Peru

About Peru Citizenship and Residency

Peru offers residency by investment, Peru is a country with an accumulation of natural resources and creates opportunities not only for the trade of goods on a national scale but also for sale throughout the world. Investing in Peru is all about finding a market that suits your individual needs. Whether it be through real estate, exports, or corporate formation, there is something to be capitalized on for every foreign investor.

Under the new Immigration Law (Legislative Decree N° 1350), in force since March 2017. To be eligible for the Investor visa you must make an investment of at least PEN500,000 (approximately 135,000 USD) in a Peruvian company or set up a Peruvian company with a capital investment of the same amount. Transfer of shares will not be considered an investment. The investment must be a one-way bank transfer that will be made directly from a bank account on your behalf. Applicants may be required to provide a business plan certified as viable by a local certified economist.

The investor visa is valid for one year, renewable if you prove that you still maintain the investment made, has hired at least 5 locals, and have stayed in Peru for at least 183 days during the year. After two years of legally residing in Peru, you may be eligible for citizenship, provided that you prove ties to the country, such as rental or purchase of residential property, you have been residing there during the whole period and you have knowledge of the Spanish language and the culture and values of the country.

Investor Visa Requirements in Peru

• The form F-007 can be downloaded for free on the ‘Migraciones’ webpage.
• Photocopy  and the original version of the traveling document (passport/foreigner’s card)
• The invoice of a transfer of S/107.50 Soles made to the local Banco de la Nacion.
• A commitment letter explaining that you will create a minimum of 5 employment positions for Peruvian citizens in less than 1 year of business operations.
• A Business Feasibility Project for a newly established company or a business plan for an already active company including the creation of 5 employment positions.
• A certification, stating that the money invested comes from abroad. This certificate needs to be filled out at the time of entering the country and be presented at the customs and Tax Administration Superintendence (SUNAT). This document is called ‘Declaracion Jurada de Equipaje-Ingreso’.
• An International Redemption Card from the International Police (Interpol).
• 2 x passport photos.

Additional Information

• In the company, you can only serve as a manager or director and need to respect the tax and working laws.
• Your company needs to have local workers on the company payroll.
• All documents need to be translated into the Spanish language by a certified translator.

After receiving your investor visa, you can work and live legally in Peru. As it is very common among foreign investors in Peru, they want to stay with the company they invested in or set up. Therefore, they can apply for Permanent Residency of Peruvian Citizenship to stay and work in Peru legally and indefinitely.

Benefits Of Peru Residency By Investment Program

• Visa-free or Visa on arrival to 118 countries, including Russia, Schengen Area, Southeast Asia
• The right to live and work in Peru at all times, and all the rights associated with membership of the Gulf Cooperation Council
• Access to educational and healthcare benefits
• Visa-free access to Russia
• Be eligible for citizenship in a short period
• Peaceful, democratic, and politically stable country
• Potentially profitable investment
• Low cost of living
• Be eligible for permanent residency in a short period

Peru Residency Requirements And Qualifications

The requirements and qualifications required to obtain Peru residency or citizenship are listed above in the “About Peru Citizenship and Residency” section.

Steps And Timeline

Step 1: Choose the Peru Visa type as per your purpose – Make sure that you are choosing the right type of visa when applying for a Peru visa.

Step 2: Find out the nearest Peruvian embassy in your country – You can call or email them to ask about the visa you are applying for and the timings before proceeding with the visa application for Peru.

Step 3: Come up with the documents Required for Peru Visa – The list of documents for a Peru visa will vary a little from one country to another.

Step 4: Submit the Documents and Application to Peru Embassy – Once you have the required documents, you can submit them to the embassy of Peru along with your Peru visa application form and other documents.

Step 5: Attend the Interview – Although not always, some embassies might ask you to come down for an interview when you apply visa for Peru.

Step 6: Pay the Peru Visa fees – Once your interview is done, you would be required to pay the Peru visa fees.

Step 7: Receive the Peru visa stamp – You will receive the Peru visa sticker in your passport from the embassy once you pay the visa fees and it’s approved.

Our Services

Privacy World offers its services to anyone, not only looking to obtain residency and/or citizenship processes but our experts figure out legal ways to:

• Find the best solution for your needs.
• Identify and deploy a strategy to help you accomplish your goals.
• Activate our network of people in the country where you need help without having you search for the best solution or lawyer. We only work with licensed people in every country whom we carefully vet and pass the guidelines and principles of privacy we stand for.
• Focus on cutting through the red tape and expedite your process.
• Provide proper communication with you about your case.
  …. and above all: Offer you legal strategies to provide additional layers of privacy for your identity, while obtaining your residency or citizenship!

Privacy World can also help you with incorporating your company in Peru, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.

Want Privacy World to handle your case? Have any questions? Contact us!

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