In the next year we plan to sell our vacation home in Recife. Purchased in 2005, it has tripled in value, so we will have capital gains. Our questions: Do we pay capital gains in Brazil or in the United States? How do we get the money back to the United States? And finally, does anyone know a shipping company we can use to bring the contents of our Brazilian home back to the United States? Doing all this makes us sad, but the crime rate in Recife is simply too awful.
Have you thought about the possibility of buying a house in Florianópolis/SC and move all your stuff here.
This is a safe island-city with beautiful beaches and all amenities. There are very few places in this country where women can jog, cycle or just walk along the motorway by a forest all alone and be OK. In Florianópolis, they can.
Why give up on your Brazilian beach house dream just because Recife is no good?
There is a growing number of foreigners moving to Florianópolis, the state capital city that feels like you are always on holiday. I am sure you will like it.
In Brazil you'll pay taxes on the transmission of property, usually nothing to worry about. What is most likely to be a headache is the repatriation of funds. Start by checking with either Citibank or Banco do Brasil how much you'd be able to wire internationally.