Baby Boomer Lifeboat   

    Tips for Comfortably Retiring on a Tight Income

Baby Boomers can still retire, even on a tight income, by taking steps to stretch their dollars! 

Tips, ideas and advice for making Baby Boomer retirement income go further!

 

       Home     About Us    Advertise Here    Articles   Home Biz   Unique Boomer Gifts    Contact Us    Free Classified Ads    News    Press


Click here to go to Baby Boomer Lifeboat Home page. Use menu below to learn about alternatives available to Baby Boomers seeking to retire on a limited or fixed income.


Reduce Automobile Costs


Helpful Books


FREE Classified Ads


Affordable Dental Insurance


Dating & Entertainment


Cut Your Food Bills


Boomer Beauty, Fitness & Aging


Boomer Health


Shopping Health Insurance


Start a Home-Based Business


Cut Household Expenses


Low-Cost Housing


Life Insurance Strategy


MLM Opportunities


Baby Boomer News


Parental Care Issues


Relocate to a Lower

Cost of Living Area


Baby Boomer Resources


Retire Abroad


Managing your

Retirement Savings


Social Security

and Baby Boomers


Inexpensive Travel


Upside-Down Mortgage?


VA Benefits


Vision Care on a Budget


Volunteering


Work Part-Time


 

Baby Boomer Retirement in Brazil

by Kathleen Peddicord

If you're in the market for cheap beachfront property, this is the place to shop. Crime is the country's biggest drawback, but south from Ceara to Natal, you can enjoy super-cheap coastal buys in safety.

Brazil is self-sufficient for fuel and making a continued big push for bio-fuel (from cane), even passing legislation requiring car manufacturers to modify vehicles to run on it.

Furthermore, Brazil stands out as unique in this part of the world. It has managed to maintain a socialist government while sticking to sound 21st-century business and economic policies. One of our editors' top picks both for lifestyle and investment in 2008.

 

Learn more at "Live and Invest Overseas

 

Brazil in general is not easy to navigate if you don't speak Portuguese. You can muddle your way through with Spanish, but, if you speak only English, I think you'd feel frustrated and isolated living here, not only because of the language hurdle, but also because you'd find precious few fellow expats to pal around with.

So, I say again, this isn't a place I'd recommend for retirement, certainly not for retirement on a budget. If, though, your agenda is a new life of challenge and adventure, come take a look. The beaches (Brazil's trademark attraction) are what you imagine them to be (that is, long, deep, and powder soft). And the economy is booming. The entrepreneur will find opportunity.

 


View Larger Map

Brazil at a Glance

Population 198,739,269 (July 2010)
Gross Domestic Product (GDP) $2.013 trillion (2009)
GDP Per Capita $10,100 (2009)
Inflation Rate 4.2% (2009)
Currency Brazilian Real (BRL)
Exchange Rate Versus U.S. Dollar 2.03 reals = 1 U.S. dollar (2009)
Language Portuguese (official)
Capital Brasilia
Population of Capital City 2.55 million (2008)
Time Zone GMT minus 3
Seasons Tropical--wet, warm/hot year-round.
Southern tip: temperate with four seasons
International Dialing Code 55
Electricity 110/220V / 60 Hz; Plug Types: A & B (U.S. style), C
System of Government Federal Presidential Republic
Name and Party Affiliation
of Current Leader
Luiz Inacio Lula da Silva
Worker's Party
Income Tax Rate for Residents 7.5% to 27.5% (2010)
Property Tax 0.5% to 4%

 
Capital Gains Tax 15%
Inheritance Tax 8%
Rental Income Tax 15%
Transfer Tax variable depending on location (in São Paolo it is between 0.5% and 2%)
Sales Tax 17% to 25%
Restrictions on Foreign
Ownership of Property
 
Local Chamber of Commerce www.cni.org.br

SBN-Quadra 01-Bloco C- Ed. Roberto Simonsen

Brasilia-DF-CEP:70040-903
Tel: +55-61- 3317-9989

American Chamber of Commerce www.amchamrio.com.br
Praça Pio X nº 15 / 5º andar
Candelária, Centro, Rio de Janeiro
Tel: 55 (21) 3213-9200
Primary Exports Transport equipment, iron ore, soybeans, footwear, coffee, autos
Residency and Visa Requirements Tourist Visa: It needs to be acquired at a Brazilian Embassy/Consulate
Residency: Businessman/Professional, Entreprenuer,Investor, Retiree, and High-Level Specialist visas
Citizenship: uninterrupted residency of 15 years and clean criminal record; Investor Visa holders can apply after 4 years of residency
Special Benefits for Foreign Residents or Retirees none
National Airline VARIG
www.varig.com

Argentina

Belize

Brazil

Costa Rica

Dominican Republic

Ecuador

Mexico

Nicaragua

Panama

Uruguay

   

Information on this page is provided in partnership with Kathleen Peddicord, Publisher of Live and Invest Overseas.

Stay informed - Subscribe to the FREE Baby Boomer Lifeboat Newsletter and Receive a FREE eBook:

Subscribe to our FREE email newsletter and receive a FREE ebook, The Ultimate Baby Boomer's Guide.

Subscribe to our Newsletter

Strict Privacy Policy

 

Recommend this Site

to a Friend!

 

Visit the Baby Boomer Lifeboat Facebook page for valuable articles and comments.

 

Baby Boomer lifeboat LinkedIn page

 

Boomer home-based business advice and ideas.

 

 

 

Bookmark This Site     Forward Site to a Friend     Disclaimer     Privacy Policy    Boomer Links     Sitemap     This Website  

Copyright 2008-2015 by Pacifica Endeavors LLC.  All Rights Reserved.