Declaring Goods in Brazil
Brazil is pretty infamous with its importing regulations and taxes, in fact so much so that Nintendo recently ceased operations in Brazil due to import taxes.
I'm traveling to Belo Horizonte in a few weeks, and I'm going to be bringing my friends some Nintendo electronics as gifts. I understand that I can bring up to $500 USD worth of goods into the country to be exempted from the 50% import tax.
A few questions:
- What kind of form do I have to fill out for the gifts I am bringing and how do I identify the items (i.e., will generic term such as "video game" work)? Do I fill out documentation in English or Portuguese?
- What kind of documentation do I need to provide for the value of the items? Or will they just take me at my word that the Nintendo system I am bringing costs $199.99? Do I need to know the value in USD or BRL?
If anyone has any specific experience with the customs experience at CNF (Belo Horizonte) in particular, I'd be interested to hear about it.