B
Bashar
New Member
i bought a property in Brazil last month when i was visiting brazil, and i'm wiring the money from personal account in the U.S keeping in mind that i want to be able to get the money out of Brazil after i sell my property in 2 years or so!I understand that i have to insure that money I'm wiring has to be register in the country via Central baco do brasil to do so.
My issue is how it can be done!? My seller telling me that only thing i have to do is to wire the fund to his bank ( Caixa Federal Economia) it a Federal Bank, and it would atuomatically register in the Central Banco do brazil! is that true?
Some other stuff i read suggested the fund has to go ONLY to "Banco Do Brasil" because it's a government bank and that would take care of everything with noticing the Central Banco do Brasil.
Your input is muchly appreciated.
Bashar.
My issue is how it can be done!? My seller telling me that only thing i have to do is to wire the fund to his bank ( Caixa Federal Economia) it a Federal Bank, and it would atuomatically register in the Central Banco do brazil! is that true?
Some other stuff i read suggested the fund has to go ONLY to "Banco Do Brasil" because it's a government bank and that would take care of everything with noticing the Central Banco do Brasil.
Your input is muchly appreciated.
Bashar.