The normal process is for 4 years, however, there are special cases that take 1Â3 years instead. If you have a Brazilian spouse, child, or parent, you can apply for citizenship after one year. 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. For more details about this, please contact us.
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 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.
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, your 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.
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.
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;
Yes. The main applicant for an investor visa can include any dependent family members in his/her application for permanent residency in Brazil.
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.
Most probably once, after 3 years.
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.