An investor visa allows a foreigner to live and work in Brazil forever. You can create a business in Brazil, invest in Brazilian real estate or stocks, and even open a savings account once you have obtained an investor visa. The National Immigration Council (CNIg) governs the investor visa process in Brazil, with a new Normative Resolution enacted in 2015. This new resolution introduces new rules for the application of investor visas in Brazil.
Many foreign investors struggle to understand the practical parts of the investor visa procedure due to the ever-changing set of laws and Brazilian bureaucracy impediments. Questions like when should I move to Brazil, how should I send and apply for the investment, and what documents should I prepare are typical, and if not answered correctly can result in a visa denial notice and a waste of money.
This section has all of your investor visa money answers, from the amount of money you need to invest in Brazil to how to invest your money in the country.
- What steps must I take to receive a permanent investor visa? – You must be able to invest at least R$500,000 in either an existing or new Brazilian firm.
- Is it possible for me to transfer my investment to a Brazilian person instead? – No, the funds must be sent to a bank account in Brazil.
- Can I get my money returned if I decide I no longer want a Brazilian investor visa? – You can return your money at any moment if you decide you do not want a Brazilian investor visa; however, the visa will not be renewed.
If you want to become a Brazilian citizen by investment, you must meet all of the standards stated below.
- Prior to applying, show documentation of continuous residence in Brazil for at least four years. Keep in mind that excursions outside of the United States do not count as interruptions.
- Learn basic Portuguese reading and writing skills.
- You must be able to support yourself and your family financially.
- You can show that a relative gives you sufficient income to meet legal requirements.
- A criminal background check must be passed.
- In Brazil, you do not owe any taxes.
- Provide evidence of good deeds.
- Unless you’ve been in the country for more than two years, get a ‘Certificate of Good Health.’
Once the funds have been wired into the account, you can apply for the visa. The following are the documents which must be presented:
- The articles of incorporation of the company
- The business plan for the company
- A proof of foreign direct investment from SISBACEN in the applicant’s passport
- Proof of payment of all applicable fees
- A genuine Yellow Fever Vaccination Certificate from the World Health Organization (WHO).