I have more than US$1 million invested abroad. What do I need to submit in my tax form?

In addition to filing the IRPF, the regulations of the Central Bank of Brazil (BACEN) state that individuals residing and corporations operating in Brazil must declare the assets or rights that have:

1. An amount equal to or greater than US$ 1 million (or equivalent in other currencies) annually (on December 31 of each year); or
2. Every four months, an amount equal to or greater than 100 million US dollars (or equivalent in other currencies) (March 31, June 30, and September 30).

To submit this information, you will use the "Declaração de Capitais Brasileiros no Exterior" (DCBE) form.