Hello to whoever is reading this who is a retiree from any non South American country now living on the so called RETIREMENT VISA in Brazil - hence those who would know first hand how it all actually works, right??
Yesterday i read through another forum thread on this very subject (here at expat.com, but can't find it anymore today) that mentioned stuff like "we did not arrange a monthly bank transfer of our pension in our home country to a Brazilian bank because they do funny things .. like astronomical exchange rates or what have you" - and i got curious since i am a retiree who's looking at this type of visa because my Brazilian GF still has a couple of years to work in BR before she can retire (and thus travel abroad) herself.
So, my 2 main questions would be:
1.
Is the above really possible (after proof of pension plan is validated by the authorities i mean)??
This i would love to be able to do because indeed, opening a bank account in BR - from what i heard from other "estrangeiros" in BR - is pretty crazy as such, but also the rip off exchange rates are a total no go if anyway possible, better just leave the money in my home country and use my ATM card and arrange to pay my rent bank-to-bank to an owner with a bank account also outside of Brazil.
2.
Once you have such a retirement visa and live in Brazil, do you have to pay taxes on your pension from abroad?? (That would be a deal breaker for me).