Route 04
Executive / Director
R$0
R$150,000 with a binding commitment to ten jobs in two years
Legal basis: Resolução Normativa CNIg nº 11/2017
Last verified 2026-08-01
Route snapshot
- Threshold
- R$600,000
- USD
- $110,701
- NGN
- ₦171,428,571
- GHS
- GH₵1,428,571
- Typical timeline
- 5–9 months
- Business plan
- Yes
- Job creation
- Yes
- Family included
- Yes
Conversions at rates of 2026-08-01
Overview
This route grants residency to a foreign national appointed as administrator, director or manager of a Brazilian entity, where a foreign group has invested at least R$600,000 in that entity per appointed executive. It is a corporate route rather than a personal-investment one: the investor is the company abroad, and the permit attaches to the office you hold.
There is a lower variant. R$150,000 suffices where the company binds itself to create ten jobs within two years of the appointment. The commitment is contractual and is examined later, so it is not a discount — it is a substitution of capital for an employment obligation that someone will have to honour.
The structuring is the work. A Brazilian entity must exist or be formed, the foreign shareholder's investment registered as RDE-IED, and the appointment made through the contrato social or a shareholders' resolution filed with the Junta Comercial. The appointment must name a specific individual, define the office, and be capable of being read as a real allocation of authority.
And the office must actually be exercised. The permit rests on you holding and performing the role: signing for the company, directing its operations, being present in Brazil. An appointment created to support an application and never used is the failure mode this resolution is drafted against, and it is visible in the accounts long before it is visible in the register.
Engaged case by case
This route requires specialist cross-border corporate counsel — group structure, transfer pricing exposure and the executive's tax residency all interact. We take it on selectively, after reviewing the group's structure, rather than as a standard product.
Requirements
Cost breakdown
| Line item | Amount |
|---|---|
| Cross-border corporate structuring advice | R$18,000–R$35,000 |
| Entity formation or restructuring | R$6,000–R$12,000 |
| Appointment instrument and Junta Comercial filing | R$3,500–R$6,000 |
| Business plan, where the job-commitment variant is used | R$12,000–R$20,000 |
| Accounting setup and first-year retainer | R$9,600–R$18,000 |
| FX spread on R$600,000, 1–3% | R$6,000–R$18,000 |
| Apostille and sworn translation, including corporate documents | R$5,000–R$9,000 |
| Federal application fees | R$1,200–R$2,500 |
| Total | R$61,300–R$120,500 |
Total transaction cost, indicative, excluding the qualifying investment itself
Corporate documents of the foreign parent must be apostilled and sworn-translated as well as the executive's personal documents, which is why translation costs run higher on this route than the others.
Timeline
Group review
2–4 weeks- Parent structure, shareholding and intent reviewedLu Gold
- Variant chosen: R$600,000 or R$150,000 with job commitmentLu Gold
- Corporate records and financials suppliedClient
What goes wrong on this route
Every one of these has cost someone a filing. They are set out here because you will find them eventually, and it is cheaper to find them now.
An appointment that exists only on the register
If nobody can point to decisions you took, the office is nominal. We define the powers in the instrument and set up signature authority, banking mandates and reporting lines that show the role being used.
The job commitment is made and not met
Under the R$150,000 variant the ten positions are enforceable. We only recommend that variant where the operating plan already supports the payroll, and we track hiring against the commitment.
Group structure that obscures the investor
Layered holding companies make it hard to evidence who invested. We document the chain from parent to Brazilian entity and apostille the corporate records before filing, not after an exigência.
Unplanned tax residency
Holding an office and living in Brazil creates personal tax residency and can create permanent-establishment exposure for the group. Both are modelled with cross-border counsel before the appointment is made.
Executive departure ends the basis
The permit follows the office. Resignation or removal before permanence is consolidated puts status at risk, so we agree the term and the succession position with the group in advance.
Documents checklist
Questions we are asked
Start with a straight assessment.
Twenty minutes, no charge, and an honest answer on whether the executive / director route fits your capital and your documentation. If it does not, we will say which one does — or that none of them does yet.