Brazil Permanent Residency: Brazil is now offering foreigners the opportunity to get permanent residency, for which Indians can also apply. Under this, one gets the facility to live, work and study continuously in the country. This scheme is good for those who want to settle in Brazil, but there are some necessary eligibility and rules for this.
Brazil is known for its beauty and rich culture, but now this country has also become a better option for those who wish to live, work and study abroad. Brazil has launched a permanent residency program, which costs around Rs 27,000 in India, and Indian citizens can also apply for this scheme.
There are several ways to obtain permanent residency in Brazil. The most common way is to invest in a business or real estate in Brazil. Apart from this, permanent residency can also be obtained if one has a job in Brazil and keeps it. There is also a chance to obtain residency through marriage or through having a child in Brazil. You can also apply if you receive a regular pension after retirement. Overall, those who have an income of around US$2,000 per month can become eligible for temporary residency, which can later be converted into permanent residency.
The applicant for permanent residence has to submit certain required documents such as a valid passport, police clearance certificate, proof of legal entry and stay, employment or investment documents, etc. Apart from this, one must not stay outside Brazil for more than two consecutive years to maintain the residency status.
The application process is simple. First, the documents have to be prepared according to the investment or employment for the respective visa. Then the application has to be submitted online or at the Brazilian embassy. The application fee ranges from about 100 to 300 dollars. After the application is accepted, the applicant gets a permanent residence ID card from the Brazilian Federal Police. The total process can take about 4-6 months.
Although living in Brazil can be attractive, the cost of living is expensive in some places. Also, tax rates are good and the job market is quite competitive. Knowledge of Portuguese, which is the main language, is a must.
