Why Move to Brazil ? Top 10 reasons to live in Brazil in 2023
Brazil is a great place to visit and is becoming home for more and more foreign residents who fall in love with the country.Here are 10 reasons why people overseas decide to put down roots in this marvellous nation.
Brazil is a great place to visit and is becoming home for more and more foreign residents who fall in love with the country.Here are 10 reasons why people overseas decide to put down roots in this marvellous nation.
1. Brazilian Natural Beauty. Brazil has to be one of the most beautiful countries in the world.From the epic city skylines,incredible coastal regions,the wetlands,outback and rainforests, this country is blessed with incredible natural beauty and there is so much to see,so many amazing places to visit.
2. Brazilian people. People in Brazil are right up there as the warmest,friendliest,happiest people you could wish to meet.You can always have open and fun loving conversations on every street corner,in every shop,cafe,supermarket,bank,wherever you may be!
3.The food.The range and quality of Brazilian cuisine is undeniable.The variety of fruit and vegetables on offer is second to none,the soups,stews,bbq meats are amazing and if you like a tipple you can always lubricate the system with a few ice cold cervejas or a refreshing caiparinha!
4.Cultural Experience. If you have kids,they can jump right into the culture,make brazilian friends,learn a new language and broaden their life experience from a young age.
5 Free public healthcare.Free Health clinics are stationed in pretty much all small towns and villages and cities in Brazil,where you will be treated quickly with care and warmth and not need to pay a penny.
6. Cost of living. You can definitely go high end and blow your budget when fine dining in Brazil but the cost of food stuffs,accomodation,transport and day to living needs is quite a bit less, in dollar,euro terms,compared to the US or Europe.
7.Real Estate prices.Your money will definitely go considerably further when buying real estate in Brazil,especially in the cities for apartments and or if you are looking to buy a beach house.
8. Beach culture. Brazil is second to none in how the beach is celebrated and enjoyed.You can sit on your sun lounger,watch the world go by and be served hand on foot with all manner of beverages and food coming right to your doorstep.Not to forget the footvolley,music,beach fashion and stunning backdrops to savour.
9. Home Help. It’s very affordable to have a maid,cook,driver. This is a game changer in terms of quality of lifestyle for many working parents,business owners.The minimum salary is around 200 USD and home help is readily available so your domestic needs from food shopping to cooking to cleaning can be fully taken care of if you desire.
10. Lots of opportunity for business.The Brazilian market is very dynamic,flexible and wide open to new ideas,products and services.You can set yourself up with a minimal amount of capital to start a business and there is a greater potential for success should you have a winning formula.If you have a decent level of capital there are multiple investment options in real estate,development,buy to let properties etc
Brazil is a wonderful albeit challenging country to live in.You are guaranteed a colourful,memorable experience and one that you will cherish in your life journey.I certainly have!
Brazil Property Buyer ALERT! New Investment Visa + Financing Introduced. Effective Immediately!
Real Estate Investment Visa Introduced
The situation
The Ministry of Labor published a Normative Resolution introducing a new real estate investment visa which is effective immediately.
A closer look
Details of the new real estate investment visa are as follows:
Qualifying real estate investments. In order to qualify for the visa, real estate investments must meet the following criteria:
The real estate must be in an urban area, must be worth BRL 1 million and can be a fully built property or one that is under construction;
If the real estate is located in the north or northeast region of Brazil, the minimum required property value is BRL 700,000 and can be a fully built property or one that is under construction;
The value of the real estate investment can be spread across multiple properties in different Brazilian states if the total investment is at least BRL 1 million (or BRL 700,000 in the north or northeast region);
Co-ownership is allowed but each applicant must separately meet the minimum investment requirements; and
Applicants can obtain bank financing for but only for the amount that exceeds BRL 1 million or BRL 700,00 in the north or northeast region.
Validity. The real estate investment visa is valid for an initial period of two years and can be renewed indefinitely.
Application process. The application process is the same as other work permit categories which are subject to the analysis and approval of the Ministry of Labor in Brazil; proof of the acquired real estate investment must be presented when filing the application. Foreign nationals already in Brazil are also allowed to apply for the real estate investment visa while they are in-country. All applicants must remain in Brazil for at least 30 days after registering with the Federal Police.
Impact on foreign nationals
The real estate investment visa will open a new pathway for foreign nationals to be able to live and work in Brazil and it is intended to increase monetary investments to the country.
Background
The Brazilian government has been publishing normative resolutions which expand upon and clarify the November 2017 Migration Law.
Investor visas have been used to increase monetary and real estate investments by foreign nationals in numerous countries, including Turkey, Canada, Bahrain and Ireland.