Brazil

Citizenship & Permanent Residency for Investors
BRAZIL GOLDEN VISA

BRAZIL (officially the Federative Republic of Brazil ) is the fifth biggest country in the world, holds the largest economy in Latin America, it’s one of the key BRICS member and has one of the largest GDP at around 4 Trillion USD .

At 8.5 million square kilometers (3,300,000 sq mi) and with over 214 million people, Brazil is the world’s fifth-largest country by area and the seventh most populous. Its capital is Brasília, and its most populous city is São Paulo with over 22 Million and the state of São Paulo has over 33 Million people.

The federation is composed of the union of the 26 states and the Federal District (Brasília). It is the largest country to have Portuguese as an official language and the only one in the Americas; one of the most multicultural and ethnically diverse nations, due to over a century of mass immigration from around the world (Most from European Countries such as Portugal, Italy, Germany, Poland, etc) and the most populous Roman Catholic-majority country.

Brazil has the largest manufacturing sector and diverse and sophisticated services industry as well.  The currency primarily used is Brazilian Real. In 2012 Forbes ranked Brazil as having the 5th largest number of billionaires in the world. The Majority industries in Brazil are textiles, machinery and equipment, agriculture and automotive.

PERMANENT VISA THROUGH INVESTMENT IN REAL ESTATE

Our Real Estate and international Lawyers are Brazilian nationals, based in every corner of the country and we can assist you and apply your permanent visa. We have 13 years experience in citizenship and residency applications, assisting hundreds of individuals and companies since 2009.

We provide all steps in property acquisition, title validation, contract drafting, money remittance, registration of investment in Brazilian Central bank, POA drafting, acting as proxy in the closing.

Purchase a minimum of R$1,000,000 Brazilian reais (around 200K USD) in a property in Brazil.

STEPS AND CONDITIONS

First step is applying Citizenship & Permanent Residency for Investors is Apply for your CPF  (Brazilian social security number).

Second step is related to our Real Estate assistance that covers full investigation and due diligence against debts in name of the owner and the property to verify property is clean, checking all documents necessary to guarantee a safe transaction, prepare safe agreement between seller and buyer, transfer property for your name, registering in central notary and city hall, coordinate transfer and also represent on closing If you are not in Brazil.

Since the end of November 2018, those who buy property in the country can apply for residency authorization.

Thinking of attracting the eyes of foreigners who are thinking of living in the country, Brazil decided to bet on a successful alternative in other countries and that facilitated the departure of Brazilians interested in living abroad.

Since the end of November, foreigners who buy a property in the country have the right to request a residence permit, an alternative very similar to the so-called “gold visa” that exists to facilitate the process of moving to other countries, such as Portugal.

In Brazil, the minimum investment in finished or under construction properties is divided by regions. Whoever chooses the states of the North and Northeast regions will have to pay R$ 700 thousand Brazilian Reais, while in the other regions the value will have to be at least R$ 1 million Brazilian reais (around 200K USD)

This rule is valid for both residential and commercial properties, but only for urban properties, without including rural properties.

For immigrants to be entitled to a two-year provisional authorization, investment in real estate must be validated by a national bank. The term established as provisional serves to ensure that the property is being preserved and remains with the same owner. After that, the authorization becomes permanent.

Are you a foreigner and want to acquire a property in Brazil? Here’s how to do it!

People from other countries who invest in Brazilian housing are allowed to live here     

It is common to find foreigners who buy real estate in Brazil, either for investment or to have a vacation apartment, as is often the case in prime areas of Rio de Janeiro. This is because it is not necessary to be Brazilian or have a permanent residence in the country to be entitled to the acquisition – registration with the Individual Taxpayer Register (CPF) is sufficient.

The CPF number is mandatory. To achieve this, a person from another country needs a passport or the National Registry of Foreigners (RNE), original birth certificate accompanied by a translation into Portuguese, made by a sworn translator, and authenticated by the Brazilian consulate in the country of origin. If married, the buyer must also present the documents of the wife or husband.

A foreigner cannot acquire property in Brazil via real estate financing, unless he has the definitive RNE or is naturalized.

Having a bank account in the country is only allowed to those who have a permanent visa, temporary for more than 12 months and those who live here for work. Without a bank account, the amount that the foreigner can transfer and withdraw in Brazil is insufficient to purchase property, so that possibility is ruled out.

The foreign national can make a proxy to a Brazilian to acquire a property.

The foreign national can make a power of attorney to a Brazilian, by means of a public notary’s instrument, granting powers to buy, sign deed, private contracts. The power of attorney must be legalized at the Brazilian consulate of the foreigner’s country of origin.

Since the end of November 2018, the foreigner who buys a property in Brazil can apply for a residence permit. “The change can put Brazil in a group of countries that benefit from foreign investment in a simpler way.

Brazilian investor visa length and restrictions

Stay on top of the amount of time you have to stay in Brazil with the answers to other time restraints or requirements you might not have been aware of in the country.

  • How long is the investor visa valid for? – Your residency status is permanent so therefore you can live and work in Brazil as long as you maintain your investment in the country. You can also apply for Brazilian citizenship after 4 years in normal cases and 13 years in special cases.
  • How long does it take to renew the residency? – The first renewal is after 3 years and you will receive the new document in about 90 days.
  • Can I leave the country during my residency period? – Yes, you can leave the country for trips but it must not be longer than 6 months out of each year. 

Brazilian investor visa rules after you have your visa

Here, you will find more answers on what rules you have to adhere to, to maintain your visa

  • Can I bring family to Brazil during the visa process? – Yes, you can bring your family to Brazil after you get your investor visa. Once your investor visa is issued, your family members will have permission to come to Brazil.
  • Do I have to come back to Brazil to keep my residency status? – You need to visit Brazil once every 2 years in order to maintain permanent residency status on an investor visa.
  • Do I have to keep my investment in Brazil? – Brazilian authorities will periodically check if your investment is still in the country. If you have left your investment in the country, your investor visa will be automatically renewed.

How to Get Brazilian Citizenship?

You may apply for Brazilian Citizenship after 4 years of official legal residency in Brazil. With a Brazilian citizenship, you are eligible for dual citizenship and public sector jobs.

What are the requirements for obtaining citizenship in Brazil?

If you are interested in becoming a Brazilian citizen, you need to make sure you have all the requirements listed below.

  • Have proof of uninterrupted residence in Brazil for at least four years prior to applying. Keep in mind that trips abroad do not count as interruptions.
  • Learn how to read and write elementary Portuguese.
  • You must be able to provide for yourself and your family.
  • You can provide proof that a relative provides you with enough income to match legal requisites.
  • Pass a criminal background check.
  • Not owe any taxes in Brazil.
  • Provide proof of righteous conduct.
  • Obtain a ‘Certificate of Good Health’, unless you have lived in the country for more than two years.

You can also obtain your Brazilian citizenship in one year if you have a Brazilian spouse, child, or parent. It can also take two years for those possessing certain professional, scientific, or artistic skills, and three years for individuals that are of high net worth or are company owners.

Interested in Obtaining your Brazilian Investor Visa?

You have all the information you need to get your Brazilian Investor visa. Contact us now and see how we can support you in Brazil.


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PRISCO Business Group is an international company focused on developing solutions for companies, entrepreneurs, nomad capitalists, families and individuals that seek freedom and opportunity in relocation and immigration, new markets for their products or services, Startup launch, investments, live and work in Portugal.

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