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There are provided a rare-earth permanent magnet and a manufacturing method thereof capable of simplifying manufacturing process and improving productivity through advanced ability to produce net shapes. In the method, magnet material is milled into magnet powder, and the magnet powder and a binder are mixed to prepare a mixture. Next, the prepared mixture is formed into a green sheet. Thereafter, the green sheet is held for predetermined time at binder decomposition temperature in non-oxidizing atmosphere, whereby depolymerization reaction or the like changes the binder into monomer and thus removes the binder. The green sheet with the binder removed therefrom undergoes pressure sintering such as SPS method so as to obtain a rare-earth permanent magnet 1.