tols said:
Hmm. On point analysis. You must have finished with a first class for being so analytical. Was wondering why you wanted to sell your properties in Brazil when you have your settlement fund to spend. Thought you are one of them that would forget your home country after seeking ends meet in a different land but with your explanation I am convinced you are just being business minded.
The whole idea is: as I'm going to rent my apartment, there is no point on leaving behind all of my appliances/belongings, as I'm not going to be using them anymore. In Canada (and the US for that matter), most rental places come with the basic appliances for survival - fridge, stove/oven and washer/dryer. That is not common here in Brazil. Rental properties, most of the times, are completely empty. The person renting it usually provides all of that. Mine will be a bit different as the whole apartment has custom built cabinets/storage space. That is a huge bonus for those looking to rent, which also allows me to charge considerably more when compared to the same unit, in the same condo, without storage/cabinets.
Tenants here in Brazil tend to do a lot of damage to rental properties. Now, imagine if I'm to leave all of the appliances in the apartment?
They'll all be gone within the very first contract.
I rather sell them all, while they are pretty much still new and not outdated (not even 2 years that I bought them all), then have to fix/replace them at a later date.
Regarding the settlement funds, I never planed on leaving the country with the minimum amount required only. My wife kinda convinced me not to sell the apartment (which I still think is a better option, but, there's no reason in discussing with "the boss" LoL), otherwise I'd be bringing over C$ 100k.
I'm going to try and cash in on everything I can. I'll try and sell decoration pieces, bed linen, DVDs, games, kitchen pans, in summary, everything I won't be bringing to Canada with me.
That's not much of a business principle/plan from my end. It's more of a practical way of thinking. There's no reason on leaving my car, for example, collecting dust, stored away at some garage, if I'll be thousands of kilometers away from it, and won't be using it. I pretty much have a price tag on everything "movable" in my house already. Just waiting for my PR visa on my passport so I can upload all photos of the items to a website I'll create and start to advertise/sell it to friends/family/neighbors.
These items cannot be used as proof of funds, but they surely are a pretty valuable asset! They did cost me a lot of money to buy, and I won't be giving them away...
edit: I didn't get this sentence of yours
You must have finished with a first class for being so analytical
What did you mean by that?