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Permanent Residency Investor Visa (VIPER)
Brazil offers what is termed “permanent residency” to those who invest in businesses or real estate above a certain sum immediately upon application approval. In practice, however, the residence permit is not permanent but, rather, contingent on the investor maintaining the qualifying investment.
Fortunately, program participants are eligible to apply for Brazilian citizenship citizenship in as little as three years.
Though a business investment of just US$28,000 is technically the minimum investment, this option is only feasible under very particular circ*mstances. Most applicants should expect to invest a minimum of US$93,000 in a business or US$126,00 in property.
Program at a glance
| Program Type | Golden Visa Program |
| Time to citizenship | 3 or 4 years |
| Time to permanent residency | Immediately upon approval |
| Minimum investment | BRL 150,000 (US$28,000) |
| Physical presence requirement | 30 days per year (under real estate option only, otherwise 183 days) |
| Application processing time | 4-6 months |
| Citizenship grants visa-free travel to | 169 destinations, including Schengen countries |
| Contribution types available | Property Investment, Business Investment, Fund Investment, Securities Investment |
Want IMI to put you in touch with a trusted specialist for this program?
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How to Qualify
Salient Benefits
Path to Citizenship
Program Authority
Program Legal Basis
Program Statistics
How to Qualify
Salient Benefits
Path to Citizenship
Program Authority
Program Legal Basis
Program Statistics
IMI Professionals who can help you with this program
Talk to a Trusted Program Specialist
As the hub for investment migration professionals, IMI is regularly in touch with program specialists in every corner of the globe.
Tell us a little about your situation and what you need so that we may put you in touch with the right advisors.
Five Real Estate and Residency Combinations for US$150,000 or Less
September 20, 2023
James Nuveen outlines five ways international investors can diversify both their property and mobility portfolios at the same time.
Unsung IM Programs Part 3: Brazil’s Permanent Residence Investor Visa (VIPER)
December 8, 2022
Immediate PR, citizenship in 3 years, free movement in most of South America, and birthright citizenship make for an interesting proposition.
What’s Causing the Surge in Brazilian Emigrants to Portugal?
September 4, 2019
Applications to Portugal’s golden visa began to rise sharply in 2016. This year, the number is set to reach a record high of more than 250 investors.
Top 7 Emerging EB-5 Markets To Watch – By EB-5 Daily
June 22, 2018
This article was contributed by EB-5 Daily The EB-5 Program is a popular way for high-net-worth foreign nationals to obtain
Actually Living There: Portugal Golden Visa Investors Increasingly Bring Family, Settle for Good
January 31, 2018
One of the criticisms most frequently levied against Golden Visa programs is that investors are merely out to obtain the
Golden Visa Hotspot Prices Up 37% in Portugal as Foreigners Buy 1/4 Homes Sold in 2017
January 12, 2018
President of the Portuguese Real Estate Professionals and Brokers Association (APEMIP), Luís Lima, said the number of home sales in
Direct Citizenship Programs
Programs that offer citizenship within months in exchange for investments or donations, with minor/no physical presence requirements.
Semi-Direct Citizenship Programs
Programs that offer citizenship in exchange for investments following a 1-2 year period, with minor/no physical presence requirements.
Bulgaria Investor Program(discontinued)
Malta MEIN
Golden Visa Programs
Programs that offer residence permits within months in exchange for passive investments, with limited physical presence requirements.
Andorra Residence Without Lucrative Activity
Anguilla Permanent Residency Program
Australia BIIP Investor Streams
Bahamas Economic Permanent Residence
Barbados SERP Program
Bermuda Economic Investment Certificate (EIC) Program
Brazil Investor Visa (VIPER)
Cambodia My 2nd Home
Cayman Islands Investor Visa
Colombia Investor Visas M and R
Costa Rica Investor Visa
Curaçao Investor Permit Program
Cyprus Golden Visa
Georgia Investor Visas
Greece Golden Visa
Guernsey Investor & Entrepreneur Residency
Ireland Immigrant Investor Program (discontinued)
Italy Investor Visa
Latvia Investor Visa
Luxembourg Investor Visa
Malaysia M2H Visa
Malta Permanent Residence Program
Mauritius Permanent Residency Program
Monaco Carte de Séjour
Netherlands Investor Visa
New Zealand Investor Visa
Nicaragua Investor Permanent Residency Program
Panama Qualified Investor Visa
Paraguay Investor Permanent Residency Program (SUACE)
Philippines Special Investor Residence Permit
Portugal Golden Visa
Russia Investor Visa
South Korea Investor Visa
Spain Golden Visa
Taiwan Golden Visa (APRC Plum Blossom Card)
Thailand Elite Residence Program
UAE Golden Visa
UK Investor Visa(discontinued)
United States EB-5
Uruguay Investor Visa
Independent Means Visas
Programs that offer residence permits within months to those who can demonstrate income or personal wealth above a certain level, usually requiring that the holder not take up employment locally.
Argentina Rentista and Pensionado Residency
Austria Independent Means Visa
Barbados Welcome Stamp
Brazil Retirement Visa
Chile Independent Means Visas
Colombia Independent Means Visas
Costa Rica Independent Means Visas
Gibraltar Category 2 HNWI Residence
Greece FIP Visa
Indonesia Retirement Visa (KITAS)
Ireland Independent Means (Stamp 0)
Italy Elective Residency Visa
Jersey High Value Residency
Mexico Legal Residency Visa
Nicaragua Pensionado and Rentista Visas
Panama Rentista Retirado Visa
Paraguay Independent Means Visa
Peru Independent Means Visa (Rentista)
Portugal D7 Visa
Spain Non-Lucrative Visa
Uruguay Independent Means Visa
Active Investor Visas
Programs that offer residence permits within months to those who physically relocate to start and/or run a business. Startup and entrepreneur visas fall under this category.
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Eric G. Major
CEO, Latitude Residency & Citizenship
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