The Real Deal Miami

State department cuts wait time for visas from Brazil

May 21, 2012 01:30PM

In a move that could boost Brazilians’ already-strong impact on South Florida real estate, the U.S. State Department has cut down the waiting time for obtaining visas in Brazil, the Sun Sentinel reported. With additional staff in place, it could take around two weeks for Brazilians to receive a visa, as opposed to as high as 100 days in some cases. As The Real Deal previously reported, a U.S. plan to waive visas for Brazilians would entice more buyers from the country, which already boasts a huge presence in South Florida’s residential real estate sector. [Sun Sentinel]