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Hi,

I would like also interested to have a certified information about that because it's no simple to move and live to Brasil and buy a flat ou house and more complicate to resell it later in case of necessity !

Brgds Michel ,from France.

11/14/22 Welcome, Michel!  Here's the official information from the Brazilian Consulate-General in Paris:

@ltoby955

Boa noite!

I gave the consulate in Chicago, IL USA all my retirement income information along with my letter on bank letterhead, as previously mentioned in one of my other replies to you.  I received my Retirement Visa from the consulate there; good for 2 years.  I have received my RG card (national Registration) and then opened up a bank account here back in August.  I am transfering and depositng the $2000 a month into my account here with WISE.  We use the funds for bills and other needs. I don't transfer any money back to the USA, because I just leave the rest of my funds in my USA account for the few remaining bills I have there. I have no idea if the government is monitoring my bank account. Or not.  I suppose I will have to verify all of this at some point when my Visa needs to be renewed in 2024. 

Hope this is helpful. 

Martin

@MA22 Thanks for the reply, this will take pretty well my entire income here and I have to service some bills back in Portugal. I will be living with my girlfriend here so we will have more than enough to cover those bills. She own her own property here and I own my own property in Portugal.

That is much clearer.

Just another thing that sprang to mind, is there a cover value for the health insurance, or can basic cover suffice for the application?

11/14/22 @abthree I also took a look at that, can't understand why they want death pension income if you are dead you don't need money anymore, seems a bit crazy that part abthree?
-@ltoby955

I interpret that as meaning "survivor's pension", which exists in Social Security and some private pensions in the US.

@abthree Ah OK, we don't have such a thing in Europe. There is a widow's pension but not being married this doesn't apply.

11/14/22 Just another thing that sprang to mind, is there a cover value for the health insurance, or can basic cover suffice for the application?
-@ltoby955

I'd try with basic coverage, i.e. hospitalization and major medical only, and see whether it flies with the Consulate.  Make sure that you can cancel at any time.  You can raise it if they insist, then get local coverage as soon as you get here, and cancel the international policy.  Just an opinion.

@abthree Ok many thanks.

@ltoby955

My consulate did NOT have Health Insurance Listed as a requirement for the Retirement Visa.  So, I did NOT have to submit anything there in Chicago. I did buy some in advance of arriving here though, because other places list this as a requirement. I only had the Basic as abthree has stated; Hospitalization, accidents and Urgent Care. NOONE asked for this at all in immigration when I arrived or at my meeting with the Poilicia Federal for my RG Card.  After some exploring here, I found a reasonable Private Health plan (Hapvida) that covers all the major areas, in addition to regular Doctor Care, specialists, and a separate Dental Policy. 

11/14/22 @MA22.  Martin, we use Hapvida, too, and I've been pretty satisfied with them.  Neither of us have had anything serious yet; I had a bad gout attack last year and they were fine with both treatment and physical therapy, though.  My husband's grandmother was treated for cancer and they did a good job.  We're fast approaching her 5-year cure date.

I'll be interested to hear about your experiences with them.

I wasn't asked for health insurance either by the consulate in Houston or the PF in Niteroi with my Vitem XI.  My retiree health insurance here in the US is good internationally, although I'm considering dropping it, getting insurance in Brazil, and using travel insurance when visiting the States. 

Is it required to send the $2000/month to Brazil on the retiree visa or just show proof that you meet the threshold?  It may be better from a tax perspective to limit the amount transferred into the country and just pay with an international credit card or withdraw from your home country bank.

It also seems that they don't tax pensions is that also true?

I'm not exactly sure how the taxation will be handled on different sources of "income".  With some countries there are treaties in-place to avoid duplicate taxation.  The US (and a couple of others) there is not an official treaty but apparently recognize the issue to avoid double taxation.

hi all!

I am on a permanent visa due to being married... no retirement visa...

in my case, there is an agreement  between France and Brazil.. not a good one,  since they agreed that for a french living in Brazil, he would be first taxed in france on his retirement pension, and then again in Brazil, this last with deduction of what would have been paid in France... :-(

I do not know about usa pension?

it would be good to know if the 2000 us$ threshold  is just required for the visa request, or if you do have to transfer this amount every month?

cheers!

Ok, my pension is paid from the UK but as I am a Portuguese resident my taxes are calculated there, My pension is tax-free there.

@madrac

I'm not sure if they require you to send it to Brazil every month or not!  I've been sending it, but I don't know if someone will be checking this a t some point?  When I apply to renew my Retirement Visa in another 1.5 years?  Anyone else have experience with this?