pbr
2/3/2023 15:52 EST
Hi!
My wife and I are looking at homes here in Brazil. We found a few worthy of follow-up, so its time for me to learn.
I want to move around $200,000.00 from my US bank account into my Brazilian bank account.
* Do I understand correctly, the IOF for this should be 0.38%?
* Any recommendations for the best money transfer provider at this scale?
* Anything else I should be taking into account?
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kawakasbah
2/3/2023 18:50 EST
Whatever you decide to do make sure the money is transferred through the bank from buyer to seller, or through a reputable currency transfer company like Moneycorp. This way the money is registered with the central bank in Brazil in case , in the future, you need to repatriate the funds.
Good luck
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AGS Worldwide Movers can move you to and from anywhere in the world. Presently the AGS Group has over 141 locations in more than 95 countries and has one of the largest networks in the international removals industry. We relocate 85,000 families every year. Free moving quote! Learn More Get a Quote
 AGS Worldwide Movers can move you to and from anywhere in the world. Presently the AGS Group has over 141 locations in more than 95 countries and has one of the largest networks in the international removals industry. We relocate 85,000 families every year. Free moving quote! Learn More Get a Quote
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kawakasbah
2/3/2023 18:50 EST
Whatever you decide to do make sure the money is transferred through the bank from buyer to seller, or through a reputable currency transfer company like Moneycorp. This way the money is registered with the central bank in Brazil in case , in the future, you need to repatriate the funds.
Good luck
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jimmyrocks
2/5/2023 09:21 EST
Hi my name is James, I am real estate agente in Florianópolis brazil. I’m originally from the UK, but have been living here for many years.
I have some reputable transfer services that can save you money on transaction fees.
Let me know if I can help or advise you on anything?
My number and WhatsApp is +55 48 991407051
https://www.jamesrocks.com.br/
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ErickViana
2/6/2023 06:57 EST
I recommend that you transfer the money as a donation to a trusted relative in Brazil. Then make the payment in the name of the relative, but the data of the good, in this case, the property, is in your name. Less headache and a little more money to buy the property.
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