Can I get permanent residency for my family as well? One year of official legal residency is considered at least 6 months plus one day of stay in the country out of each year, not necessarily as a continuous stay. How long is the investor/director visa valid for? The visa allows a foreigner to live and work permanently in Brazil. Official visa. Nevertheless, the individual may remain in the country after three years in case some requirements are met during this period. This means that you cannot buy a property before opening your company, otherwise the money you invest in the property will not count as foreign investment. If you have a Brazilian spouse, child, or parent, you can apply for citizenship after one year. What are the requirements for obtaining citizenship? Getting a Brazilian investor visa will allow you to live and work permanently in the country. In order to renew the visa, you need to keep the minimum investment amount in the country. Proof Of Identity (Valid Passport with an expiration no less than 6 months away). We were established in 2008 and since then we help foreign organizations and entrepreneurs set up operations in Brazil and obtain investor visas for their shareholders/directors. No one can 100% guarantee that, and although it's not a complex process, it might take a little longer than that. Scientific research visa. There is no limit to the number of properties that investors may bear as long as their combined value exceeds the minimum investment. Also, the money remittance needs to be linked to the company through the Central Bank’s company register; otherwise the whole operation will not be considered as a foreign direct investment operation. ● Ability to read and write elementary Portuguese. SISBACEN – declaratory registration of FDI Foreign Direct Investment in Brazil’s Central Bank or the Exchange Contract issued by the bank of exchange that receives the investment. Immediate. bank interest), which can be taken out at any moment without affecting your hold of the visa. Further Reading. When the investor visa for the applicant is issued by the Brazilian consulate, that will give your family members permission to come to Brazil where on first visit you will get your protocol of National ID (permanent residency card). a. Annual Report & Meeting Tell me more about the Annual Report and Meeting. Public sector jobs in the country have higher average salaries than jobs in the private sector and they offer a multitude of attractive benefits on top of that. Is Brazil a good country for expat retirement? ● You must be able to pass a background check for criminal conduct 3. The first renewal is after 3 years and you will receive the new document in about 90 days, but in the meantime you will be instantly given a protocol number which can be used temporarily as a document. You can also invest in stocks and even put in a savings account at a fixed interest rate. Meanwhile, we maintain your legal entity in good standing. This article aims to answer a few of those questions, in order to provide the correct information that may help you on your decision to apply for an investor visa in Brazil. This whole process can take up to 6 months. Business investment in a brazilian company (investment plan in a new business or in the expansion of an existing one) Processing time. A new Brazilian immigration law was stablished in November 2017. Another avenue to permanent residency is via an investment visa. Two years for those possessing certain professional, scientific, or artistic skills specified by the Ministry of Justice, and three years for individuals of high net worth or company owners. Business Incubator & Local Representation, Interim management & Corporate Secretarial. Yes. Can I transfer my investment to a Brazilian individual instead? The investors must first set up a new company in Brazil, and only when the company has been formally established and the investment received, they must apply for the visa. From there, and through your entity, you can choose to invest the money as it pleases you, including real estate property, bank investments, stocks, etc. Questions such as when should I move to Brazil, how should I send and apply the investment and what documents do I need to prepare are very common to occur, and if not clarified with the correct information can lead to a visa denied notice, as well as waste of considerable amount of time and money. Brazil’s Investor Visa. However, your permanent residency is linked to your status as an investor in the country. Diploma), Can I leave the country during my residency period? 118 of 2015. It is also important to clarify that not one single step for the investor visa procedure requires the presence of the foreign investor in Brazil.All the steps can be done through a representative by issuing a Power of Attorney with specific powers of representation for the visa procedure. Investor visa holders may apply for Brazilian Citizenship after 4 years of official legal residency in Brazil for normal cases or 13 years in special cases. 1. This new resolution brings new rules pertaining to the investor visa procedure in Brazil, such as a new amount of foreign investment required and special rules for startup companies who work on the innovation and technological sector, for example. You are a student and are under 25 years ofage They can come when they become eligible, but will only need to come in person to get permanent residency card or citizenship, as that can't be done remotely. How many visits do I have to make to Brazil until I get citizenship? My parents are not financially dependents on me, how could they get a resident visa? Next to the United States, it is my favorite country in the world. Confirmation of the payment of the individual immigration tax. We then open an exchange account and proceed for the investor visa. Investor Relations. 5. Business Plan ● Proof of uninterrupted residence in Brazil for at least four years prior to applying. An alternative solution for this problem is to use a temporary address for the company procedure, and then invest the money on a property after the company is open (Please see our article on buying real estate in Brazil for more information). However, not everyone can apply. Foreign investor permanent visa. Here is a typical list of documents you can expect to be asked to provide: Your passport; One colour passport … The investor visa procedure in Brazil is governed by the National Immigration Council’s (CNIg)with a new Normative Resolution from 2015. How many times do I have to renew my permanent residency before I get citizenship after 4 years? Personal investment in Brazil (i.e. Brazilian Foreign Investor Visa Program. In a past article, we wrote about the Brazilian visa for investments in real estate. The investor visa procedure in Brazil is governed by the National Immigration Council’s (CNIg)with a new Normative Resolution from 2015. Yes, many times. Included in the proposal we will send you at first, we only do the investor visa & permanent residency. Brazil Investor Visa. Now, it’s time to look at yet another type of investment visa. Here is a list of those countries and some steps to take if you qualify. Address: 445 R. Peixoto Gomide - Bela Vista What is the procedure for obtaining a permanent investor visa? There is no minimum stay period other than that. Stay informed - subscribe to our newsletter. The E-2 is only for investors from countries that hold a treaty with the United States. What are the required documents for the entire process? Therefore, in order to renew your documents, the authorities will periodically check if you have kept your investment in the country; if it has been repatriated, you visa may be annulled. c. Academic credentials (e.g. If you would like to know more about the investor visa in Brazil or if you are interested in bringing your business to the country, please contact us, we from Botinha & Cabral have large experience on this subject and would be glad to assist you on your endeavors. Certificate of Good Conduct. After becoming 60 years old, it will be no longer necessary to renew it. *** This step may take between 1 to 2 months depending of the Commercial Board requests, especially when the company has a foreign shareholder. News. After th… The cases of financial dependency and need of support shall be proven by means of a court decision or a statement issued by a competent authority. Minimum Investment. You can check it out here . Just try to immigrate to Brazil once and you will understand the value of the Brazil Investor Visa Program.Residency by Investment Programs are usually the affordable solutions for the wealthy, but the Brazil Investor Visa Program is a cheap one. The basic breakdown of the procedure can be seen below: * If the investor is starting a company from scratch, a valid address needs to be provided to act as the company’s headquarters. As long as the investment is in Brazil (and you don’t repatriate the capital) it should be alright. Technically, we open you a company/legal entity and bank account and register it with the Central Bank of Brazil. As explained on step 5, the money remittance procedure can also take quite some time depending on the bank manager experience with direct foreign investment operation. I love Brazil. documents etc .. but it’s very rare for people to be rejected, and even if they are, they can apply again for citizenship later. Timeline for Moving to Brazil on an Investor Visa. “Investor Visa”) How to Apply? 3. Articles of incorporation of your Brazilian legal entity that received the investment. This also means that the foreign investor can plan his/her stay in Brazil before or during the visa processing time if needed. Getting an investor visa allows a foreigner to live and work permanently in Brazil. Brazil also recognizes dual citizenship so you don't have to worry about renouncing your own citizenship. Furthermore, unlike other countries, Brazil allows for the investor to take his family with him to reside in Brazil once his … Your residency status is permanent in the sense that you can live and work in Brazil without a time limit. Brazil Investor Visa The Normative Resolution No.13, dated on December 12, 2017 of the National Immigration Council, revoked the former normative resolution No. Ascendants or descendants, in case the financial dependency and need of support is formally proved; Most foreigners, usually those who are already purchasing real estate, take advantage of that. But before that, the company needs to be registered at the Brazilian Central Bank in order to receive a foreign investment operation. What will happen if I have not done what I presented in the business plan during the application? This one’s for foreign investments in Brazilian companies. What is a Brazilian Investor visa? Once the visa is approved, the document will be issued by the consulate appointed by the investor during on the visa application. In the ever changing set of rules and Brazilian bureaucracy obstacles many foreign investors have difficulty in understanding the practical aspects of the investor visa procedure. Investor visa holders may apply for Brazilian Citizenship after 4 years of official legal residency in Brazil for normal cases or 13 years in special cases. Apply for permanent residency through an investment visa by investing a minimum of 500,000 BRL, which translates roughly to $160,000 USD. EB-5 program is the investor visa scheme introduced by the USA congress in 1990 for the better expansion of the business, higher economic growth and new job creations. Do I have to bring my family during the process? Keep in mind that trips abroad do not count as interruptions. There are cases where the process can take more than 30 days for example before the money liberation is approved. You can provide proof that a relative provides you with enough income to match legal requisites By naturalizing you will have access to governmental social programs as well as having the added benefit of not having to continuously renew your visa if you're in the country as a permanent resident. After the representative receive the documents under steps 1 and 2, the CPF (Brazil’s Individual Taxpayer Number) for the foreign investor can be obtained at the Federal Revenue Agency. What can be done with my investment once it has been brought to the country? I have read that we have to hire 10 Brazilian employees to become eligible for the investor visa, is there a way to handle this? Brazilian citizens are eligible for public sector jobs, which they can apply for by participating in the socalled "concursos". Passport to start the process and the rest should be provided on later stage (about 3 months from start and after transferring the investment capital) Investing personal resources, of foreign origin, in productive activities, for example. Video: Types of Assistance, Immigration and Foreign Business Assistance in Brazil, Fill out the fields below and send us your questions. This at the time would translate to roughly USD 50.000,00. However, the investor CANNOT use the investment’s money at this time, since the visa rules requires the foreign investment to be applied on acompany. Thus investment into Brazil has become the easiest and fastest way of getting Brazilan visa.Our fee would be R$5000 for one visa, and R$8000 for you and one dependent. After the CPF is obtained, the company opening procedures before a Commercial Board or a shareholder incorporation procedure if the investment will be used in an already existing Brazilian company can be started (Please see our article on company procedures for more information).One representative with a Brazilian residency (a Brazilian or a foreigner with permanency visa) will have to act as a representative at this point, at least until the visa is finally granted to the investor. To become eligible for an investor visa a foreigner must invest R$ 500,000 in either an already existing Brazilian legal entity or in a new Brazilian legal entity. Check out this article which shows you the rough timeline for getting an investor visa for Brazil. Optional and/or when Applicable Who is considered a “dependent family member”? The person who wants to become a Brazilian citizen must apply by himself/herself, but we can assist them with this process. The process might be directed to the CNI and the application should be made … Each of them requires different procedures, but as most of people apply for the ordinary naturalization, which is the naturalização comum, this article will be focused on this type of naturalization. In any case, we are proud to say that Establish Brazil so far has a 100% success rate, with zero clients rejected and hundreds approved. Permanent residency. Crew visa – valid for up to 10 years. Do you handle the procedure all the way to citizenship. After that they issue the Residency Card ID which needs to be successively renewed for a new 9 year period while the foreigner remains as an investor. As long as the foreigner has not stayed out of Brazil for more than 18 months during this 4 years period and has some elementary knowledge of the Portuguese language, they will be able to obtain citizenship. permanent visa with an investment lower than the one foreseen, but not less than R$150,000.00 (one hundred eais). Spouse or partner in a stable relationship, regardless of gender; Now, with the new normative resolution, the minimum amount required for the investment has been increased to R$ 500.000,00, which currently would incur in around USD 150.000 (as of beggining of 2017). How long does it take to renew the residency? In the last year we realized that some people are interested in obtaining the investor visa & permanent residency so they can eventually get citizenship and a passport, while not worrying too much about business or investment, so we structured this separate product to simplify it for these clients. After the investment is properly registered before the Central Bank, the visa application may finally be filed with the documents listed in the normative resolution, such as a specific business plan. 4. Citizenship This was a substantial increase that took many people by surprise. The Individual Investor Visa will be granted to foreigners that intent to establish themselves in Brazil. b. However, you don’t have the obligation to execute the business plan in its exact form. After your investment plan has been approved by the Brazilian authorities, you will apply for the investor visa in your home country at your nearest Brazil Consulate General. Citizenship and Immigration Services (USCIS).For more information on qualifying as an immigrant investor and filing the Form I-526 petition, see EB-5 Immigrant Investor, EB-5 Immigrant Investor Process, EB-5 Regional Centers, and Permanent Workers … The interest rates in Brazil are much higher than in most countries. To qualify for the new Brazilian real estate investment visa, foreigners must meet certain conditions. What is the criteria for an investor visa? No, in order to fulfill the requirements for an investor visa, the money has to be transferred to the bank account of a Brazilian legal entity. You can explain in your case why you don’t have employees yet and that you expect to grow in the next years and the authorities will most likely accept it. 1. Not exactly, the residency is permanent however within the first 3 years there is a revision by the government of your case to check if the investment is still in the country. Note that this does not include any profit generated from your investment in Brazil (e.g. One year of official legal residency is considered at least 6 months plus one day of stay in the country out of each year, not necessarily as a continuous stay. View all Tell me more about the Corporate Governance. Yes, you can leave the country for trips as long as the total amount of time absent from the country does not exceed 6 months out of each residency year. We can take care of all of this on your behalf at Establish Brazil. Marriage certificate, when applicable. Which means you can get visa for Brazil buying a piece of real estate, for example a flat and opening a small business, like shop. The new normative resolution opens an opportunity for startups who work on the technological, scientific or innovation sector. ● Be registered as a Brazilian permanent resident Besides the Power of Attorney that you will be giving us to initiate the process on your behalf, the below documents are required. 1. Dependent family members are considered the following: Provide Apostille certificates for all the foreign documents that are going to be used during the visa procedures (Passport and birth certificates for example). Curriculum Vitae You will be eligible for citizenship after legal residency of 1 to 4 years. Consequently, the individual immigrant that has as objective to perform, with its own resources, investment in legal entity in Brazil, may apply for a residency permit. This new resolution brings new rules pertaining to the investor visa procedure in Brazil, such as a new amount of foreign investment required and special rules for startup companies who work on the innovation and technological sector, for example. Of course, in fact you can take it back any time, even when it's in your legal entity’s bank account, you still have control over it to do whatever you want. Work visa – there must be a clear criminal record and satisfactory medical examination. View all Tell me more about the Financial Information. The application for the three cases just mentioned has first to be submitted at the Ministry of Labour in Brazil (Ministério do Trabalho e Emprego). Can I stay less than 4 years to obtain citizenship? Have you obtained an investor visa for other candidates? Can I bring my personal and household goods to Brazil? São Paulo, SP 01409-001 - Brazil, Phone: +55 (11) 2619-1982 or +1 (925) 272-9457. Who has to file the application for citizenship? This is great news since there were no visa that would be applicable for investors in real estate in Brazil… What are the advantages of having citizenship? The following documents are required from your end: If a person under the age of 18 wants to naturalize then the parents or legal guardians must file the application on their behalf. Foreigners buying a property for minimum of $180,000 (R$ 700,000) will be granted residence rights to live in Brazil. After submitting all the documents mentioned below, it will be decided if the foreigner can have the naturalization. Menu. You can also obtain a permanent visa if you invest a minimum of US$ 50,000 in productive activities or, alternatively, invest less but employ 10 Brazilians. Sponsored Links. What can I do with a Brazilian investor/director visa? Brazilian citizens are able to travel to over 146 countries and territories without the need for a visa, including the Schengen area. Profit repatriation is also exempt from taxes in Brazil. This means that the foreign investor can plan his/her move to Brazil right after the visa approval and without the need to waste a trip to the country with the purpose of settling up. This condition can be fulfilled in several different ways: Holders of Investor Visa and permanent residency are exempt from paying import duty on their personal and household goods for 6 months from his/her arrival date in the country. If the company meets the conditions presented by the resolution, the minimum amount required to invest will revert back to R$ 150.000,00, creating an opportunity for those investors who want to tackle on the startup business. This step can also take a long time because many bank managers in Brazil are not used to companies with foreign shareholders, and since the banks can make their own governance rules regarding internal procedures, the requests for documents and delays can take quite some time. Investor’s Visa. The intention of the investment visa is that foreigners open a business here, employing Brazilians. Many considered their plans of moving to Brazil and opening a business to be over, but in this case the attention to detail is more important than ever. A Brazil residency visa gives the investor a great deal of flexibility with regards to how long he/she chooses to stay in Brazil for, at any one time. We will help you make a plausible and achievable plan for this end. We will be pleased to assist you, @Copyrights 2018. As individual professionals some of our visa team members have +15 years experience with visas we did hundreds if not thousands of visas, but as a firm probably around 100 investor visas in the past 7 years. Do I have to renew the residency every 2 years? 2. ** At this point the investor should heavily consider the services of an accountant, since a new company needs permits in order to perform its business activities and is subject to taxes for being active.Our offices can help with a portfolio of partners throghout the country. 3. Brazil's visa policy is based upon reciprocity, which means that if Brazilian citizens don't need a visa to enter your home country, you don't need a visa to enter Brazil. Finding the right banks and managers with experience is essential during this step. How many times do I have to renew my permanent residency before I get citizenship after 4 years? We know of cases when the authorities request more info. Presentation of the receipt of the entry of payment of Income tax for the legal entity’s last year of fiscal operations, when applicable. d. Proof of address (like utility bill)e. Proof of banking details(Bank statement, or screenshot). This visa is initially issued for five years and can be changed into a regular work permit if the foreigner can prove the accomplishment of his plan. SEC Filings Tell me more about the SEC Filings. 1 week. However, citizens of Australia, Canada, Japan, and the U.S. are currently exceptions to this rule and do not need a visa to visit Brazil. The main applicant for an investor visa can include any dependent family members in his/her application for permanent residency in Brazil. Corporate Governance. Hiring 10 employees would be really good for the country and will greatly increase your chances, however that is not a mandatory requirement. Brazil Investor Visa. On November 21st., 2018, the Brazil published the Normative Resolution No 36 (“NR 36”) that discipline the granting of residence to foreigners investing in Brazilian real estate property. How do I gain citizenship after residency? On October 2018, a new type of visa was released under the normative resolution 36 - Real Estate Investor. To be considered for an E5 immigrant investor visa, an applicant must file Form I-526, Immigrant Petition by Alien Entrepreneur, with U.S. With the knowledge that visa is not issued in Brazil, but at the appointed Brazilian consulate overseas, the foreign investor can make a much better use of the 90/180 days tourist visa for example when preparing the definite move into the country (Please see our article on how to extend your tourist visa in Brazil for more information). Since there are many steps involved, having an accurate overview of the investor visa procedure and its time frames is essential when planning your move to Brazil. The normal process is for 4 years, however, there are special cases that take 13 years instead. Investor Visa in Brazil An investor's visa, a modality applicable to foreigners who intend to settle in Brazil for the purpose of investing their own resources, a foreign entrepreneur who intends to live in Brazil to start an economic activity may have granted the permanent visa with proof of foreign capital investment. Fortunately the last step for the visa procedure has undergone by serious improvements in an effort for efficiency for the government, and now it usually takes from 15 to 30 days for the visa to be approved. Design by Sergio Botinha | Sitemap, Immigration Law and Support for Foreigners, Hague Convention & International Family Law. The process of applying for a Brazilian citizenshipis run by the Ministry of Justice. A “permanent visa”, such as the investment visa, allows a foreigner to live and work in Brazil. To be eligible for an investor visa a foreigner must invest R$500,000 in either an already existing Brazilian company or in a new Brazilian company. The key point to understand is that you cannot receive the investor visa while you are in Brazil. You will be treated like an ordinary Brazilian except for voting and political rights. 2. The following documents we do prepare on your behalf and/or will help you to get locally: The United States and Brazil do not have such a treaty, but if you are a Brazilian citizen who also holds dual … In order to maintain permanent residency status based on an investor visa, the main applicant only needs to visit Brazil once every 2 years. Proof of parental relationship or family (Birth Certificate, or family book). Are the investor visa holder’s family entitled to come to Brazil? From there, it can take almost any form you wish, as explained in the next question. The money will be in the bank account of a legal entity owned by you. Rua peixoto gomide 445 - Sao Paulo, Brazil 01409-001 +551126191982. Applying for the Investor Visa. Is it guaranteed that I will get citizenship after residency of 4 years? Welcome Treaty Trader (E-1) and Treaty Investor (E-2) visas are for citizens of countries with which the United States maintains treaties of commerce and navigation. After the approval the respective Brazilian Consulate needs to be consulted by the investor on how obtain the permanent visa documents, the procedures may vary from country to country. Investor visas – where one can meet or exceed to invest a stipulated amount of finance into Brazil. If the name … Through this scheme, the host country collects the investment and offers the residency in exchange for it. Immigration to Brazil is a very hard task, except if you can invest 42,000 USD. What can I do with a Brazilian investor visa? You receive a salary or pension in the country $40,000. With the company’s bank account open, the investment can finally be made. Yes, of course! For more details about this, please contact us. The first time will be after three years. Financial Information. After the company is open, the investor needs to open a bank account for the company so the investment remittance can be made. The investor condition and the three-year expiration will be indicated in the Brazilian foreigner’s ID. You can also apply for citizenship and will no longer need to renew your visa after that. If I decide to stop the procedure, can I have the investment back? Brazil Work Visa Requirements; Brazil Investor Visa Requirements; Visa Hunter’s Notes on the Brazil Visa. ● You must be able to provide for yourself and your family. Thanks to rising commodity prices and the policies of the new president, Brazil is becoming a better option for investment. Investor Visa Program. The Brazilian investor visa is similar to the EB-5 visa in the The purposes that leads a foreign to require this visa may vary. Alternatively, if they are officially retired and able to transfer a monthly amount equivalent to +R$ 6,000 (about $2,000 USD), then they can apply for the permanent resident visa for retired foreigners. PERMANENT VISA BASED ON TRANSFER OF RETIREMENT INCOME (RN 45/2000, altered by RN 95/2011) If you are interested in this type of permanent visa, you must prove ability of transferring a monthly amount equivalent to R$ 6,000.00 to a bank account in Brazil and the visa can be extended up to 2 dependents. Once you obtain an investor visa, you can invest in opening a business in Brazil, Brazilian real-estate or stocks, and can even open a savings account in the country. This step can take 1-2 weeks. Therefore, they need to set up a company first, then wire in the capital (R$500,000) to the bank account of the legal entity and only then apply for the visa.