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Cost of retirement visa

Last activity 21 October 2023 by Kurterino

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Drjmagic

Hi,


Can someone please confirm what the minimum required monthly pension amount  is for a retirement visa in Brazil.


The government website (Aug/22) says 6,ooo reais per month, but other sites say $2,000 (I assume USD).


THANKS

Pete

GuestPoster376

What the government website says is what I will assume is correct, unless the "other sites" are granting valid visas.

Peter Itamaraca


    Hi,
Can someone please confirm what the minimum required monthly pension amount  is for a retirement visa in Brazil.

The government website (Aug/22) says 6,ooo reais per month, but other sites say $2,000 (I assume USD).

THANKS
Pete
   

    -@Drjmagic


The minimum requirement is currently R$6000 (BRL) + another R$2000 per additional applicant. That could be the confusion, or the site you looked at was written when the exchange rate was about 3 reais to the dollar

roddiesho

@Drjmagic I agree that is the amount. How are you doing with the documentation for the Retirement Visa? I believe they also require you to be able to support yourself...Do you have a place to retire to? Over 65? International Health Care? Good Luck!


Roddie in Retirement1f575.svg

peanutme

Hi @Drjmagic


When we came it was at 1,600US. 

But it could have gone down….

2’000R at today exchange is about 1,200IS

abthree


10/19/23 Can someone please confirm what the minimum required monthly pension amount  is for a retirement visa in Brazil. The government website (Aug/22) says 6,ooo reais per month, but other sites say $2,000 (I assume USD).THANKSPete       -@Drjmagic

Hey, Pete, glad you're coming back.  I hope that the transition goes well for you.  Anything you see that quotes the income requirement in Reais is someone trying to be helpful by translating a USD amount into BRL, but as you're finding out it backfires, because the exchange rate changes all the time.  The income requirement for the VITEM XIV is defined in the regulations that created it in US Dollars, not Reais, as the equivalent in any currency of USD$2,000:



The Consulates General in Toronto and Vancouver don't list the specific requirements, but request the applicant to email the Consulate.


The fee for the visa is CAD$150 for Canadian citizens.

Peter Itamaraca

@abthree

There is clearly some confusion by applicants for this. I recall the requirement for the investor visa used to be expressed in USD, then they changed it to BRL. I actully thought they were going to do this for all visas, as it does make much more sense.


I have a couple of friends here who applied from the UK, and they could obviously only prove income in GBP, bu the value they had to achieve was R$6000.


So I looked at several overseas government sites, and they seem to differ (hence the confusion), for example see here:


https://www.gov.br/mre/pt-br/embaixada- … retirement


Very strange!!!

abthree

10/20/23 @Peter Itamaraca.  You might want to check again with your British friends.  The information page for the retirement visa at the Consulate General in London is malfunctioning this morning, but the one at the Consulate in Edinburgh defines the requirement in USD:


https://www.gov.br/mre/pt-br/consulado- … -vitem-xiv


The page you cite above from the Brazilian Embassy in Abu Dhabi is an outdated one (August 2022) from their archives, and contains information pertaining to the former VIPER for retirement which allowed for additional dependents besides the applicant and spouse; the current VITEM XIV is a new visa, not a continuation of the VIPER, and has no allowance for additional dependents.


Applicants who will probably be applying for a Brazilian visa in their home countries -- like Canadians in Canada -- are much less likely to become confused if they follow the current guidance provided by the local Brazilian diplomatic representatives.

Drjmagic

Hi,

Firstly a quick thanks to everyone who replied to my query. I really appreciate people - strangers - taking the time to try and assist me.

The fact that there are so many differing opinions makes me feel like I am NOT a complete idiot . . . well, I guess I might be but at least not in this matter.


i think the best plan is to go through the Brazilian  consulate in Canada. That way I can be certain to get up to date info.

I'll post what i find out here.

Thanks again,

Pete

GuestPoster376

If you can, use the one in YVR.


They did my VIPER for me as well as probably 6-7 various tourist visas since 2000.....very efficient snd responsive to email queries as well.

Kurterino


    10/20/23 @Peter Itamaraca.  You might want to check again with your British friends.  The information page for the retirement visa at the Consulate General in London is malfunctioning this morning, but the one at the Consulate in Edinburgh defines the requirement in USD:
https://www.gov.br/mre/pt-br/consulado- … -vitem-xiv

The page you cite above from the Brazilian Embassy in Abu Dhabi is an outdated one (August 2022) from their archives, and contains information pertaining to the former VIPER for retirement which allowed for additional dependents besides the applicant and spouse; the current VITEM XIV is a new visa, not a continuation of the VIPER, and has no allowance for additional dependents.

Applicants who will probably be applying for a Brazilian visa in their home countries -- like Canadians in Canada -- are much less likely to become confused if they follow the current guidance provided by the local Brazilian diplomatic representatives.
   

    -@abthree


i think you are correct.  Having obtained a retirement visa just this September, i had to check the requirements, and the only number I've seen was 2000$US

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