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Hello Vinicius, good evening.
First of all, congratulations on the content published on this site, it has a lot of valuable information and is very enlightening. Thank you.
My son, who lives in Ireland, filed a retroactive DSDP this year for his departure from Brazil in 2019. From 2019 until now, he has a bank account and a small investment in a brokerage, some shares, DI funds, Treasury Direct, etc., which in total does not reach 10 thousand reais.
I learned from your website that people who have DSDPs cannot have bank accounts or investments in brokerage houses.
In this case, he needs to open a CDE account, but it's expensive to maintain, especially for a small investor. Is there another way out? What happens if he doesn't open the CDE account? I'm his proxy/representative here, could I manage his accounts without having to close them?
Vinicius Tersi is a lawyer, specializing in International Tax Law.