What happens if the Nomad Investment Account holder dies?

As American law provides, foreign person who has an investment account opened in the USA and dies will suffer a 40% tax collection on the balance available in the account, so that the succession of the values ​​is carried out. Accounts with a balance of up to US$ 60,000 are exempt from this tax.

Regarding the legal procedures necessary to transfer ownership of these values, we recommend that you consult with specific specialists in this matter.