Deco, a father of four, wants to move closer to his children and admits a return to his first club Corinthians would be the best option.
The Sao Paulo-based club have already recruited Brazil legends Ronaldo and Roberto Carlos as they prepare to celebrate their centenary in September and coach Mano Menezes has urged his bosses to add Deco to the squad.
"He's a great player, with a very significant international career and I don't need to tell you about his quality.
"We have to see if it is viable. On the pitch, there is always room for a great player like him."