Buy Property in Brazil and Get a Visa

The idea is straightforward. Buy property in Brazil and you’ll get yourself a visa. It’s a concept borrowed from what’s known as the “Gold Visa” in Portugal.

The RN36 investment visa was introduced in late 2018. It provides for a temporary visa based on an investment in urban property, whether already constructed or under construction.

The minimum investment amount is BRL$1,000,000 (approximately US$200,000) although investments in the North and Northeast regions require only BRL$700,000 (approximately US$137,000). The total investment amount is cumulative and may come from the purchase of multiple properties.

There are a few conditions though worth mentioning. First, the investment must come from a person and not a company. Second, the funds must come from abroad. And third, the investment must have the potential to generate jobs or other income for the country.

An RN36 visa comes with the right to stay in Brazil for two years. After that, you can file to extend the length of the visa. But as we always warn, be careful if you stay in Brazil for 184 days or more during a 12-month period as you’ll be considered a resident for tax-paying purposes. Yes, you’ll end up owing taxes.

If you’re looking for a way to stay in Brazil beyond your tourist visa, an investor visa might just be your best bet. It’s a great opportunity to invest in real estate while also getting the benefit of a visa to reside in Brazil.