Hello... I'm a dual citizen, my husband is an American citizen and our children are dual citizens. We are planning on moving to Brazil next year and my husband will have a resident visa. We will be selling our house here and taking that money to Brazil with us to invest. Brazil said we do not pay tax on this money and we obviously already paid taxes on this money here in the US. My question is how would the interest earned on this money in Brazil be taxed? Do we pay tax both in Brazil and in the US?
Thanks for your help!!