Brazil
Investor Visa (VIPER)
Minimum investment
BRL 500,000
Processing time
2-4 months
Physical presence
no minimum stay required to maintain the residence permit
- Investment route
- •Business investment (500000 BRL standard, reduced to 150000 BRL for approved technology, AI, or green-energy startups)
- •Passive real estate purchase (1000000 BRL in urban centers, 700000 BRL in the North/Northeast)
- Investment breakdown
- •the program is officially the Visa de Residencia Permanente por Investimento (VIPER), classified under VITEM IX, administered under National Immigration Council Resolucao Normativa
- •real estate must be registered with the Registro Geral do Imovel and reported to the Brazilian Central Bank within 30 days of purchase
- •business-route investors typically qualify for permanent residence immediately, while real estate-route investors begin with temporary residence that converts to permanent residence once renewal and investment-maintenance requirements are met
- Additional fees
- company registration and legal fees apply in addition to the core investment for the business route
- Eligibility
- •18+
- •Clean criminal record
- •Verifiable source of funds
- •Registered investment plan filed with Brazilian authorities
- Due diligence
- •investment must be registered with the Brazilian Federal Revenue Service (Receita Federal) and the Central Bank
- •after arrival, the investor has 90 days to register with the Federal Police to receive the national migration registration card (CRNM)
- •the permanent visa is subject to formal review within the third year after issuance, so maintaining the investment and periodic presence in Brazil matters for that review
- Family inclusion
- spouse and dependent children
- Path to citizenship
- eligible to apply for permanent residency after 4 years, and for citizenship after a further 4 years of permanent residence (8 years total)
- Renewal
- residence permit renewed periodically provided the investment is maintained
- Dual citizenship
- Fully permitted — Brazil allows dual and multiple citizenship
- Key benefits
- •One of the lowest-cost investor residency routes among major economies
- •A Brazilian passport grants residency rights across the 9-country Mercosur bloc (Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay)
- Taxation
- worldwide income taxed only if tax-resident in Brazil (183+ days per year)
Application process
- 1.register the investment plan with the relevant Brazilian agency
- 2.apply for the visa at a Brazilian consulate or convert status in-country
- 3.residence permit issued