Vitem IX --> CRNM --> Bank Account
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All-
I desperately need a bank account in BR. I am told I need a RNE (RNM) to open one. I have already purchased the apartment at a value which qualifies me for an Investment Visa. I am just not clear on the process flow to obtain a CRNM.
I applied online today for the Vitem IX and received the receipt. I will be going to BR in a few weeks. What is the next step?
Do I need to go to the consultate in LA first?
Do I need to go to the PF first?
Do I need to have the Visa approved before trying to get a CRNM?
My apologies in advance. I have read multiple posts and documentation but I still am not clear. Again, my ultimate goal is to open a bank account ASAP and I need to understand what will be required to get a CRNM and if there is action needed here in the USA before I go to BR in a few weeks. Thanks very much.
03/01/23 @headshot. When you say that you applied for the VITEM IX today, what agency did you apply to? Does your receipt indicate an interview date?
The regulations are not very clear in your case. You should probably send your questions to the Consulate General at this email address: visa.losangeles@itamaraty.gov.br
Hi Abthree... glad to know you are out there. I may be using the wrong terms but I filled out an application on https://formulario-mre.serpro.gov.br/.
The receipt says, " The Delivery Receipt and the original documents must be delivered to the Consulate within 180 calendar days from today's date. After 180 days, the request will be deleted from the database."
There is no date assigned for an appointment.
03/01/23 @headshot. Sorry for the delay -- we had a major Internet blackout in the North of the country, and just got service back.
That's just the information I needed. You should contact the Consulate and ask them when and how you can get the documents to them. If you're in the area and they're accepting walk-ins, that's certainly the best way. During the pandemic, a lot of Consulates were only accepting mail-ins, so I don't know whether LA has changed that or not.
Here are the instructions from the Consulate General in LA. The Consulate has accepted your application so the part about starting at the Ministry of Labor at the beginning should not apply to you, since you're not basing your request on creating jobs:
https://www.gov.br/mre/pt-br/consulado- … isa#vitem9
After the Consulate returns your passport with the visa in it, you can go to Brazil, register with the Federal Police, and request your CRNM. The visa should be all you need for that, but confirm it with the Consulate. When you have your CRNM, you can open a Brazilian bank account.
Hi Abthree...
I also emailed the consulate and their response was basically cut and paste the information on the link you sent me into an email and asked, "have you started the process in Brazil yet"?
Are you confident that I will not need, "... Brazilian company or institution must file a petition for temporary residency authorization at the Ministry of Justice (“Ministério da Justiça”)." If this truly is a requirement (to have a native company petition for me) for an investor visa based on the purchase of an apartment then I will have to abandon this Visa type.
Hi Abthree...
I also emailed the consulate and their response was basically cut and paste the information on the link you sent me into an email and asked, "have you started the process in Brazil yet"?
-@headshot
I'm not confident if the Consulate is asking you that question. In reply, please ask them what you have to do to start the process in Brazil.
@headshot Anything @abthree says I would follow, he is one of the most resourceful and knowledgeable on this forum.
My only suggestion is based on having been married to the most wonderful and resourceful (didn't go to college, she constantly reminds me wife in the world from Brazil for the last 22 years). I won't bother you with her miracles starting with when we first met. Her sister had a Thanksgiving arrival from Brazil to US when my wife called the airline and demanded that they make up for the missed connection of her sister and to put her up in a hotel with travel to the airport the next day on one of the busiest days of the year.
I say this because I have a Banco Do Brazil account via my wife without any of the visa's you mentioned. She simply added my name to her account and then made my own account with Banco Do Brazil. I don't know the official translation, but there is a term for getting the stuff done, that Brazilians are known for even if others are going the "official" route. You may want to get some native Brazilians on your side. As they said in Alice in Wonderland Brazilians are known for getting six impossible things before breakfast. Make some Brazilian friends.
Roddie in Retirement
@abthree That's funny, I was just looking over the posts and realized your blackout was probably the massive storm we had in the northeast that knocked out our power and destroyed my hot water heater (electrical). Can't stand cold showers.
Roddie in Retirement
03/04/23 @abthree That's funny, I was just looking over the posts and realized your blackout was probably the massive storm we had in the northeast that knocked out our power and destroyed my hot water heater (electrical). Can't stand cold showers.
Roddie in Retirement
-@roddiesho
Not impossible. The other big city that was knocked out at the same time was Recife. Sorry about your water heater: I feel the same way about cold showers. When we renovated our apartment, the stonemason was astonished that we wanted an electric shower in the guest bath too.
Hi Abthree. I had a consultation with a lawyer and wanted to follow up here. The Lawyer told me I would need someone to petition on my behalf. He offered to have his firm do this. I will give him the benefit of doubt and assume this true and an attempt to generate revenue for his firm.
The 2 must have documents needed for a "golden visa" (real estate investment) are the deed in my name and a letter from the financial institution I used to wire the money -- to ensure it was a legitimate transfer.
03/04/23 @headshot. Thanks for the follow-up. Since you said that you've already purchased the apartment, those docs should be easy enough to provide. Best of luck with it. Please let us know how it turns out.
Hi Abthree. I had a consultation with a lawyer and wanted to follow up here. The Lawyer told me I would need someone to petition on my behalf. He offered to have his firm do this. I will give him the benefit of doubt and assume this true and an attempt to generate revenue for his firm.
The 2 must have documents needed for a "golden visa" (real estate investment) are the deed in my name and a letter from the financial institution I used to wire the money -- to ensure it was a legitimate transfer.
-@headshot
I'm also on this journey of an Investment Visa through real estate. Could a lawyer in Brazil petition on my behalf? Since I want to use a Brazilian lawyer to help with legal work for purchasing properties.
Or will I have to get a lawyer who specializes in this area?
All-
I desperately need a bank account in BR. I am told I need a RNE (RNM) to open one. I have already purchased the apartment at a value which qualifies me for an Investment Visa. I am just not clear on the process flow to obtain a CRNM.
@Headshot
Do you think I could finance a property that qualifies for the Investment Visa?
Also, is it hard to get financing from a bank as a foreigner?
Hey, i suppose it might be possible but all I have read says it's improbable. I think interest rates are higher too in BR. I cash out refinanced my home in US to fund the purchase.
Hi Abthree. I had a consultation with a lawyer and wanted to follow up here. The Lawyer told me I would need someone to petition on my behalf. He offered to have his firm do this. I will give him the benefit of doubt and assume this true and an attempt to generate revenue for his firm.
The 2 must have documents needed for a "golden visa" (real estate investment) are the deed in my name and a letter from the financial institution I used to wire the money -- to ensure it was a legitimate transfer.
-@headshot
I'm also on this journey of an Investment Visa through real estate. Could a lawyer in Brazil petition on my behalf? Since I want to use a Brazilian lawyer to help with legal work for purchasing properties.
Or will I have to get a lawyer who specializes in this area?
-@antonioggriffin
My advice would be to look for recommendations to a bilingual attorney experienced in everything you want and ask them to do the whole process. I can make recommendations for Recife, but afraid I cannot help elsewhere.
All-
I desperately need a bank account in BR. I am told I need a RNE (RNM) to open one. I have already purchased the apartment at a value which qualifies me for an Investment Visa. I am just not clear on the process flow to obtain a CRNM.
@Headshot
Do you think I could finance a property that qualifies for the Investment Visa?
Also, is it hard to get financing from a bank as a foreigner?
-@antonioggriffin
100% you cannot seek finance within Brazil to qualify for a GV. To start with you have no credit rating here and no job, so finance would be impossible.
Secondly you have to prove that ALL the funds came through the Central Bank of Brazil (not the Bank of Brazil) as part of the visa application process.
06/06/23 Hi Abthree. I had a consultation with a lawyer and wanted to follow up here. The Lawyer told me I would need someone to petition on my behalf. He offered to have his firm do this. I will give him the benefit of doubt and assume this true and an attempt to generate revenue for his firm.
The 2 must have documents needed for a "golden visa" (real estate investment) are the deed in my name and a letter from the financial institution I used to wire the money -- to ensure it was a legitimate transfer.
-@headshot
Good morning. I just re-read our last exchange, and I'm not sure where I got the idea that you had already bought the property. If you have not, and don't have an existing relationship with an attorney that you feel comfortable with, then I second Peter Itamaraca's advice that you should get recommendations if you can and talk to several attorneys. If you don't have a network of acquaintances here yet to give you personal recommendations, you can search for local attorneys through jusbrasil.com.br by specialty. Those who speak English will usually say so in their profiles.
Just a quick follow up, Headshot - it is much better to start the process of identifying a suitable attorney, before embarking on the purchase to qualify for a GV. For example, there are certain proceedures that you must follow when transfering funds from outside Brazil, and you will need proof of this at the time of application. Wix, etc will not work, but you could use Moneycorp - so long as the funds enter Brazil through the Central Bank of Brazil (not the same as the Bank of Brazil).
Hi Peter,
Thank you for the follow up. I actually already made the purchase and now have collected the documents from the Cambio regarding the entry of money. Everything looks in order so I am at this step:
"This type of visa requires to start the process in Brazil. The Brazilian company or institution must file a petition for temporary residency authorization at the Ministry of Justice (“Ministério da Justiça”). Only after the authorization is granted, the applicant will be able to apply for a work visa at the Consulate General of Brazil in Los Angeles."
From your experience, is this step required if it is a real estate purchase and not the instantiation of an actual business?
Also, if everything is in order, do you have any idea how long the "Authorization" may take to be granted?
Lastly, does the application for the "work visa" need to be made via the consulate in my home country or is it something I can do in Brazil? I will back in Rio at the end of the month for a 2 month stay and hope to get this moving before returning to the USA.
Hi Peter,
Thank you for the follow up. I actually already made the purchase and now have collected the documents from the Cambio regarding the entry of money. Everything looks in order so I am at this step:
"This type of visa requires to start the process in Brazil. The Brazilian company or institution must file a petition for temporary residency authorization at the Ministry of Justice (“Ministério da Justiça”). Only after the authorization is granted, the applicant will be able to apply for a work visa at the Consulate General of Brazil in Los Angeles."
From your experience, is this step required if it is a real estate purchase and not the instantiation of an actual business?
Also, if everything is in order, do you have any idea how long the "Authorization" may take to be granted?
Lastly, does the application for the "work visa" need to be made via the consulate in my home country or is it something I can do in Brazil? I will back in Rio at the end of the month for a 2 month stay and hope to get this moving before returning to the USA.
-@headshot
Headshot - this quote is for the business investor visa, not the GV. With the business investor visa you actually have to create the company first, invest in it, and then it is the company that applies for your visa on your behalf in Brazil. When I received my approval, I had to return to the UK to be given the visa. This is not now necessary for any class of visa -so long as you are in Brazil legally at the time of application.
With the GV, once you have the proof of transfer of funds through the CBofB (it appears that you have), then you need the completed escritura to show the value invested surpassed the minimum, plus the usual visa docs. It is a process that can be completed in Brazil, and gives you residency while you are in Brazil - subject to the condition above.
You can actually use an attorney located almost anywhere in Brazil, as most of the process these days is electronic. However you will need to go to your local Federal Police to actually receive it. Timeframe from application to grant is normally 2-3 months, if they do not ask for any extra paperwork. Grant is usually for 1 or 2 years before you will have to renew it.
Hi Peter. Is this documented anywhere? If you have a link, I would appreciate it.
So, you are saying I just need to go to the PF with my documents? or do I need to complete an online application first? If you don't mind providing me the first couple steps, with maybe a site link if needed, I would much appreciate it.
The only thing I found was on the consulate site which did not make a distinction of business vs real estate investment. I emailed the consulate and below was their response which is basically what is on the consulate site...
Dear Sir,
Have you started the process in Brazil yet?
VITEM IX – Investment
This type of visa requires to start the process in Brazil. The Brazilian company or institution must file a petition for temporary residency authorization at the Ministry of Justice (“Ministério da Justiça”). Only after the authorization is granted, the applicant will be able to apply for a work visa at the Consulate General of Brazil in Los Angeles.
Eligibility:
1) Individual who intends to inves at least R$ 700.000,00 in real estate in the North or Northeast regions of Brazil;
2) Individual who intends to invest at least R$ 1.000.000,00 in real estate in the Center West, Southeast or South regions of Brazil.
Hi Peter. Is this documented anywhere? If you have a link, I would appreciate it.
So, you are saying I just need to go to the PF with my documents? or do I need to complete an online application first? If you don't mind providing me the first couple steps, with maybe a site link if needed, I would much appreciate it.
The only thing I found was on the consulate site which did not make a distinction of business vs real estate investment. I emailed the consulate and below was their response which is basically what is on the consulate site...
Dear Sir,
Have you started the process in Brazil yet?
VITEM IX – Investment
This type of visa requires to start the process in Brazil. The Brazilian company or institution must file a petition for temporary residency authorization at the Ministry of Justice (“Ministério da Justiça”). Only after the authorization is granted, the applicant will be able to apply for a work visa at the Consulate General of Brazil in Los Angeles.
Eligibility:
1) Individual who intends to inves at least R$ 700.000,00 in real estate in the North or Northeast regions of Brazil;
2) Individual who intends to invest at least R$ 1.000.000,00 in real estate in the Center West, Southeast or South regions of Brazil.
-@headshot
Typical confused Brazilian response, combining the business investor visa and the GV...!
I would suggest it may be time for you to take some legal advice, and make sure you have everything to hand. Time to speak to a suitable attorney. If you send me a private message, I can make recommendations for you...
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