Residency in Brazil

Residency in Brazil for Italians is highly requested and recently in vogue. Brazil, officially the Federative Republic of Brazil, is located in the eastern half of South America. It borders the French overseas department of French Guiana, Suriname, Guyana and Venezuela to the north; Colombia to the northwest; to the west with Peru and Bolivia; to the southeast with Paraguay and Argentina and to the south with Uruguay.

It covers a size of 8.2 million square kilometers and has a population of over 200 million, making it the largest and most populous country in Latin America and the fifth largest in the world. Its capital is Brasilia, although its most populated city is Sao Paulo. Its official currency is the Brazilian Real (BRL).

Take up residence in Brazil, the economic giant of South America

Brazil's economy is also the largest in Latin America, the sixth largest in the world by nominal GDP, and the seventh largest by purchasing power parity. The country is a founding member of the United Nations, the G20, the Southern Common Market (Mercosur) and the Union of South American Nations (Unasur), as well as being one of the BRIC countries.

The country has several large and developed economic sectors such as agriculture, mining, manufacturing and services as well as a large labor market. Brazil is a major exporter of aircraft, electronic equipment, automobiles, alcohol, textiles, footwear, iron, steel, coffee, orange juice, soybeans, and canned meat. Besides being a world powerhouse in agriculture and natural resources, it has abundant reserves of oil, coal, gas, timber, gold, diamonds, rubies, emeralds, and many more. Taking up residency in Brazil opens the door to this magnificent array of business possibilities.

How to take up residency in Brazil

At Studio Panama Italia, we are here to help you during every stage of your internationalization and structuring plans. If you want to set up a company, open a bank account, immigrate and/or obtain residence permits in Brazil, you can view some of the articles and more information about the country on our website. Foreign nationals can benefit from full residency in Brazil (permanent ) in different ways

The ways to obtain permanent residency in Brazil are:

• Residency in Brazil via marriage to a Brazilian citizen
• Residency in Brazil via child with a Brazilian citizen
• Residency in Brazil via retirement (individuals who are retired and can demonstrate regular fixed minimum income may be eligible)
• Residency in Brazil via Family Reunification
• Residency in Brazil if they are high level scientists or researchers
• Residency in Brazil for investment purposes (individuals investing a minimum of R$150,000 in a Brazilian company or real estate may be eligible)
• Residency in Brazil being the administrator, manager or director of a professional or commercial company.

In addition, former residents who have lost their residency status (due to being out of the country for two or more years) are also eligible to reapply. Residency can also be granted to political refugees or asylum seekers.

At Studio Panama Italia we provide integral support for your residency practice in Brazil. To apply regularly for residency in Brazil, candidates will need to provide a valid passport, passport photos and pay a small administrative fee. Birth certificates must be notarized (legal) at a local consulate or embassy and translated into Portuguese by a sworn translator in Brazil. A criminal check by the local police is also required in all countries where the applicant has lived in the last 5 years. The police report also needs to be translated.

Here are the various ways to take up residency in Brazil

Child with a Brazilian citizen: Proof of identity of the child and the Brazilian partner, birth certificate and declaration of ability to support the child.

Marriage to a Brazilian citizen: Proof of identity of the Brazilian partner, marriage certificate and declaration that the applicant is not separated or divorced from the Brazilian spouse.

Family reunification: proof of the identity of the current Brazilian resident and of the family member applying for residency, proof of kinship between family members (such as a birth or marriage certificate), declaration that the person applying for residency has not been accused or convicted of a crime inside or outside Brazil, proof that the current family member residing in Brazil can financially support the applicant.* Couples married by proxy who wish to relocate to live in Brazil must apply directly in Brazil .

Senior scientist or researcher: temporary visa pending, declaration that the person applying for residency has not been charged or convicted of a crime inside or outside Brazil, CV and proof of qualifications, proof of more than 2 years of previous work experience in the science and technology sector.

Refugee: proof of identity and a statement that the person applying for residency has not been charged or convicted of a crime inside or outside Brazil, as well as proof of persecution and refugee status. Such residence in Brazil must be based on irrefutable and demonstrable evidence.

Retirement: Persons receiving a pension and at least fifty years of age who can demonstrate a minimum monthly income of R $ 6,000 (Brazilian Reais) for themselves and two legal dependents can apply for residence in Brazil as a pensioner. An additional R$2,000 plus US$1,000 is required for each additional employee.

Investment: individuals who invest a minimum of R $ 150,000 in a Brazilian company or property can qualify for residence. However, the residence in Brazil must be renewed every three years and the individual must demonstrate that the company is in order and creates local jobs.

Director or manager of a start-up: a start-up is a foreign company that has been operating for 5 years in another country. A power of attorney is granted to the legal representatives in Brazil to set up the company.

Director or manager of a company: Brazilian companies can hire foreign managers, directors or directors provided they demonstrate an investment of USD 200,000 per candidate and declare the technical and social benefits of their employment.

Additionally, individuals will need to have thumbprints on file.

Lay Volunteer : for foreigners who carry out voluntary work in religious or lay volunteer organizations

Religious Mission : For foreigners who carry out a religious activity in Brazil as ministers of the religious denomination; members of an institution of consecrated life, denomination or religious order; or as missionaries.

Further documents and authentications for residence in Brazil

▶︎ Contact us to proceed with obtaining the Residency in Brazil

To start your residence transfer procedure, contact us at info@studiopanamaitalia.com, sending us a copy of your passport, and the precise dates to start and take up residence in the country of your preference, or contact us via the contact form on this website or via whatsapp-telegram at +1 786-623-8177

Living in Brazil is the dream of many. Living in Brazil is a beautiful experience that many people want to do sooner or later. Often the idea of ​​living in Brazil comes after an exploratory trip to the country, perhaps for tourism. Many remain fascinated by the country and its people and for this reason they decide to move to Brazil. For many, living in Brazil will also mean working in Brazil; for others it will mean enjoying retirement in Brazil or working remotely. But the most important question of all remains the following: Is it worth living and or working in Brazil?

There are many aspects to consider before deciding to move to Brazil and from our direct experience they are perhaps particularly more important in Brazil than in other South American nations. If you really want to move to live and work in Brazil then check these indications carefully:

A condition to be satisfied once you decide to move to live in Brazil is to understand its social dynamics. The continent country has approximately 213 million inhabitants, a mix of all possible races. Brazil remains in the direct experience of those who have known all the countries of Latin America, the country with the greatest social hardship and social inequality on the Latin continent American. What is seen in the large cities of Brazil is not seen in the large cities of most other Latin American countries. The clear social inequality is appreciated in Sao Paulo, Rio de Janeiro, Fortaleza and all the large cities of Brazil. Afro-descendants are the ethnic category that suffers most from this inequality, the historical legacy of slavery and colonial policies of past centuries. Drugs in Brazil are highly consumed. This is a key factor that makes Brazil a microcosm, which differs greatly from the typical low percentage of drug users in Latin America. Brazil remains the only country with real crack lands on the outskirts and not just of the big cities. It will not be difficult to notice people injecting drugs on street corners or who are totally confused due to crack. Fentanyl is quite widespread. In June 2024, the country completely liberalized the use of marijuana at a federal level, so there are no longer any crimes related to the possession and use of the plant. Brazil is the second largest consumer of cocaine in America after the USA. Society remains fragmented, especially in highly populated areas and where competition and social disparities are becoming more acute. In Rio de Janeiro, even profound cultural characteristics of doing little and getting tired as little as possible make it very difficult for a foreign entrepreneur to do business in terms of work. Forget about the industriousness and speed of the Mexicans, on the contrary in Brazil everything will be slow and confusing. Sao Paulo deserves a special case, where there is an industriousness comparable to that of Mexico City, so much so that Sao Paulo is also considered the city par excellence where to move if you are a foreigner and dedicated to work, business, business or to seek advantageous career opportunities. Sao Paulo itself also remains far less violent than smaller cities.

Brazil launched a tax reform in July 2024 that projects it to be the country with the highest taxes in the world. With a VAT of 27.1 and taxes on purchases above 30%, Brazil surpasses another country known for high taxation, such as Colombia. Objectively speaking, the Lula government achieved victory over a reform hostile to the entrepreneurial and private class of the country which already experiences high taxation and inflation, impoverishing the purchasing power of Brazilians. With this financial maneuver, Brazil becomes the country with the highest taxes in the world. An excellent reason for countries like Panama, Paraguay, and others on the continent to quickly distance themselves from this trend and easily capture the fleeing and foreign capital that if they once thought of investing in Brazil now have 27.1 times the incentive not to do so and divert to countries safe for the capitalist such as Panama and Paraguay. At StudioPanamaitalia we have been working with Brazilian clients for years and for years we have dedicated ourselves to opening offshore companies for Brazilians, to opening offshore bank accounts for Brazilians and allowing Brazilians to take up tax residency in Panama or to move to Panama altogether on their own or with your own family. For Brazilians who want to take up residence in Panama or transfer capital or invest capital in Panama or for Brazilians who open online businesses and want to legally avoid 100% taxes, they can contact us to start quick and remote operations that allow everyone to protect your capital from Brazilian taxes.