Hello everyone,
I am writing this on behalf of a wealthy family member of mine who lives in Brazil. He knows that I am a passive investor and a Mustachian, and reached out to me with this question and request for advice.
He is expecting to sell a work of art and earn RS$800,000 from it, a little over $145,000 in American dollars. He is wondering how to begin investing in Brazil, but all my knowledge is US and Canadian-centric. There are plenty of brokerages in Brazil from a cursory Google search, but do Brazilian investors have the choice to invest in ETFs and mutual funds that are low-cost (or at least as low-cost as Brazilian funds can be) from Vanguard or some similar fund company?
I can provide more information if necessary, after relaying the questions back to him.