Brazil: Digital Nomad Visa (January 24,2022)
[QUOTE=Mimic86;2656188] [b]Nomad Visa.[/b] Looks like Brasil has a new visa. Wanted to share. Anyone know tax implications when working remote abroad? Are they allowing you to work tax free?
[URL]https://www.fragomen.com/insights/brazil-digital-nomad-visa-introduced.html [/URL][/QUOTE] The Brazil Digital Nomad Visa, looks very interesting and very promising. Thank You! Nice find, BTW.
Several BMs have in the recent past (especially during COVID-19), asked about working from Brazil in a legal capacity, this may be of some help.
Not sure, what taxes are you referring to w/r to [i]"work tax free"? [/i] Wouldn't that be a tax function of your home residing country?
The minimum requirement of just [b]USD$18K [/b], in you bank account, in order to work from/stay a year in Brazil, is very enticing, indeed.
Also the visa is [i] "...renewable for the same period if the applicant continues to meet eligibility criteria (including a clean criminal record)."[/i]
VISA requirement for US citizens
My quick search tells me that, US citizens does not require any kind of visa to visit and stay in Brazil for 10 days. Can someone confirm? (apart from ANVISA that I need to do no prior than 24 hours of boarding).
The million-dollar question
[QUOTE=Spidy;2656386]The Brazil Digital Nomad Visa, looks very interesting and very promising. Thank You! Nice find, BTW.
Several BMs have in the recent past (especially during COVID-19), asked about working from Brazil in a legal capacity, this may be of some help.
Not sure, what taxes are you referring to w/r to [i]"work tax free"? [/i] Wouldn't that be a tax function of your home residing country?
The minimum requirement of just [b]USD$18K [/b], in you bank account, in order to work from/stay a year in Brazil, is very enticing, indeed.
Also the visa is [i] "...renewable for the same period if the applicant continues to meet eligibility criteria (including a clean criminal record)."[/i][/QUOTE]There is the issue.
1) Will the company you work for face tax issues if they allow you to work in Brazil for 1 year.
2) Will Brazil expect you to pay taxes on the money you are earning from your employer.
I think last year there was a big issue with an America female who was deported from Bali, Indonesia. She was on Instagram daily, bragging about what an amazing lifestyle she had in Bali while working remotely from her laptop. When the authorities caught wind, they deported her for not paying taxes. She was complaining that they kicked her out of the country because she was a lesbian.
Nomad Visa and work related taxes?
[QUOTE=Bravo;2656403]There is the issue.
1) Will the company you work for face tax issues if they allow you to work in Brazil for 1 year.
2) Will Brazil expect you to pay taxes on the money you are earning from your employer.
...[/QUOTE]
Okay, I get it now! The [i]"work tax free"[/i] question that Mimic86 asked, was referring to your bulletin point #2.
I assumed (perhaps wrongly so), that the point of this visa, was to win-over, recruit and more importantly [b]KEEP[/b] "butts in Brazil" or foreign nationalist with "boots-on-the-ground" (for lack of a better term), spending tons of money in their local economies. Spending for their domestic living arrangements and ONLY pay local taxes (if any), related to things like housing, and transportation. Basically take advantage and benefit from this worldwide "nomadic" virtual workplace trend. But perhaps NOT!
I did read on some more and in the "Background" section, under [b]"Remote work visa warning"[/b], it warns that tax law implications may exit but states, "In countries where remote work is unregulated...". Again I assume the purpose of this Nomad Visa is to regulate such work activities in Brazil.
Anyway, what can say, is that it's early days (visa began on Jan 24th, 2022) and will watch for clarification, in the days to come.