EXPATS IN BRAZIL · BRAZIL, 26 MAY 2026

Key Facts

—Tesouro IPCA+ bonds currently yield 7–8% real above Brazil’s IPCA inflation index — TIPS yield ~2.3% real

—The minimum investment is approximately R$30 (~USD 5) — there is no practical capital barrier to entry

—Foreigners need a CPF + Brazilian bank account + registered brokerage account to access Tesouro Direto directly