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Brazil - Immigration Visas - Investors

The Resolution nr. 28 (PDF file - in Portuguese only) established the conditions for a foreigner wishing to invest in Brazil to obtain a permanent visa.
This kind of visa must be authorized by the Ministry of Labor, which will make a commercial and social analysis of the proposed business.
The minimum investment is US$200,000 or equivalent; the National Immigration Council may allow exceptions to this minimum value, provided that the new enterprise opens at least ten jobs or if the enterprise is of social interest.
The visa application must be accompanied by several documents, listed on article 3.
If granted, the visa will be valid for two years; after this period, an analysis of the feasibility of the enterprise will be conducted, before a possible definite extension.

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