When you're living abroad you may have to eventually transfer money from the country you're working in to a different country. And how can you get this done?
Let me tell you,if you're in Brazil it is not easy! And it doesn't matter where you're trying to send the money to. It makes no difference. It's your money, right? You've paid your taxes, right? Then why is it so difficult? One word: Bureaucracy! Every penny that leaves Brazil need to go thru the Central Bank and they demand a lot of paperwork to get this done. It can be very frustrating. In our case, bringing money back has been a nightmare. We worked there for a while. We always paid our taxes. We brought money in to invest in the country. But now we can not get it out! And it makes no difference whether it is a lot of money or just a little bit. The bureaucracy is the same. So can you imagine having a relative in a different country who needs money for an emergency and you, having the money, not being able to help? Even if you have an account on Citibank, or Bank of Scotia, or Santander, it won't help. Period.
In Mexico it is much easier to send money to the US. I don't know how it is to transfer money to other countries. Because of the NAFTA Agreement, the free trade agreement, it is very easy to wire money between these 2 countries. Small amounts, large sums, it doesn't matter. As long as you pay your taxes you can do whatever you want with your money. And I really believe this is how things should be.
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