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Brazil Permanent Residency Investor Visa (VIPER)
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Program Type:
Residence by Investment
Processing Time:
4-6 months
Citizenship Timeline:
4 years
Permanent Residency Timeline:
Upon approval (business investment) / 4 years (real estate investment)
Physical Presence Required:
30 days per year (conditional)
Citizenship Visa-Free Access:
169 countries
Minimum Contribution:
BRL150,000 (~US$28,000)
Contribution Options:
Business Investment, Fund Investment, Property Investment, Securities Investment
On This Page
Program Overview
Brazil Permanent Residency Investor Visa (VIPER)
Brazil offers residence permits to those who invest in businesses or real estate above a certain sum. Business investors receive permanent residency immediately upon approval. Real estate investors are initially granted a temporary residence (TR) permit, which may be converted to permanent residency (PR) after 4 years, provided holders maintain the qualifying investment.
Business investment participants are eligible to apply for Brazilian citizenship after four years of permanent residency. Real estate investors must first hold temporary residency for 4 years before obtaining permanent residency, followed by an additional 4 years of PR before becoming eligible for citizenship, a total timeline of approximately 8 years.
Although a business investment of just US$28,000 is technically the minimum, this option is only feasible under very specific circumstances. Most applicants should expect to invest at least US$93,000 in a business or about US$133,000 in real estate (region-dependent).
Brazil Permanent Residency Investor Visa (VIPER)
How to Qualify
To qualify for Brazil’s permanent residency for investors, applicants must invest either in Brazilian real estate or businesses.
Business investment options:
- BRL500,000 (about US$93,000) investment in a business in Brazil.
- BRL150,000 (about US$28,000) investment in innovative activities to boost the local economy (create 10 local jobs).
Under the business investment options, the applicant must show proof of subsistence and de facto residence.
For business investment, the business plan must obtain approval from the National Council of Immigration (CNI) to be eligible.
The applicant must prove that the company is in good standing and employs local residents to renew the permanent residence after three years.
Real estate investment options:
- BRL700,000 (about US$133,000) investment in real estate in the North and Northeast regions of Brazil; or
- BRL1,000,000 (about US$190,000) investment in real estate in other regions within Brazil.
The investment must be maintained to retain residency.
Dependents may include a spouse, parents and children under 24 under family reunion.
Brazil Permanent Residency Investor Visa (VIPER)
Salient Benefits
- Path to citizenship
- Permits dual citizenship
- Enhanced business access to large economies
- Lower cost of living
- Warm climate
- Short processing time
Brazil Permanent Residency Investor Visa (VIPER)
Citizenship Timeline and Requirements
Business Investment:
The Business Investor VIPER is a permanent residence visa issued immediately upon approval. The applicant must have his business reviewed by authorities after three years. After four years of continuous permanent residency, the applicant may apply for citizenship.
Real Estate Investment:
The real estate investor route grants an initial temporary residence (TR) permit for 2 years, renewable for a further 2 years, provided the investment is maintained. After 4 years of temporary residency, the applicant may apply for permanent residency (PR). Following an additional 4 years of permanent residency, the applicant may then apply for citizenship, for a total timeline of approximately 8 years. Physical presence of 30 days per annum is required to retain residency.
To maintain permanent residency (under either route), the applicant may not be absent for more than six consecutive months.
Brazil permits dual citizenship.
Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.
Brazil Permanent Residency Investor Visa (VIPER)
Program Authority and Legal Basis
Applications for this program may be directed to: Ministério das Relações Exteriores.
Legislation upon which this program is based: Migration Law 2017 Chapter 2 Article 14.1(h) and 9 and Normative Resolution No.13 of 2017 (Business Investment) and Migration Law. Normative Resolution No.36 Article 20 (Real Estate).
Brazil Permanent Residency Investor Visa (VIPER)
IMI Pros Who Can Help You
Brazil Permanent Residency Investor Visa (VIPER)
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Brazil Permanent Residency Investor Visa (VIPER)
Program Statistics
See more statistics on this program and others in the IMI Data Center.