Expat in Brazil — how to receive my US salary?

Knowledge Hub · Estrangeiros no Brasil

American and European expats living in Brazil face a frustrating dilemma: they earn in a strong currency (USD/EUR) but need BRL for daily expenses. Traditional options are expensive and slow.

Common pain points: company pays to US bank account, then expat does expensive wire to Brazil. Employer refuses to wire directly to Brazilian account (compliance concerns). Lost 5-8% between spread + IOF + wire charges every month.

How OZAV solves this: The expat keeps their OZAV US virtual account (routing + account number) as their salary deposit destination. When they need BRL, they convert on OZAV at near-interbank rates and receive via PIX in their Brazilian bank account — instantly. No SWIFT charges, no multi-day delays, no absurd spreads. The best of both worlds: keep earning in dollars, spend in reais at the real exchange rate. Set up at ozav.io.