● Resolution of the quotaholders by increasing or decreasing the company’s capital
● Extending the term of the company’s duration
● Changing the company’s name
● Changing their head office address
● Changing or adding activities
● Admitting or excluding quotaholders.
Quotaholders who disagree with an amendment to the Articles of Association have the right to withdraw from the company.
A LTDA may be dissolved...
● At the end of its terms (as stated in the Articles of Association)
● By a unanimous resolution of all quota holders or by the resolution of quota holders representing an absolute majority in a company with an undetermined term of duration
● If there is only one quota holder that exists and the minimum of two quota holders is not reestablished in 180 days
In order to maintain permanent residency status based on an investor visa, the main applicant only needs to visit Brazil once every 2 years. There is no minimum stay period other than that.
The money will be in the bank account of a legal entity owned by you. 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. In other words, you can choose almost any form of investment, as long as it’s done in the name of your company. Most foreigners, usually those who are already purchasing real estate, take advantage of that. You can also invest in stocks and even put in a savings account at a fixed interest rate. The interest rates in Brazil are much higher than in most countries.
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.
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. However, if you already have an investor visa and your case is reviewed by the authorities after 2 years, they will find that you have repatriated the capital and will not renew your visa. In order to renew the visa, you need to keep the minimum investment amount in the country. Note that this does not include any profit generated from your investment in Brazil (e.g.
The visa allows a foreigner to live and work permanently in Brazil.
Yes. The main applicant for an investor visa can include any dependent family members in his/her application for permanent residency in Brazil.
Dependent family members are considered the following:
1. Direct descendants or stepsons and minors (under legal custody or guardianship) under 18 years old, or at any age in case the financial dependency and the need of support is formally proved, or in case they are enrolled in undergraduate or graduate courses until they reach 24 years;
2. Ascendants or descendants, in case the financial dependency and need of support is formally proved;
3. Spouse or partner in a stable relationship, regardless of gender;
There are two ways: one of them is opening a company and applying for the investor visa the same way that you did. 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.