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Real estate investor visa

Hello all, first time poster here.
I've been doing some initial research on the real estate investment visa.
Does anybody have any experience with this visa? Did you apply within Brazil or abroad?
Is the holder of this visa allowed to work in Brazil?
Thanks
Dan
See also
There is an Investor Visa.
By investing a minimum of BRL1 million (approximately US$260,000) in Brazilian urban real estate, foreign nationals can obtain a two-year provisional residency visa after having spent only 30 days in the country. The minimum property investment requirement for the north and northeast of the country is even lower: in these areas, an investment of as little as BRL 700,000 (around US$179,000) can enable the investor to secure provisional residency rights.
If after 2 years, the investor still owns the investment property and remains in good standing, the visa can be made permanent.
Yes, you are allowed to work. I would contact the BR Consulate. Presently in BR, it is emergency only. Try emailing the Consulate in your area.
1 member reacted to this post
Hi Texanbrazil
Thanks for your reply.
I have an appointment at the consulate next week in order to start the process.
All the best.
Hi dd30,

I've just read on the Brazilian consulate website for the UK that the investment visa process should be initiated in Brazil through the ministry of labour, however I am unsure if the situation has changed due to COVID.

Either way please keep us updated with your progress as this something I am also keen to obtain,

Thanks,

Ikexplorer
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Moderated by Diksha 4 years ago
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Isreal.
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2 members reacted to this post
I didn't know.
So sorry, will delete it.