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| Investing in Brazil | |
Topic: Starting an NGO for Visa & Clause-Art 3 (NR. 84) |
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danielmarkhobbs
Senior Member
Joined: 13 April 2010 Location: Australia Online Status: Offline Posts: 131 |
![]() Topic: Starting an NGO for Visa & Clause-Art 3 (NR. 84)Posted: 14 April 2010 at 17:27 |
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Dear Gringoes,
Has anyone had any experience with anyone (a gringo) that has set up a brazilian based NGO? Can it be streamlined and does it differ from the normal investment visa? I'm keen if SEBRAE or other organisations can streamline the bureaucracy of it all. It is ONE option I am looking into with my investment visa as it is a personal passion. Another thing I am interested in is: if starting an NGO as a gringo the organisation would be tax benefits (that could help the invested money go that little further)? Taking a quick look at Article 3 of the current revision to the investment visa law... Art.3 The National Immigration Council may grant the concession of a permanent visa to a foreign entrepreneur that intends to settle in Brazil in order to invest in productive activities even if the amount of the investment is inferior to the provisions set in the head of art. 2 of this Normative resolution. §1 The evaluation of the request will concentrate on the verification of the social relevance of the investment according to the following criteria... (and the law continues) Does anyone have any thoughts or experience with what could be a "inferior" amount? As a kinda idea of which I'm heading towards would be a small organisation that it soley paying for outgoings at a break-even profit. (Sorry, I'm not really divulging to much at this time just because I'm running with this new thought in it's infancy). This forum with it's great info and replies with darn right blatant realisms of starting a new business (which are all true and I'm aware
of) so other than this, please critisise and comment! All help is greatly appreciated! ![]() Cheers! Dan. PS I searched NGO in the forums to see if it had been asked or not (if so then sorry). Is the search boolean friendly? with all the info in these forums it would be a great tool! nudge nudge PPS- tags: NGO, Non-Profit Organisation/Organization, Not-for-profit Edited by danielmarkhobbs - 14 April 2010 at 18:29 |
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3casas
Gringoes.com Guru
Joined: 02 November 2006 Location: Brazil Online Status: Offline Posts: 3595 |
![]() Posted: 15 April 2010 at 10:14 |
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i wouldn't bet my life on it but there is a person you should talk to, if anyone knows it would be him.
his name is Donald, he's an american, runs an NGO and also a tourism agency, been here forever. He has a ning site at http://amehe tends to respond via direct email promptly. good luck. |
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sven
Gringoes.com Guru
Joined: 14 March 2007 Location: Brazil Online Status: Offline Posts: 12790 |
![]() Posted: 15 April 2010 at 12:41 |
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Creating an NGO would mean donating funds into a foundation you create. I doubt this would create grounds for an investment visa, unless a relevant number of jobs are created.
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We live in an age when unnecessary things are our only necessities.
~Oscar Wilde |
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hpeak13
Gringoes.com Guru
Joined: 14 July 2009 Location: Brazil Online Status: Offline Posts: 2130 |
![]() Posted: 29 June 2012 at 20:20 |
very very very interesting first post.......details? |
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We all have to decide for ourselves how much sin we can live with. -Enoch Nucky Thompson
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Squiddie
Senior Member
Joined: 27 June 2010 Online Status: Offline Posts: 1503 |
![]() Posted: 27 July 2012 at 21:59 |
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I would be very, very surprised if NGO would count as an investor visa. But your mileage may vary if you have local protectors who could assist.
But I am also very very interested in exchanging more info about NGO formation and work in Brazil, or, what the issues might be for a US charitable foundation to operate in Brazil. Edited by Squiddie - 27 July 2012 at 22:00 |
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Squiddie
Senior Member
Joined: 27 June 2010 Online Status: Offline Posts: 1503 |
![]() Posted: 27 July 2012 at 22:05 |
I think you may be mislead by the word "social relevance". I think that is less the fact that the scope of work is social, and more that the "Productive Activities" have a positive social impact. Notice the "productive" in "activities". Not only don't I think an NGO would classify under this at all (in the U.S. that would be considered "unrelated business" and taxed and penalized. I also suspect that Brazil will be less than welcoming of foreign NGOs trying to meddle with the local social framework, though that hasn't stopped the Evangelical churches from coming in. |
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Squiddie
Senior Member
Joined: 27 June 2010 Online Status: Offline Posts: 1503 |
![]() Posted: 27 July 2012 at 22:09 |
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But, if you want to build an NGO in Brazil and get a business visa, here is a thing I would consider: move your investment into a business first, buy land from it, get a visa. The land you buy might already have to do with your NGO activities. Then you start the Brazilian charitable corporation (I have no idea about taxation and how this is done in Brazil, but it likely exists as a construct.) Then after the probation period for the company is up, you would dissolve the company and donate everything to the foundation.
This plan would need to be checked with an accountant, lawyer, and by self-study of the Brazilian laws. |
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Squiddie
Senior Member
Joined: 27 June 2010 Online Status: Offline Posts: 1503 |
![]() Posted: 27 July 2012 at 22:10 |
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But you'd still need R$150,000, which is not the world, especially for someone thinking to operate an NGO.
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sven
Gringoes.com Guru
Joined: 14 March 2007 Location: Brazil Online Status: Offline Posts: 12790 |
![]() Posted: 28 July 2012 at 09:34 |
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Yes, social relavance has noting to do with an NGO. But someone setting up a small factory in the Sertão for example might benefit from this.
Chief of an NGO would get a visa based on this resolution: http://portal.mte.gov.br/data/files/FF8080812BA5F4B7012BAC6D0C6841AD/rn_20060509_70.pdf |
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agri2001
Senior Member
Joined: 28 June 2009 Location: Brazil Online Status: Offline Posts: 767 |
![]() Posted: 28 July 2012 at 11:50 |
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If someone is looking to open up an NGO for the sake of a visa I would think a better avenue would be to be ordained as a priest or minister or pastor or whatever the hell these deity worshiping enterprises call themselves and get a visa that way, easy to get by the way
Then you open up a church and really start rolling in the dough, ALL tax free.. Just an idea.. |
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Athiests are moral, they don't kill over religion.
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