Your residency status is permanent in the sense that you can live and work in Brazil without a time limit. However, your permanent residency is linked to your status as an investor in the country. 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. The first time will be after three years. The renewed visa will be valid for 9 years before renewal, but after the visa holder becomes 60 years old, it will be no longer necessary to renew the document.
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.
Quando você se inscrever para o visto, eles solicitarão um plano de negócios para avaliar os efeitos do seu investimento no país. No entanto, você não tem a obrigação de executar o plano de negócios em sua forma exata. Nós o ajudaremos a fazer um plano plausível e realizável para este fim.
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. 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. 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.
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.
The person who wants to become a Brazilian citizen must apply by himself/herself, but we can assist them with this process. If a person under the age of 18 wants to naturalize then the parents or legal guardians must file the application on their behalf.
One of the biggest advantages of having Brazilian citizenship is hasslefree travel. Brazilian citizens are able to travel to over 146 countries and territories without the need for a visa, including the Schengen area. Brazil also recognizes dual citizenship so you don't have to worry about renouncing your own citizenship. Brazilian citizens are eligible for public sector jobs, which they can apply for by participating in the socalled "concursos".
● Be registered as a Brazilian permanent resident
● 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.
● Ability to read and write elementary Portuguese.
● You must be able to provide for yourself and your family. This condition can be fulfilled in several different ways:
1. You receive a salary or pension in the country
2. You are a student and are under 25 years ofage
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. 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. After becoming 60 years old, it will be no longer necessary to renew it. In connection with citizenship it's a different story. You will be eligible for citizenship after legal residency of 1 to 4 years.
Most probably once, after 3 years.