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    Dr. Tersi,
    With regard to investments by individuals abroad, I see that there are different interpretations in the market:
    1) investments in the financial market abroad would only be taxed when the investment is fully or partially redeemed, but there is also the interpretation that the investment would be taxed according to the variation in the final capital of each year.
    2) With regard to real estate, would the tax be levied only on the sale of the property or would it also be levied every year?
    How do you see these points?
    Thank you,
    Fernando

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Hi, I'm Vinicius Tersi, a specialist in international tax law.

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