Thanks for the replies. Some clarification: we do own the .com domain. I was only able to get the ccTLD for brazil, not for any of the other markets we are targeting. For the other markets I have to use a subdomain or folder. I am still debating whether to set up the brazilian site on the ccTLD or to set it up on the .com (w/ subdomain or folder) and just redirect the .com.br to the .com.