Investing in Brazil: which etf and inheritance tax

#1

I’m Brazilian and almost all my investments is in my country. This year I’ve opened an account with Avenue and I’m buying VTI since using it. So, all my assets outside Brazil will be VTI. Questions:

  1. I’m aware that there are a huge amount of ETF/stock in the US but it’s difficult for me to dig into this. So I’ve tried to pick some total market index. Are there better ETF for this purpose?

  2. As far as I know, there is a ~40% inheritance taxes in case of death for US$ 60k for non-residents. So, do anyone know if this applies only to US assets or also to other assets traded in the USA through ADR?

Thanks!

#2
  1. VTI is great, but it’s just US stocks. If you want to take a more global approach, I might look into VT
  2. I really have no idea about Brazilian tax law… sorry!
#3

Thank you for your answer.

About question 2, this is not a Brazilian tax. It’s a US tax for non-residents investors: https://medium.com/datadriveninvestor/naivety-when-buying-us-stocks-beware-the-us-estate-tax-a30c0fee12a5 . My question was if it applies only to US Assets or if they also applies to ADR (american depositary receipts) traded in NYSE.

But this is a very specific question/situation, it probably is not the focus of the community.

Anyway, I appreciate your efforts teaching in Instagram. It’s a wonderful page!