Global ResidencySecond PassportsBrazil Residency: Relocating to a Sunny Paradise in Latin America - Lincoln Global Partners

March 7, 2024by Georgea Rios0

Brazil Residency: An attractive option for US citizens seeking a sun-kissed lifestyle

Embarking on a journey to Brazil, with its vibrant culture, stunning landscapes, and lively atmosphere, is a dream for many. The land of samba rhythms, lush rainforests, and sun-kissed beaches. Brazil, is a country that captivates the heart and soul of every traveller. A kaleidoscope of culture, nature, and boundless energy, from the vibrant streets of Rio de Janeiro to the breathtaking expanses of the Amazon rainforest.

Unknown to many, Brazil and the United States share a long story and cooperation and bilateral agreements. After Brazil declared independence in 1822, the United States promptly acknowledged the nation’s sovereignty in 1824, solidifying an enduring connection. As the foremost democracies in the Western Hemisphere, the collaborative alliance between the United States and Brazil is founded on a mutual dedication to fostering sustainable economic development and well-being. This partnership extends to the promotion of global peace, and security, which is no news to the over 70,000 US Citizens currently residing across the Brazilian territory.

The benefits of a tropical country with a welcoming culture, straightforward pathways to residency, and undeniable economic growth open a window of opportunities for Americans seeking a second residency. 

brazil visa for US Citizens

Breaking News: Brazil back to the World’s TOP 10 Economies

As per the latest intel from the International Monetary Fund (IMF), the 20 global bigwigs in 2023 include heavyweight economies such as the United States, China, Germany, Japan, India, the United Kingdom, France, Italy, Brazil, Canada, Russia, Mexico, South Korea, Australia, Spain, Indonesia, Turkey, the Netherlands, Saudi Arabia, and Switzerland.

The report spills the beans on Brazil’s economic prowess, pegging its GDP at a substantial US$ 2.13 trillion. According to the IMF insiders, GDP is the cash value of the end user’s purchases of final goods and services produced within a country throughout a given time frame. Essentially, it’s the financial fingerprint of a nation, allowing for comparisons with others and offering insights into growth dynamics and economic development, among other factors.

Fast forward to 2026, and the IMF paints a picture where Brazil might ascend a rung on the global economic ladder, potentially claiming the title of the eighth largest economy on Earth, boasting an estimated GDP of $2.476 trillion. 

It is clear that under this criteria, acquiring a second residency in Brazil goes beyond the perks of warm weather. Investing in real estate, business or even acquiring a digital nomad permit are possibilities for a high ROI within the next 2 years. The considerably low cost of living, and the financial expectations make the Brazil visa an attractive option for US citizens seeking to diversify their options.

brazil visa for US Citizens

How to Acquire a Brazil Visa for US Citizens

It is crucial to keep in mind that Brazil does not offer a direct pathway to Citizenship. One must acquire a Residency, and after 4 years* as a Permanent Resident, comes the eligibility for a passport. 

That said, there are 4 main pathways to acquire a Brazil visa for US Citizens:

 Brazilian Commercial Enterprise- Residency by Investment

For those looking to invest in Brazil, establishing a company is a viable avenue. By committing a minimum investment of 500,000 Brazilian Reals (roughly U$100,000) into the company, investors become eligible for permanent residency. The process involves initially obtaining temporary residency, which is valid for two years and can be subsequently renewed to achieve permanent residency status. It’s important to note that a minimum stay requirement of 180 days in the country is part of this investment driven pathway towards residency and potential citizenship.

The Brazilian Golden Visa- Residency by Real Estate Investment

Individuals investing in real estate have the opportunity to secure residency in Brazil through the following investment options:

  1.  A minimum investment of 1,000,000 Brazilian Reals, applicable anywhere except for the North East region.
  2.  A minimum investment of 800,000 Brazilian Reals, specifically in The North East.

This investment pathway leads to temporary residency for two years, with the possibility of direct renewal for permanent residency. Citizenship becomes accessible after maintaining permanent residency status for a total of four years. As part of the requirements, investors are expected to spend a minimum of 180 days in the country.

The Brazilian Digital Nomad- Residency by Proof of Funds & Remote Occupation

Per Resolution CNIg nº45/2021, individuals with a clean criminal record and the ability to demonstrate remote employment, accompanied by a minimum monthly income of U$1,500 or financial reserves totaling U$18,000, are eligible to apply for residency. This avenue offers temporary residency for an initial duration of one year, with the option for renewal for an additional year. 

The Brazilian Residency for Retirees

As per Resolution Nº40/2019, a temporary visa is available for retired and/or pensioner immigrants who can substantiate a monthly transfer of funds to Brazil amounting to USD 2,000.00 or more. The retiree is permitted to reside in the country for an initial period of two years, with the option for renewal. However, it’s essential to note that eligibility for Brazilian Citizenship is only attainable after holding Permanent Residency status for a continuous period of four years.

Ready to start? Book a free consultation call with our specialists and find out the most suitable option for you!

Georgea Rios

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