As a member of the Mercosur by acquiring their citizenship you have the possibility to obtain residency in all south america. In this article we are going to give you all the information you need to achieve this.
How is this possible?
Brazil is a signatory of the Mercosur Residence Agreement, which allows citizens of signatory countries to live and work in any other member country for up to two years, with the possibility of obtaining citizenship. This agreement includes countries such as Argentina, Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru, and Uruguay.
How to apply?
The Brazil Permanent Residence Investor Visa offers foreign citizens the opportunity to obtain permanent residence in Brazil by investing in specific projects, businesses, or real estate.
To qualify for the Brazil Investor Visa, you must invest in either Brazilian real estate or business ventures. The following investment options are available:
Business Investment Option:
Invest a minimum of USD 96,000 in a business in Brazil.
Invest a minimum of USD 29,000 in innovative activities to boost the local economy, creating at least 10 local jobs.
The business plan must obtain approval from the National Council of Immigration to be eligible. You must demonstrate proof of substantial residence and de facto presence in Brazil.The company must be in good standing and employ local residents,
Real Estate Investment Option:
Invest a minimum of USD 135,000 in real estate in the northern estate regions of Brazil.
Invest a minimum of USD 192,000 in real estate in other regions.
The investment must be maintained to retain residency until citizenship is obtained.
Path to citizenship
Under the business investment option, to maintain permanent residency, the applicant must not be absent from Brazil for more than six consecutive months. After four years of continuous residency in the country, the applicant becomes eligible to apply for citizenship.
Under the real estate investment route, a resident permit is initially issued for two years and can be renewed indefinitely as long as the investment is maintained. To retain residency, the applicant must physically be present in Brazil for at least 30 days per year. Moreover, those who invest over USD 200,000 in real estate are eligible to apply for citizenship after just 3 years instead of the normal 4.
What are the main benefits of this program?
Visa-Free Travel: One of the significant benefits of the Brazil Investor Visa is the ability to travel visa-free within the Mercosur countries. This includes countries such as Argentina, Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru, and Uruguay. This facilitates easier movement and business opportunities within the region.
Family-Friendly Benefits: The Brazil Investor Visa program is family-friendly, providing benefits not only to the investor but also to their immediate family members. Children born in Brazil to investor visa holders automatically get Brazilian citizenship, offering them a host of advantages, including access to quality education and healthcare.
Mercosur Trade and Economic Integration: Being a member of Mercosur, Brazil enjoys trade and economic integration with other South American countries. Investors with the Brazil Investor Visa can leverage this integration to explore business opportunities and expand their market reach within the region.
So, if you are interested in finding out more about residency by investment program and its opportunities to develop business, contact us today! Below this article, you will find a link to set up a free fifteen-minute consultation with us to discuss your options further.
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