The complete guide for Brazilian founders: form a US LLC, leverage the E-2 Treaty Investor visa, use the Miami banking hub, get your ITIN, comply with BACEN forex controls, and launch remotely.
Unlike Nigeria and India, Brazil IS an E-2 Treaty Investor country. This means Brazilian nationals can apply for the E-2 visa to live and work in the US managing their investment. Combined with the Miami banking hub, Florida's proximity to Brazil, and a large Brazilian entrepreneur community in the US, Brazilian founders have a strong path to US business success.
⚖️ Legal, Tax & Immigration Disclaimer: This guide is educational information only. E-2 visa requirements, BACEN forex controls, and US tax obligations are complex — consult a licensed US immigration attorney, US CPA, and Brazilian advogado before making decisions. Laws and regulations change; verify current requirements before acting.
Florida LLC vs Wyoming LLC vs Delaware C-Corp — here's the honest breakdown for Brazilian founders in 2026.
Florida is the #1 destination for Brazilian entrepreneurs in the US. The Miami banking hub, strong Brazilian community, and geographic proximity make Florida a natural choice if you plan to physically operate there.
If you're operating from Brazil remotely and just want the cheapest, most private US structure, Wyoming wins. $40 cheaper to form, $78 cheaper per year than Florida.
Choose Delaware C-Corp only if you're targeting US venture capital. Brazilian-founded startups increasingly raise US VC — Delaware is required for this path.
As a Brazilian founder, you need two IRS numbers: an EIN for your company and optionally an ITIN for personal US tax obligations.
This is Brazil's biggest advantage over Nigeria and India. The E-2 Treaty Investor visa lets Brazilian founders live and work in the US while actively managing their US investment.
Brazil has a bilateral investment treaty with the United States that qualifies Brazilian nationals for the E-2 Treaty Investor visa. This visa allows you to move to the US and actively manage your US business investment. It's renewable indefinitely as long as the business remains operational and you maintain E-2 status.
To qualify for the E-2, Brazilian founders must meet these requirements:
The E-2 application requires comprehensive documentation of your investment:
What to expect when applying for the E-2 at the US Consulate in Brazil:
Most Brazilian E-2 founders choose Florida because:
An ITIN (Individual Taxpayer Identification Number) is a personal US tax ID for non-SSN holders. Many Brazilian founders need one for banking, US tax filing, or when they start receiving US-source income.
An ITIN is issued by the IRS for individuals who need to comply with US tax laws but aren't eligible for a Social Security Number:
Two methods for Brazilian founders to get an ITIN:
Miami-based banks that are experienced with Brazilian founders often accept Brazilian documents:
Brazil's Central Bank (BACEN) regulates cross-border capital flows. Understand this before sending money to your US LLC:
Brazilian founders benefit from Miami's strong LatAm banking ecosystem. Here's the full landscape for 2026.
| Bank | Requires SSN? | Brazil OK? | 2026 Rating | Notes |
|---|---|---|---|---|
| Mercury | No — EIN only | ✅ Yes | Best Digital Option | Top digital bank for Brazilian founders. EIN-only, no SSN required. High approval rates. Use for primary US banking. |
| City National Bank of FL | ITIN accepted | ✅ Excellent | Best Miami Bank | Deep experience with Brazilian founders. Accepts Brazilian documents. Miami-focused. Best for in-person relationship banking. |
| Banco do Brasil America | ITIN/CPF accepted | ✅ Excellent | Brazilian-Friendly | Brazilian bank with US operations. Accepts CPF and Brazilian references. Ideal for founders with existing BB relationship. |
| Itaú USA | ITIN/CPF accepted | ✅ Excellent | Brazilian-Friendly | Itaú's US operations in Miami/New York. Strong for Brazilian founders with existing Itaú Brazil accounts. |
| Wise Business | No | ✅ Yes | Best for BRL-USD | Best for USD-to-BRL conversions and BACEN-compliant transfers. Low FX fees. Use alongside Mercury for international transfers. |
| Chase Business | Yes or ITIN | ✅ Possible | In-Person Miami | Possible with in-person visit at Miami branch, ITIN, and CPF. Longer process but gives access to Chase's full US banking network. |
The optimal strategy for Brazilian founders: (1) Open Mercury online immediately after getting your EIN — for digital banking, Stripe, and US operations. (2) Visit Miami for a week and open a City National Bank of Florida or Banco do Brasil America account in person — brings full traditional banking capabilities. (3) Add Wise Business for BRL-USD conversions that comply with BACEN requirements. This combination gives you both digital convenience and traditional banking credibility.
Brazilian founders have more visa options than most nationalities, including the highly-valued E-2 Treaty Investor visa that India and Nigeria don't have access to.
Brazil is an E-2 treaty country. Live and work in the US managing your investment. Renewable indefinitely. No green card, but excellent long-term option.
Run your US LLC entirely from Brazil. No visa required to own or manage a US company remotely.
Use B-1 for business travel: meet clients, open bank accounts in Miami, attend conferences. Cannot receive US salary on B visa.
No lottery cap. For Brazilian founders with demonstrated exceptional achievement. Good alternative or complement to E-2 for founders with strong profiles.
Direct path to US permanent residency through investment. Higher bar than E-2 — $800K minimum — but results in a Green Card.
If studying in the US, OPT provides 12–36 months of work authorization to build and manage your US company.
Florida and Wyoming are the two most popular choices for Brazilian founders — for different reasons.
The top choice for Brazilian founders who want to physically operate in the US. Miami is the Brazilian entrepreneur capital of America.
Best for remote Brazilian founders not planning to relocate. Cheapest state to incorporate in with the strongest privacy protections.
Choose Delaware only if you need US VC funding. Required by institutional investors. Unnecessary complexity for most Brazilian founders.
Transparent cost breakdown for Brazilian founders forming a US entity in 2026.
Florida state filing ($125) + registered agent ($50–200/yr) + optional formation service ($100–300). ITIN application ($0 if self-filed, $100–200 via CAA).
Wyoming state filing ($102) + registered agent ($50–150/yr) + optional formation service ($50–200). Most affordable US company structure available.
Immigration attorney fees ($3,000–10,000) + visa application fee (~$315) + business plan preparation + supporting documents. Investment capital separate.
Annual report ($138) + registered agent ($50–150) + Mercury banking ($0 monthly fee) + FinCEN BOI ($0 — free) + US CPA for Form 5472 ($150–300) + Wise Business transfers ($0 monthly) = approximately $340–590/year to stay fully compliant. Plus: BACEN RDE-IED reporting compliance handled by your Brazilian advogado (costs vary).
The sequence used by Brazilian founders to launch US companies and optionally relocate on an E-2 visa. Complete in 4–8 weeks for remote operation.
If you plan to relocate to the US on an E-2 visa, choose Florida — Miami is the Brazilian entrepreneur hub and Florida-based businesses support E-2 applications well. If you're staying in Brazil and operating remotely, choose Wyoming for the lowest annual costs and best privacy. Both work for Mercury banking and Stripe.
⏱ Decision: 1 dayBefore wiring any money to your US LLC from Brazil, consult a Brazilian advogado or contador who specializes in investimentos no exterior and BACEN/FEMA regulations. You'll need to register your investment via RDE-IED (Registro Declaratório Eletrônico) with BACEN. This is a legal requirement for Brazilian residents making foreign investments.
⏱ 1–2 weeks (parallel with entity formation)For Florida LLC: file at sunbiz.org (Florida Department of State). Cost: $125 state fee + registered agent. For Wyoming: file at Wyoming Secretary of State. Cost: $102 + registered agent. Use a formation service for simplicity. You'll receive your Certificate of Organization — this is a critical document for banking and E-2 applications.
⏱ 3–5 business daysCall IRS International: +1-267-941-1099 (Mon–Fri, 6am–11pm ET). EIN issued same-day. This is required for banking, Stripe, FinCEN BOI, and any US tax obligations. Also start your ITIN application via Form W-7 if you anticipate US-source income or plan to open a Miami bank account in person — ITIN processing takes 6–11 weeks.
⏱ Same day for EIN; 6–11 weeks for ITINFile your Beneficial Ownership Information report at boiefiling.fincen.gov — free and mandatory under the Corporate Transparency Act. Submit within 90 days of formation (30 days if formed after Jan 1, 2025). You need your full name, Brazilian address, CPF or passport number, and date of birth. $500/day penalty for non-filing.
⏱ 30 minutes — file within 90 days of formationOpen Mercury online immediately (mercury.com) — EIN only required, no SSN or ITIN. This gives you immediate US banking capability. Then plan a trip to Miami to open a City National Bank of Florida or Banco do Brasil America account in person — brings broader banking relationships. Miami visit also gives you direct access to the Brazilian entrepreneur community and E-2 visa consultants.
⏱ Mercury: 1–7 days; Miami trip: plan for 3–5 daysConnect Stripe for payment processing. If you plan to relocate on an E-2 visa, engage a US immigration attorney now — ideally one based in Miami who specializes in E-2 applications for Brazilian founders. Build your investment documentation, business plan, and financial projections. Start building US operations and revenue history, which strengthens your E-2 petition.
⏱ Stripe: 1–2 days; E-2: 3–6 months total processUSLaunchStack's AI tools help Brazilian founders navigate US entity formation, E-2 visa strategy, and Miami banking.
Get personalized recommendation: Florida vs Wyoming vs Delaware based on your E-2 plans and business model.
See which US banks accept Brazilian founders and what documents to prepare for Mercury, City National Bank of Florida, and others.
Match your profile to the best US visa: E-2 Treaty Investor, O-1A, B-1/B-2, or remote operations strategy.
Track FinCEN BOI deadline, Florida/Wyoming annual report, Form 5472, and BACEN RDE-IED reporting in one dashboard.
Model the tax impact of your Brazilian-owned US LLC including Form 5472, 30% withholding (no US-Brazil tax treaty), and BACEN implications.
Step-by-step Florida or Wyoming LLC formation guide with document checklists tailored for Brazilian founders.
AI-powered entity selection, banking guidance, E-2 visa alignment, and a step-by-step launch plan — built for Brazilian founders.