The idea of investing in real estate and obtaining the right to live permanently and without a time limit in another country is already common in Europe and other parts of the world. And, a few years ago, a project that offered a “golden visa” in Brazil was also available to citizens from all over the planet.
Thus, foreigners who wish to take up residence in Brazil can acquire a high standard property, with the advantage of needing less capital than necessary to purchase a property in the US or European countries.
In this article, you will understand how the “golden visa” works and how it can be obtained in Brazil through investment in real estate.
Keep reading!
What is “golden visa” and what are its benefits?
The Golden Visa, which is officially known as Residence Permit for Investment Activity (ARI), is a project that started in Portugal.
Its objective is to grant residency in the European country to foreign citizens, non-EU nationals or residents outside the Schengen Area, through financial investment in real estate and other sectors.
In Brazil, since 2018 it is also possible to obtain permanent residency through real estate investment, thanks to Resolution No. 36 of the National Immigration Council, as a result of the new Migration Law, which came into force the previous year.
Prior to that, stay permits were granted to investors who invested funds in companies, a process that was more complex and also took longer to complete.
Despite having another name, the “golden visa” in Brazil was inspired by the European project and is an excellent alternative for foreigners who want to stay in the country permanently.
The Brazilian program has no nationality restrictions and is valid for immigrants from any origin.
Conquering the “golden visa” in Brazil through investment in real estate brings numerous advantages, since the capital used to acquire a property in the country is smaller than in the US or in European countries, due to the devaluation of the real against the dollar , making this an attractive business for foreigners.
In addition to facilitating the entry of investors into the country, permanent residence brings more security for those who wish to buy a property in Brazil.
In the same sense, the measure seeks to attract investments to Brazil and move sectors that go hand in hand with the real estate market, such as civil construction.
How to have a “golden visa” in Brazil investing in real estate?
To obtain the “golden visa” in Brazil investing in real estate, and thus remain in the country without a specific date to leave, the immigrant will need to follow some rules.
With different requirements from the Portuguese initiative, the residence permit can be requested through the purchase of a property in the country. The minimum investment in finished or under construction properties is R$ 700,000 for the North and Northeast states. In other regions, this figure rises to R$ 1 million.
The purchase can be made for both residential and commercial properties, as long as they are in urban areas. This means that rural properties, sites or farms are not included in the project.
After having the investment validated by a Brazilian bank, the investor will gain the right to a provisional authorization valid for two years.
This is a guarantee requested by the Brazilian government, in order to prove that the property is being conserved and remains with the same owner. Once this period has expired and the requirements have been met, the residence permit becomes permanent.
In addition to purchasing the property and the need to keep it for two years, the immigrant needs to live in Brazil for at least 30 days to guarantee residency. If you remain in the country as a resident for four years, the resident is authorized to apply for naturalization.
Infinitá Treehouse: one of the best investments in the moment
To obtain the “golden visa” in Brazil, the Infinitá Treehouse, by Blue Heaven, proves to be a great investment opportunity. The property is located in one of the noblest neighborhoods of Itajaí, in the state of Santa Catarina, right in front of the sea, next to Marina Itajaí and close to Morro do Atalaia.
Our apartments were designed based on the concept of “hanging houses” and with architecture signed by the renowned international office Triptyque, and have a complete, sustainable and innovative infrastructure.
In addition, Infinitá Treehouse has the best value for money in the region. This is because, for the price of a high-end property measuring 290 m2 on Avenida Atlântica, in Balneário Camboriú, it is possible to purchase a 355 m2 unit at the Infinitá Treehouse and even a 50-foot Azimut speedboat to navigate the Itajaí sea.
The project also offers other benefits for your complete comfort:
- Individual swimming pool per apartment, with glass display.
- One unit per floor, with a balcony of up to 60 meters.
- Individual charging for electric cars.
- Premium services.
To learn more about Infinitá Treehouse and get all your questions answered, click on the link below and talk to our team!
