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US attracts entrepreneurs after US citizenship

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US attracts entrepreneurs after US citizenship

Renan Sampaio Rocha, 30, and wife Clarissa, 27, opened the Media Click event company in Miami, Florida three months ago.

The region concentrates most Brazilians living in the United States.

They recently had two big parties, one of an American girl's 16th birthday (equivalent to Brazilian tradition for 15-year-olds) and a Jewish-American-Israeli wedding.

See also: See business options to open with $ 500 released from FGTS

Although competition in the industry is great, Rocha says the company's differential "is the service, made with great friendliness, quality and speed in services."

Grooms and guests have fun with different props available to take the photos and receive the copy on time.

"We have our own application that gives quality to printed photos," he says.

Couple left Brazil to 'escape violence'

The couple left business in Fortaleza (CE) in the care of partners and, after a year of planning, went to the US, where the woman has English classes.

In addition to escaping the growing violence in Brazil, he says he was fed up with the bureaucracy required of those who want to undertake.

Like Rocha and Clarissa, an increasing number of Brazilians are migrating to the US to undertake, a different scenario from years ago when they were looking for a job.

For these cases, the US government offers an attractive one – the EB-5 visa, which entitles the temporary Green Card to the entrepreneur, spouse and children up to 21 years old.

There is also the possibility of gaining citizenship if project goals are met, such as generating ten jobs in two years.

On August 22, 110 people attended a presentation at the headquarters of Fiesp (Federation of Industries of the State of São Paulo) about the process of internationalization of companies.

The event was organized by GBI (Global Business Institute), a business office founded by Brazilians in Miami to advise fellow citizens and Latin Americans who want to open businesses in the country. interested in the topic.

High cost

Staying legally in the US costs at least $ 500,000 (about $ 2 million at current exchange rates), the minimum amount for investing in the new business, apart from costs for lawyers and consultants.

As of November, this requirement rises to $ 900,000 for those applying in areas with the most job shortages, and from $ 1 million to $ 1.8 million for other areas.

The US government distributes 10,000 visas per year in this mode to citizens of various countries.

Last year, a record 388 EB-5 visas were issued to Brazilians, 37.6% more than the previous year.

Most are based in Miami or other Florida cities, home to some 400,000 Brazilians and a large Hispanic population.

It was also the period with the highest number of definitive exit records from Brazil.

"From 2014 on, the profile of Brazilians coming to the US has changed: they want to officially enter and undertake," says Manoel Suhet, president of GBI.

"The environment here is very favorable to entrepreneurship, there is legal and financial security and more democratized access to technology."

Company provides equipment maintenance and cleaning service

Aware of these attractions, in 2014 Francisco Moura Junior created ATM Club, which specializes in the implementation and management of ATM withdrawal networks.

According to him, it is a growing business in the country, where the population prefers to use cash to cards in various operations, including because there are discounts for this payment option.

The ATM network spreads its machines in places such as gas stations, hair salons, liquor stores and hospitals.

Initially, Moura and a partner also from Brazil acquired 30 ATMs.

With the growth of the business, they started to offer the machines to third parties and to act only in administration.

Cash withdrawal, regardless of the amount, has a fee of $ 2.99, divided between the owner of the machine, the owner of the place where it is installed and the administrators.

"We provide equipment maintenance, accounting and cleaning services," says Moura.

The investor needs to purchase at least ten machines at an approximate cost of $ 100,000.

Moura sold his brokerage firm in Brazil and decided to live in the US "to seek a different life for his children and more security" especially after assaults suffered by his wife.

At 39, he manages 500 ATMs installed in Florida and New York (60% of them in the hands of Brazilians).

He has plans to reach 1,000 boxes and have at least one machine in each of the 50 states.

"There are two US funds interested in buying part of the company, one to maintain the current model and one to turn the business into an investment fund," says Moura, who evaluates the proposals.

Suhet, 45, has been a consultant since 2017, when he left the board position at Latam.

According to him, you need to do market research, plan and understand the public and local laws to succeed in the business.

He talks about cases that started small and are succeeding, such as a Brazilian who started selling shirts with pictures of saints and started a business focused on "Catholic clothes".

Also that of a doctor who started making popsicles and now has 150 retail outlets in Florida.

Companies Offer US Project Quotas for Foreigners

Given the interest of Brazilians in opening businesses in the United States, also advances the number of companies focused on advising in this process.

LCR Capital helps Brazilians legally enter the US. The company offers project quotas in the US to global entrepreneurs.

The investment to obtain the EB-5 (as it gives the entrepreneur a temporary Green Card) is made in local enterprises, usually in regions where the unemployment rate is higher than the national average.

The minimum values ​​follow the same rules as the current US $ 500 thousand.

Ana Elisa Bezerra, vice president of LCR, speaks of rules as proof that the income to be applied has legal origin.

The last project offered was the financing of the construction of a Four Seasons hotel in Miami.

"Of the 200 quotas our office had to offer globally, more than 50 were purchased by Brazilians and more than 70 by Indians," he says.

"As it is a risky investment, we must choose the projects well," says Ana Elisa.

The investor may apply for EB-5, which she says may take up to two years to clear.

The new project, scheduled to launch in November, is the construction of the Hall Arts Hotel and Residences, a luxury boutique hotel and residential skyscraper in Dallas, Texas.

In May, Jaime Stupiello became a legal immigrant after two years of waiting for the EB-5.

The son has been in the country for two years as a student in an aeronautics course.

"As a child, he dreamed of being a pilot in the US Air Force," he says. Stupiello, who worked in the sugar and alcohol sector and his wife, teacher and sworn translator, decided to give up everything in Brazil to accompany their only son, 17 years old.

Stupiello has invested in the Miami hotel project and now, living in Sarasota, Fla., Will open, with his wife, a Home Helpers franchise that offers companions for seniors.

Safety

After taking an English course, working as a waiter, opening a car wash and a self-service Brazilian food restaurant, Gilson Marçal Rodrigues, now 46, opened a new restaurant with a capacity of 1,054 people in May this year. was for 160 people) and show space that can hold up to 1,500 people.

Gilson's Restaurant is on Orlando's main boulevard, International Drive.

He and a Brazilian partner also invested US $ 1.5 million in the new space, which featured Brazilian artists such as Alexandre Pires and Latinos.

Part of the money came from the sale of the old restaurant.

According to Rodrigues, during peak season, 55 people work at the site.

In its field, brands such as Coco Bambu, Madero and Paris 6 were unsuccessful in the US and closed down.

Paulo Leal also went through robberies and had his apartment invaded in Rio de Janeiro.

He decided to move to the US in 2016 with his two children, initially as an escort for his wife, who went to study and received a student visa.

A graduate in business administration and an MBA in business, he and a friend who already lived in the country created EasySim4You, a company that provides mobile phone chips to travelers.

"The idea was to end the frenzy that many Brazilians go through when they arrive in the US and have a hard time finding a chip that suits their needs or hunting for places that have Wi-Fi," says Leal.

He recently sold his share of the business to his partner and founded EasyStay, a Orlando vacation rental portal.

The portal has about 1,000 homes for rent in prime areas, mostly large, "to offer a cool experience" to tourists who stay longer in the region, do not want to stay in hotels and do not find such properties on sites such as Airbnb.

"We don't accept old houses and we have few small apartments," says Leal.

A house with five bedrooms and …

. (tagsToTranslate) entrepreneurship (t) entrepreneur (t) business (t) usa (t) brazilian

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