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29.04.2008

PERMANENT RESIDENCE VISA - INVESTMENT (VIPER)

GENERAL RULES

A ‘Permanent Residence Visa’ may be granted to the foreign citizen who will invest a minimum of US$ 50,000.00 (fifty thousand US dollars) in Brazil, upon approval of the applicant’s (or his representative’s) direct request to the Ministry of Labour and Employment, or one of its regional offices in Brazil. Only after receiving due authorisation from Brazil will the Consulate General issue the visa.

• Applicants must have lived in the UK for at least one year prior to the visa application.

• Applicants intending to travel accompanied by spouses or children must present their marriage and birth certificates, for legalisation

• First entry into Brazil must be within 90 days from the date the visa is issued.

It is the responsibility of the applicant to make sure the application is lodged accordingly.

• Within 30 days of arrival in Brazil, bearers of a ‘Permanent Resident Visa’ must register with the Brazilian Immigration authorities (DPMAF) and submit the second copy of the visa application form, which will have been stamped and returned to them by the Consulate General.

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