As an American angel investor, what would it take for you to invest in a Brazilian startup?

David S. Rose
David S. Rose , Founder and CEO , GUST INC.
29 Dec 2013

I would be unlikely to invest in a Brazilian startup at this time because I have absolutely no background or knowledge of the local market, I don’t speak Portuguese, I would be unlikely to be able to attend board meetings or even visit the company, and finally because there are issues relative to double-taxation under US and local tax codes that make many international investments challenging.

I believe that it will take the emergence of more fluid information, on-the-ground trusted relationships, transparent systems, and improved investment infrastructures before significant cross-border startup investing will take place. The good news is that I think this is all coming, and I would be surprised if within five years or so I wasn’t able to provide a different, more positive answer to this question.

Gust Launch can set your startup right so its investment ready.


This article is intended for informational purposes only, and doesn't constitute tax, accounting, or legal advice. Everyone's situation is different! For advice in light of your unique circumstances, consult a tax advisor, accountant, or lawyer.