|
Home / Finance
Brazilian Resident Investor Status Program
By:Bionexus
Updated - October 6, 2004
A new law has passed on this date in Brazil whereby the fee for obtaining a permanent residency was lowered from $200,000 to only $50,000 USD. You can obtain a permanent residency, by investing in a business - for example it could be in real estate such a rental apartment or it could be in an investment in a fish farm which is a fast growing industry here.
It is important for you to realize that the cost of living in Brazil, and especially in the north east part of the Brazil where Fortaleza is located, is significantly lower than Europe, the United States or Canada. Also the cost of living is much lower than cities in south of Brazil like Rio de Janeiro or Sao Paulo.
Money transfer
It is worth mentioning that when you transfer the money legally, from your bank through the Central Bank of Brazil (Banco Central) to your own bank account in Brazil, that the money remains yours and stays with you at your disposal at all times and under your sole control.
Comparison to Central America Residency Investor Programs
There simply is no comparison. Central American countries like Costa Rica charge $50,000 USD to obtain a second residency, but the investment goes to government tree planting projects that you have no control over and it is doubtful that you will ever receive a penny of profit. Consider it a donation.
Choosing the investment
You can choose your own investment and may use our help on that. If you buy an apartment, or any other real property, it will be registered in your name and the system of registration in Brazil is 100% fool proof and has been operating for many years successfully for our overseas investors. We have clients from all over the world including Asia, Europe and North America.
Holiday apartment
It might be an excellent idea for you to invest your money here in a holiday apartment, where you could spend your vacations in the wonderful environment of Fortaleza, and enjoy the 5 star shopping center "Iguatemi" and the largest waterpark in South America, "Beach Park".
Our property management division can supervise the apartment while you are not here, and at your request, rent it for shorter or longer periods as you wish, (any contract must be signed by you). The real estate profit here, in general, is about 10% annually and for apartments near the beach it increases up to 15% and more on the value of the apartment. This is a solid and secure investment for the future and a possible retirement in Fortaleza.
We would propose for a number of reasons you entertain our Brazilian Resident Investor Status program.
Some of the reasons for this are:
1. The ability for applicant to work in their own business.
2. Minimum amount of time required per year to be there
3. The fact that the program is pre-approved by the government
4. Unrestricted. Applicant and family members may work at any endeavor.
5. Includes entire family including spouse and children up to 18 years.
6. Brazilian Citizenship and Passport possible in only 4 years time.
7. Cost as little as $50,000 per family.
8. Favorable Tax and Extradition laws.
"Resident Investor Status" through this Program.
No personal appearance in Brazil is required for processing. All your documents can be sent to our offices and the process can be completed in 45 to 60 days. You will pick up the Permanent Visa at the Brazilian embassy or consulate in your home country and then you will enter Brazil with the "Resident Investor Status".
Unlike former Brazilian residency programs which restrict you and your family to certain areas of Brazil, our program offers residency anywhere in Brazil for applicant and family. You choose when, where and how you live and work in Brazil. After 4 years you and your family can apply for citizenship and passport/s. In addition you do NOT have to remain in Brazil during your residency. You can visit for as little as a few days every two years.
An interesting note is that if you are single, a Brazilian Citizenship and Passport is possible after only one year of marriage to a Brazilian citizen.
A Resident Investor has most of the rights of a Brazilian Citizen except political. They can not vote or get politically involved.
Requirements to become a citizen are time in country as stated above and must be able to speak a reasonable amount of Portuguese. There are no further requirements.
STEP BY STEP GUIDE (ALL FEES IN USD)
FAST TRACK PERMANENT VISA
New Law: October 6th, 2004
Requirement: Brazilian company must be formed.
Investment Amount: $50,000 which always stays in full ownership of applicant.
Time Period: 45-60 days from wiring the $50,000 USD.
Fees:*
Assessment Application Fee FREE
$50 DHL Shipping
$100 Individual Tax ID Number Processing
$100 Bank Account Opening
$250 Resident Agent Fee
$250 Central Bank Processing
$250 Tax ID Number Processing
$1,500 Brazilian Company Formation
$2,500 Permanent Visa Processing
$5,000 Total
*This does not include fees for translation.
$15 Certified Translation (per page)
Please fill out the free application form here:
<---****HYPERLINK****--->"http://www.bionexus.biz/immigration_assessment_form.php">http://www.bionexus.biz/immigration_assessment_form.php
Or contact us directly at:<---****HYPERLINK****--->"mailto:immigration@bionexus.biz">immigration@bionexus.biz
About the author
The article is written By Dr. Marcio Alexande Carvalho Licensed Lawyer dealing in Brazil Immigration. Visit for more information <---****HYPERLINK****--->"http://www.bionexus.biz">bionexus.biz..
_____________________________
Copyright information.... This article is free for reproduction but must be reproduced in its entirety, live links & this copyright statement must be included.
Digg
del.icio.us
Blink
Stumble
Spurl
Reddit
Netscape
Furl
Article keywords: Immigration, Brazil, Lawyer, Law, bionexus, Brazilian residency, apartment
Article Source: http://www.articles2k.com
|
|
| Top Finance Articles |
- 1). Locate And Find Debtors With A Credit Collection Agency By : Stu Pearson
It can be a frustrating experience trying to collect a debt from a customer who just seems unwilling to pay. Letters sent to their address go ignored, and phone calls are answered with empty promises of payment. While this is certainly a bad scenario, what if a customer who owes you money just disappears? It is possible to locate and find debtors with a credit collection agency, and in this article we’ll explain to you the methods behind their tracking.
|
|
|
|
|
- 4). Who Is Responsible For Closing Costs By : Raynor
Buying or selling a home is a euphoric experience for both of the parties involved. This euphoria can cool when you learn which party is responsible for the closing costs.
Who Is Responsible For Closing Costs
When looking to buy or sell a home, every person eventually arrives at the question of funding closing costs on the transaction. To put it simply, both buyers and sellers typically are responsible for some of the closing costs.
|
- 5). Family Finance By : Joseph Kenny
One of the hardest things that young couples report during their first year of marriage is getting to grips with joint finances. While most are willing to share what they have with their partner, they are not sure on the best way to bring this sharing into effect so that they can share with their new partner, but at the same time maintain financial security and a degree of independence.
|
- 6). Preparing Your Finances For A Bird Flu Pandemic By : Pandemic Zone
If you have been paying attention to the news lately you may of heard of the threat of bird flu and a world pandemic. What would this mean and how would it affect your financial holdings. The World Bank, which has estimated that a bird flu pandemic lasting a year could, cost the global economy up to $800 billion dollars. The economic toll on the world economy will be catastrophic.
|
|
|
- 8). High Gas Prices and Ways to Save By : essmeier
With Memorial Day around the corner, the great American travel season is here. During the summer, most Americans take at least one extended vacation, and four fifths take that trip by automobile. Unfortunately, this year, the price of gas is at record highs, and no one likes to spend their vacation money on gasoline. While there is little to be done about the price of gas itself, there are some things the average vacationer can do to help ease the costs of auto travel.
|
|
|
|
|
| New Finance Articles |
- 1). How To Earn Money Online In Five Easy Steps By : John Morris
Living in Los Angeles, Greg realized that there are a lot of people who work from home rather than the office. One reason is that many of these executives are writers and producers of films and television shows...
|
- 2). You Can Stick to Your Budget By : Jonathon Hardcastle
Recent studies have shown that Americans are spending less money on necessities than ever before. Yet, more Americans are also in debt. The unspoken fact that makes both those statements true is that Americans are spending more and more money on luxury items.
|
- 3). Technical Analysis Of Stock Data By : John Morris
To perform a technical analysis is simply examining stock chart data in order to make predictions about the future of that stock. Investors who use this style of analysis are often unconcerned about the nature or value of the companies they trade stocks in...
|
- 4). Getting The Most Money Out Of Selling Your House By : John Morris
It is easier said than done to make a profit in the real estate market nowadays. Those that manage to consistently turn a profit on real estate investments have been working in that field for years and are using proven strategies in order to minimize risk...
|
|
|
|
|
|
|
|
|
|
|
- 10). How Can I Be Approved For A Low Rate Credit Card? By : Mike Singh
When applying for a credit card you may come upon what is called a low rate credit card, what is this exactly and how can it help you? First of all you should know that a low rate credit card is usually an excellent way to go when applying for a credit card. Find out more...
|
|
|
