Accounts that are opened with automatic registration validation without the need of showing documents (RG/CNH and Proof of Residency) will have an exchange limit of US$ 3,000/year;
In the other hand, accounts that need to show documents in order to proceed with the account opening, will have an exchange limit of up to US$ 18,000/year. Documents: ID card or Driver’s License with maximum of 20 years since date of issue, proof of residence for the last 3 (three) months, in your name. We will not accept proof of residency on behalf of third parties (except on behalf of your spouse or on behalf of your parents if you are single).
For higher exchange limits, it will be necessary to send your last income tax return to us, so that the limit is adjusted according to your declared values plus the receipt of this declaration. In case of partial or total return of the capital sent abroad, the limit for new remittances is updated.
To calculate your exchange limit based on your Tax Report, the amounts received in the last year plus the total value of your net worth (shares, funds, savings and other liquid investment products) will be considered. For this reason, we suggest sending the complete declaration plus the delivery receipt, because when you send the complete declaration we are able to establish a limit based also on your investments.
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