By Juliana Mitico Valente Riccardi
Lawyer & Global Mobility Expert
Partner at Mitico Advogados and BR-Visa
Brazil stands as a prominent destination for foreign direct investment (FDI), ranking as the sixth-largest recipient globally. In 2023, the country attracted approximately $51 billion in FDI during the first eight months, reflecting a 14% increase compared to the previous year (U.S. Department of State, 2023; Reuters, 2024). The real estate sector has been a significant contributor to this influx, with residential property prices experiencing a notable rise of 7.73% in 2024—the highest since 2013 (Rio Times, 2024). These indicators highlight Brazil’s growing appeal as an investment hub.
For foreign investors aiming to establish a presence in Brazil, the government offers structured visa pathways that facilitate both investment and residency. Two primary options include:
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Residence Permit for Company Investors
This visa is tailored for individuals intending to establish and actively manage a business within Brazil. Key requirements include:
- Minimum Investment: A standard investment of R$ 500,000 in a Brazilian company. For innovative startups with potential for job creation or technological advancements, the threshold may be reduced to R$ 150,000.
- Business Plan Submission: A comprehensive plan demonstrating the venture’s economic impact and prospective job creation.
- Proof of Fund Transfer: Documentation confirming the transfer of funds from abroad.
Upon fulfilling these criteria, investors are granted residence authorization for an indefinite period, based on sustained investment and business performance.
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Residence Permit for Real Estate Investors
Foreign nationals can also obtain residency through substantial investments in Brazilian real estate. The stipulations include:
- Investment Amount: A minimum of R$ 1 million in urban properties, reduced to R$ 700,000 for investments in the North and Northeast regions, areas targeted for economic development.
- Proof of Fund Transfer: Documentation confirming the transfer of funds from abroad.
- Property Registration: Official registration of the purchased property.
This pathway grants a permanent residence permit, allowing investors and their families to reside in Brazil indefinitely, provided the property investment is maintained.
Why Invest in Brazil?
Brazil offers a dynamic and growing investment landscape, making it an attractive destination for foreign investors. The country provides strategic market access as the largest economy in Latin America, favorable exchange rates that enhance purchasing power, and a robust real estate sector with rising property values. Additionally, government policies continue to encourage foreign direct investment, particularly in areas that drive economic growth and job creation (OECD, 2023).
Navigating the Immigration and Legal Framework
For those considering investment and residency in Brazil, understanding the legal and immigration frameworks is essential. Establishing a business or acquiring property involves compliance with local regulations, proper documentation, and adherence to visa requirements. Investors must ensure that all transactions, whether in business structuring or real estate acquisition, align with Brazilian legal standards to secure long-term stability and legal residency. Engaging with experienced professionals in immigration, corporate law, and property transactions can help streamline the process, minimize risks, and ensure full compliance with Brazilian regulations.