The real costs of international investing: capital controls, currency risk, and US PFIC rules

dunkhippo33 · x · 2026-10-06

Part 5 of Elizabeth Yin's thread acknowledges the downsides of international investing: some countries make it painful for foreigners to invest with heavy paperwork and legal costs; capital controls exist; currency risk is real; and US investors face PFIC tax complications. A balancing counterpoint to her case for backing founders outside Silicon Valley.

Related event: Investor recalls Shopify's early days when a $50M exit seemed the ceiling(4 posts)→

Original post →

More from Venture

Venture channel →