legal guidance
Even though this visa offers permanent residency, it comes with conditions.
Even though this visa offers permanent residency, it comes with conditions. To keep the residency status, the investor must show proof that the investment or business plan has actually been carried out, not just planned. This proof needs to be submitted a few months before the…
Brazilian Visas Hub. General information; confirm the current rules before acting.
Overview
Even though this visa offers permanent residency, it comes with conditions. To keep the residency status, the investor must show proof that the investment or business plan has actually been carried out, not just planned. This proof needs to be submitted a few months before the end of the initial residency period. If the plan hasn't been fully completed, the authorities could still allow the residency to continue, depending on factors like the economic situation and the potential of the project to create jobs in the future. In short, it's not enough to register a company, the investor must actively make the business happen in Brazil. Legal guidance can help clarify the applicable rules, the risks involved, and the next step that fits your situation.