In the ever changing set of rules and Brazilian bureaucracy obstacles many foreign investors have difficulty in understanding the practical aspects of the investor visa procedure. Questions such as when should I move to Brazil, how should I send and apply the investment and what documents do I need to prepare are very common to occur, and if not clarified with the correct information can lead to a visa denied notice, as well as waste of considerable amount of time and money.
This article aims to answer a few of those questions, in order to provide the correct information that may help you on your decision to apply for an investor visa in Brazil. The key point to understand is that you cannot receive the investor visa while you are in Brazil. Once the visa is approved, the document will be issued by the consulate appointed by the investor during on the visa application. This means that if you are in Brazil under a temporary visa you will have to leave the country in order to receive your new permanent visa.
It is also important to clarify that not one single step for the investor visa procedure requires the presence of the foreign investor in Brazil. All the steps can be done through a representative by issuing a Power of Attorney with specific powers of representation for the visa procedure. Since there are many steps involved, having an accurate overview of the investor visa procedure and its time frames is essential when planning your move to Brazil.
The basic breakdown of the procedure can be seen below:. This means that you cannot buy a property before opening your company, otherwise the money you invest in the property will not count as foreign investment. An alternative solution for this problem is to use a temporary address for the company procedure, and then invest the money on a property after the company is open Please see our article on buying real estate in Brazil for more information.
Our offices can help with a portfolio of partners throghout the country. This at the time would translate to roughly USD This was a substantial increase that took many people by surprise. Many considered their plans of moving to Brazil and opening a business to be over, but in this case the attention to detail is more important than ever.
The new normative resolution opens an opportunity for startups who work on the technological, scientific or innovation sector. The necessity of filing a consolidated Business Plan still holds however, since the immigration authorities will use it as a base for future inspection on the status of the company and the investment.
Fill out the fields below and send us your questions. As said before, the process is not overly complex yet it can be lengthy. As with any other process in Brazil, you might have to go back and forth with process, making things a bit more frustrating. It is suggested that you get help from local professionals if you are seeking an investor visa in Brazil, in order to carry out the process correctly right from the start. Breadcrumb Home Node view.
Understanding how to get a Brazilian Investor Visa. By phillipe. Contact us. Business Services. Private Equity. Topics - Other's. Annual Requirements. Banking in Brazil. Business Formation Types. Business License Solutions. Business Naming. Certificate of Good Standing. Compliance Solutions. Doing Business In Another State. Entity Management. Formation Services. HR and Payroll Services.
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