Market Bites

In this episode of MarketBites, Director Rodrigo Loureiro and Associate Director Renan Lopez sit down with Pedro Olmo, founding partner of STEM MFOL, to discuss recent changes in Brazilian tax legislation and what they mean for family wealth planning.The conversation explores a trend that’s gaining momentum. While some families are considering relocating abroad, many more are choosing to internationalise their portfolios as a strategic way to manage risk and protect wealth from volatility.Pedro explains that changing tax residency is rarely a simple solution, particularly for entrepreneurial families with active businesses in Brazil.The episode also highlights an important shift in mindset. For Brazilian families, internationalisation is no longer viewed purely as an investment strategy- it is increasingly becoming a practical “Plan B” in response to evolving political and tax uncertainties.

In this debut episode, Renan Lopez and Rafaela Marchese explain the recent changes to Ultimate Beneficial Ownership (UBO) legislation in the British Virgin Islands.📌 Key highlights:Compliance deadline extended until the end of the year.Definition of UBO.New obligations, deadlines, and penalties.Importance of maintaining a close relationship with your registered agent and ensuring records are continuously kept up to date.