Global
Global Mobility Insights - Frühling / Spring 2024 Immigrant as an Investor (in relation to the company established in Brazil) Entrance Type of entrance visa: Temporary | Jurisdiction: Consular authority Stay Stay at the country: Residence permit | Jurisdiction: Ministry of Justice Immigrant An individual who intends, with his/her own external resources, to invest in a legal entity in Brazil, in a project with a potential to generate job positions or income in the country. The investment must be carried out by the foreigner applying for the visa and must be paid in into the Company's capital stocks Investor: (i) own resources of external origin and at least BRL 500,000, or Requirements (ii) when the investment amount is lower than BRL 500,000 and provided that it is not lower than BRL 150,0000.00 for the entrepreneur who intends to settle in Brazil aim at investing in innovation activities, basic or applied research, of a scientific or technological nature Permit extent Investor’s residence permit will last for an indefinite period Immigrant as a worker with employment engagement Entrance Type of entrance visa: Temporary | Jurisdiction: Consular authority Stay Stay at the country: Residence permit | Jurisdiction: Ministry of Justice Immigrant A residence permit may be requested from immigrants who come to work in Brazil under an employment contract to perform any role in the Company, except for management and/or general representation of the Company. Prove of compatibility between the immigrant's qualifications / professional background and the activities to be carried out in the country by means of certificates or statements from the entities in which they have carried out activities, indicating compliance with Law specific requirements, such as 12-year education and Requirements 4-year professional experience in any occupation which does not require a technical or higher level. Exceptionally, depending on the activity to be carried out in Brazil, it will not be necessary to meet several technical requirements set forth by Law. Hiring company must prove that it has already engaged 2/3 of Brazilian employees for every 1/3 foreign workers transferred to Brazil. Such “2/3 rule” must reflect the benefits paid on the company’s payroll for its employees. Permit extent Up to 2 years, renewable or changeable for an indefinite period 42 convinus.com
Global Mobility Insights - Frühling / Spring 2024 Immigrant as a worker with no employment engagement (for technical assistant services) Entrance Type of entrance visa: Temporary | Jurisdiction: Consular authority Stay Stay at the country: Residence permit | Jurisdiction: Ministry of Justice Immigrant An individual who comes to the country without employment status to provide technical assistance services, because of a cooperation agreement signed between a foreign legal entity and a Brazilian company. Financial and managerial services are excluded and cannot be carried out. Immigrant will stay in the country under the responsibility of the company for which he/she is providing technical assistance. Company is competent to apply for a residence permit to a legal entity that: (i) is a recipient of technical assistance services; (ii) is a member of the same economic group as the foreign company employing the immigrant who provides services, Requirements Brazil; or (iii) is an intermediary for the foreign company employing the immigrant, simultaneously, to several companies receiving technical assistance services in due to a contract with an express exclusive covenant in Brazilian territory. In addition to the contract, the legal entity must appoint locations where the immigrant will carry out his/her activities and must communicate any changes in such regard to the authority. Up to 1 year and the temporal limitation does not apply to contracts that, due to their nature and purpose, contain a warrant covenant however, their validity is observed. Permit extent period of 1 year upon detailed justification from the applicant company regarding the New residence permit: (a) a new residence permit may be granted within a maximum need to continue the service; and (b) prior residence authorisation may be granted for a period of 180 days to the same immigrant, each migratory year, upon presentation of an invitation letter from the interested company attesting to the link between the immigrant and the service to be provided in the Brazil Immigrant as a worker with no employment engagement (for technology transfer) Entrance Type of entrance visa: Temporary | Jurisdiction: Consular authority Stay Stay at the country: Residence permit | Jurisdiction: Ministry of Justice Immigrant An individual who comes to the country without employment to provide services related to technology transfer because of a cooperation agreement signed between a foreign legal entity and a Brazilian legal entity 43 convinus.com
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