Brazil has become a very popular retirement destination, particularly for North Americans. Retirees are attracted by the warm climate, pleasant environment and low cost of living, especially the very reasonable cost of property. However, under the Brazilian visa requirements, a retired foreign national must transfer to Brazil at least US$ 2,000 per month; a deterrent for many potential expatriates.

Brazil has double taxation agreements with a number of countries and if covered by one of these you will not be charged twice on your income, including your pension, when living in Brazil. Brazil currently has double taxation agreements with Canada, the UK and many other European countries, but not with the United States.