are no slow cookers in Braz. and some other dumb things like that. No big deal.
GOOD Luck. (You will need a little of that too.) Bill Hastings
wph5391@gmail.com

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aneill42
5/30/2012 05:50 EST

Hi there!
Contrary to what Bill says...and I respect the fact that he has been in Brazil a long time and knows a lot, there are many things you can't get in brazil and many things that, even though you CAN get them, they are extremely expensive compared to North America.
For instance, it's not a good idea, in my opinion, to look for a new car in Brazil...better to buy used, say a couple of years old. New cars have a very heavy federal tax that basically doubles the price.
Almost all electronics are expensive and better to bring things with you from the US or Canada...but they can't be in their orinigal boxes or you will pay tax on them. Brazil doesn't want people bringing in items and selling them here. They want you to BUY here.
A client of mine was relieved of his iPhone the first night he was here and by himself. The next day I got him to a friend of mine who owns a "banka" and who has iPhones and Galaxy phones for sale. My client bought a new iPhone, in the box, for R$1,800. You can work out the price in US$.
Cell phone USE here is very expensive. In the Northeast, it is basically R$1 a minute on pre-paid phones.
You CAN find cheap phones but the cost of running them remains high because you only have 4 choices in terms of networks, Claro, Oi, Tim or Vivo.
As bill says you will soon learn to buy where the Brazilians shop and not in the tourist areas. If the Brazilians had to pay "Gringo" prices for everything, well, they couldn't!
Don't get me wrong, I love Brazil and I'm not going back, but it's a different culture and way of doing things, with many more ties to Europe than to North America. It's just a matter of getting used to a different way of thinking. If you think you are going to live the same way you do in the US, it won't work. Better to keep an open mind and learn from Brazilians and other expats, like Bill.

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airworthy
11/19/2012 14:30 EST

I am considering retiring in Brazil from the US. My wife is Brazilian and works for the Federal government in Uberlandia. I have very profound negative opinions of living in one of the beach cities or any large city in Brazil due to the crime and general unsafe conditions. I have come to believe that if one wants to live comfortably in Brazil, it is a better idea to live in a city like Gramado or Campo Do Jordao, both of which are really European towns transplanted to Brazil. I have lived in N. Italy near Venice before and I loved it.
What are your opinions/
Thanks,
D.

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