So I cannot be employed while we live in Brasil. Several reasons. 1 I don’t have a work permit. 2. Brasil taxes my husband on his international income of both him and his spouse. So any money I make (even as a Consultant in the US) he would be taxed on (heavily of course). This is after we have already paid the US government. Thankfully as an expat his company provides a tax accountant, and will take care of the whole tax issue of double taxing, etc.
The hubby says it seems that everyone’s favorite pastime is complaining about taxes . As a country they certainly love to tax everything. Most everyone knows all imports are taxed at ~40%. This is what makes the cost of living in Brasil so high, and why I’m sure a good smuggling racket could pull in some good money.
We just learned about some of the other nuances of Brasil. You can see a break down of the various taxes that will come out of your check here.
A few interesting things my husband has encountered:
- Employees receive a debit card for $420R a month for lunch *not sure if this is just unique to his firm.
- All employees below Manager status get paid overtime – salary or not. *too bad my husband is a Manager now.
- All employees are REQUIRED to unionize. So you lose 1 pay-day out of a month for dues.
- Brasilian law calls for a 13th month salary to be paid at the end of the year, plus the vacation bonus equal to 33.3% of the monthly salary.
- Employers deposit 8% of the employee’s monthly salary into an account that earns interest and is monetary corrected (FGTS). In the case of termination without proper cause, the employee gets the fund plus another 40% contributed by the employer.
- Transportation Vouchers are given out and there are other mandatory benefits.
- He gets 30 days of vacation ON TOP of all of the Brasilian Holidays.
In the end, our extreme fiscal conservaty is at odds with a country that is fairly socialist.
Currently, we are still waiting to get into our new apartment. Paperwork still needs to be signed by our company to “guarantee” us with the landlord. The landlord has us a sign a 30 month lease (legally required by Brasilian law), and he cannot kick us out. We can cancel the lease of course after 12 months.
My hubby also needs to get some money in hand to pick up his car. He again needs the company to help in getting him set up with a local bank account…. so yes we still don’t have a car, and we still don’t have an apartment.
However, here is the apartment we want.
Maybe we will finally be able to get it before the end of the year! Wish us luck.