i read a little about investments with the banks in brazil...such as: CD'S (certificate of deposit) here in the states ....i get around 3.8-4.2% on my returns....my savings acct is about 5.2 %....i read that savings acct in brazil is less than 1 percent....how about the CD's? what would i receive in return for CD's?? any other investments (other than stocks) that could return a rate over 5 %?

Hello Phil,

A very important note on comparing return percentage in the United States and Brazil:

in the States return is calculated and stated as annual while in Brazil it is done most often on MONTHLY basis.

Presently, there are numerous CDs, and Fixed Income funds in Brazil that can easily provide you with 10+% annual return rate.

so could one possibly keep their money (and invest it in cd's etc) in a US account (for apprx 3 months)gain some increase and then transfer the gain into the brazil account (use for income)?

basically what im saying is.....by the time i retire i could accumulate a minumum 20,000 USD a year off (cd's etc) so i would want to use cd's as a source of income...

For anyone wanting information in regards to ivesting in Brazil and or offshore tax implications returns etc. Please feel free to email me on charlesburrows@vn-am.com

Best Regards,

Charles Peter Burrows
Senior Account Manager
Private Wealth Management
Vila Nova Asset Management
Tel: 00-55-11-3841-2555
Fax: 00-55-11-3841-2550
www.vn-am.com