Category Archive: Relocating

Health Warning: moving, relocating and importing household goods to Brazil is a complex and difficult process. Prepare early, prepare thoroughly and be prepared to be patient!

Sep 20

Protectionism: R$ 600.000 investment threshold for investment Visas in Brazil

Brazilian government shooting in their own foot

Brazilian government shooting in their own foot

Protectionism all over the place: Brazil is closing its doors

In another attempt protecting the labour market, Brazil has raised the minimum capital requirements for granting permanent Director’s Visas in Brazil. In the past it was possible to obtain a permanent visa for intra-company transferees to work as managers, directors, or executives with a minimum investment of US$200.000. From now on, companies have to invest at least R$ 600.000 in order to obtain a visa for its foreign directors who are coming to live in Brazil. Each additional director will require another R$600.000.

On this blog I have already given other examples of protectionism by the Brazilian government. Just a few days ago I wrote an article about the massive tax increase (+30%) on imported cars. Also the wind-energy industry is experiencing the measurements to protect the local (monopolist) steel industry.

Although the increased capital requirements and the additional option to get visa for foreign managers will provide additional revenue for Brazil government and facilitate the creation of jobs in the country, they could add further stress on the already tight labour market particularly for qualified labour and possibly discourage long term productive foreign direct investments  in Brazil vis-a-vis other similar foreign direct investment destinations with a more favourable legislation on foreign labour.

Again, this looks like another time the Brazilian government is shooting in its own foot.

So, as the Economist already mentioned in their April 2007 issue:

The Brazilian formula is to crowd out enterprise or drive it underground with excessive spending and taxation, then to harass it further with capricious, nonsensical regulation.

Source:  RESOLUÇÃO NORMATIVA Nº 95, DE 10 DE AGOSTO DE 2011

Link

Brazil’s Boom Creates Demand for Talent

Multinational companies are taking extra measures to secure qualified employees in Brazil’s booming economy. To cope with a talent shortage, many are beefing up internship programs, spending more on training and salaries and relocating workers from flat or declining markets.

Brazil's economy has soared in recent years: In 2010, U.S. foreign direct investment in the country totaled $6.2 billion, up from $2.4 billion in 2003.

Particularly in demand: English-speaking managers and engineers, as well as those with experience in business development.

Brazil’s economy has soared in recent years as its oil, gas and ethanol sectors thrived. In 2010, U.S. foreign direct investment in Brazil totaled $6.2 billion, up from $2.4 billion in 2003, according to the Banco Central do Brasil. From January through April this year, U.S. investment reached $3.1 billion. To read the full article please visit: Brazil’s Boom Creates Demand for Talent – Barrons.com.


Aug 24

PERMANENT VISA – INVESTOR

Visa for foreign investors

Foreign investors may apply for a permanent visa in order to live and personally run their businesses in Brazil. The requirements are listed in this resolution of the Ministry of Labour and Employment

Permanent visas based on investment may be granted to applicants who will invest a minimum of R$ 150,000.00 in Brazil, which must be proved by a statement issued by the Brazilian Central Bank."Brazilian Visa"

Authorisation for this type of visa must be requested by the applicant, or his/her representative directly in Brazil by the Ministry of Labour and Employment.

The Consulate will only issue the visa once the Ministry of Labour and Employment authorizes the Consulate to do so.

Read the rest of this entry »

Aug 21

Visas

PLEASE ALL FOREIGN PASSPORT HOLDERS CONSULT THE FOLLOWING LINK FOR ALL INFORMATION REGARDING THE NEED OR EXEMPTION OF VISAS TO BRAZIL. A PDF TABLE WILL BE DOWNLOADED. Click here

Depending on the purpose of visit and on the visitor’s nationality, a visa is not required to enter Brazil. EU citizens on a tourism or business trip to Brazil, for instance, are exempt. For other cases, check below at “How to apply for a visa” whether you are exempt or not. Even if you are exempt from a visa, on arrival in Brazil you must produce a passport valid for at least six months.

Argentinians, Bolivians, Chileans, Colombians, Ecuadorians, Paraguayans, Peruvians and Uruguayans are exempt from passport requirement to enter Brazil as tourists. Nationals from these countries may simply produce their national identity cards instead.

Additionally, you may be required by the Brazilian Migration Police (Polícia Federal) to meet the following conditions:

1) Prove you have sufficient funds for your term of stay.

2) Demonstrate your travel objective (for instance, by means of a hotel reservation and a roundtrip ticket, in case of a tourism trip).

NEW VISA SYSTEM

HOW TO APPLY FOR A VISA

Visas are classified according to the nature of the trip and stay in Brazil.
Most cases of visa application fall under one of the types below.
Please click on the line that best fits your case or send an e-mail to
visas@consbras.nl asking for further instructions on how to apply.

VITUR – tourists
VIPER – investor

VIPER – manager or representative in Brazil of a financial foreign institution
VIPER – head of philanthropic or religious institution or public interest NGO
VIPER- retiree
VIPER – family reunion (marriage)
VIPER – researcher
VITEM I – researcher or exchange students program
VITEM I – voluntary worker
VITEM II – adoption
VITEM II – business trip
VITEM II – filming
VITEM III – artists and sportsmen
VITEM IV – undergraduate, master or doctorate student / internship visa
VITEM V – professional worker
VITEM V – professional on an emergency technical assistance mission
VITEM VI – news correspondents
VITEM VII – ministers of a religious creed or members of a religious congregation

VIDIP and VISOF Diplomatic and Official Visas

AUTHORIZED VISAS
A few kinds of visas (VITEM-III, VITEM-V, VITEM-VI and VIPER) are only issued under authorization from Brazilian home authorities.Click here to check whether the Consulate General has been authorized to issue you a visa.