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Published in the Federal Official Gazette, on November 27, 2019, Normative Resolution No.40 of the National Immigration Council (CNIg) provides for the granting of temporary visa and residence permit based on retirement or death pension benefit.

The measure adopted by the National Immigration Council (CNIg) – on which the Ministry of Foreign Affairs participates - will allow the stay in the country of foreigners who have stable economic and financial condition and are interested in transferring monthly  US$ 2,000.00 (two thousand dollars) and over.

The resolution has the potential to increase investment in the real estate, commercial and tourism markets by retired immigrants or pensioners who may reside in Brazil.

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