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EDITION Nº 002 · BRAZILTHURSDAY, OCTOBER 29, 2026 · 12:44
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GOVERNMENT & PUBLIC FINANCES29 OCT 2026 · 11:13

Flávio Bolsonaro arrives in Miami with his family amid legal questions and allies come to his defense

Eduardo Bolsonaro and Alexandre Ramagem post photos with Flávio, who, according to Money Times, failed to comply with a court order by leaving the country.

BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 3 MIN

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Flávio Bolsonaro arrived in Miami with his family on the morning of October 28, three days after being defeated by Lula in the second round. On Wednesday night, Eduardo Bolsonaro and Alexandre Ramagem, both former PL federal deputies, published photos alongside him on social media, according to Money Times.

According to the same publication, the trip takes place amidst a court order that required the surrender of passports and stay in the country, a determination that, according to Money Times, was not complied with. Flávio also responds to two inquiries at the Federal Supreme Court. One investigates money laundering, with an alleged connection to lawyer Willer Tomaz. The other deals with a request for money made to Daniel Vorcaro, owner of Banco Master, for the film 'Dark Horse', a biopic of Jair Bolsonaro.

InfoMoney reports that entry into the United States was registered for humanitarian reasons, in the 'DT' admission class, without a prior visa. The information is based on data from the registry consulted by GLOBO. The document was issued on October 28, 2026 and authorizes a stay of one year, until October 27, 2027.

There is disagreement over the visa situation. The American State Department had stated that it would issue visas to Flávio and his family, but the entry data, according to InfoMoney, indicates that this has not yet happened. Exame, on the other hand, reports that visas have already been granted to him, his wife and daughters by the Trump administration.

In Congress, PL leaders, Sóstenes Cavalcante and Carlos Portinho, signed a note of support for Flávio and his family. The text states that the House and Senate benches 'remain united', according to InfoMoney.

The case also reaches the commercial negotiation table. According to Exame, the MDIC team negotiating with the USTR assesses that Flávio's departure from the country and the visas granted to him should not necessarily disrupt the trade agreement.

What changes for the investor

For those who operate the stock market, Nasdaq, interest rates and the dollar, the episode appears, for now, as political noise with an indirect economic effect. The assessment that the trade agreement should not be affected is the point that interests the market most at this moment. The risk lies in the perception of institutional instability, as proceedings in the STF and possible non-compliance with court orders tend to weigh on the mood of those who assess the Brazilian political environment. It is worth monitoring the official confirmation of visas, the progress of the two inquiries and the reaction of Congress, which will indicate whether the issue remains restricted to politics or begins to influence the economic agenda.

Automatically translated from Portuguese.

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