Italy
Residency by Investment
Italy Residency by Investment, known worldwide for its iconic cities such as Milan, Rome, and Venice, provides investors access to a strong and well-connected EU market. Designed for foreign investors committed to enhancing Italy’s economy, Italy Residency by Investment grants Italian residency and visa-free access to Europe’s Schengen Area.
Population
Approximately 59 million inhabitants
Languages
Italian
Economy
Strong in manufacturing, tourism, and agriculture
Currency
Euro (EUR)
Visa-Free Travel
190 countries.
Advantage
- Residency Rights: Right to live, work, and study in Italy (PR holders may only work as self-employed in the country).
- Visa-Free Travel: Visa-free travel throughout Europe’s Schengen Area.
- Dependents Included: Spouse, children under 18 years old, parents aged 65 years or older.
- No Physical Presence Requirement: No need to physically reside in Italy.
- No Language Requirement: No language proficiency requirement.
- Attractive Tax Regimes: Favorable tax regimes for foreigners.
- Public Services: Free public education and healthcare for residents.
- Fast Processing: Quick physical processing times
Requirements
- Age: Must be over 18 years old.
- Criminal Record: Must have no criminal record.
- Documentation: Provide all required documents in Italian.
- Investment or Income Proof: Make a qualifying investment or show
proof of minimum income requirements. - Additional Costs: Payment of all additional costs.
- Submission: Application must be submitted through a governmentauthorized agent.
Investment Option
Investor Visa Program:
- EUR 1 Million Donation: Non-refundable donation in projects of public interest in Italy (culture, education, ecology, immigration management, research and development, arts and heritage).
- EUR 2 Million Investment: Minimum investment in Italian government bonds.
- EUR 500,000 Investment: Minimum investment in Italian shares or listed/publicly traded shares or funds (reduced to EUR 250,000 if investing in innovative start-ups).
Elective Residence Program:
- Stable Income: Suitable for individuals who can prove a stable annual income from abroad.
- Minimum Income: Proof of minimum passive annual income of EUR 31,000.
- Accommodation: Proof of accommodation in Italy.
- Additional Fees: Application and due diligence fees apply.
Process (3-4 months)
- Timeline: Application process takes an average of 3-4 months.
- Preparation and Payment: Prepare the application and pay all associated fees and costs.
- Submission: Submit the application.
- Residence Permit: A residence permit is granted for 2 years (permanent residency possible after 5 years if the applicant has relocated to Italy).
- Interview and Approval: Upon interview and approval, pay the balance of investment, government fees, stamp duty, and other fees.
- Final Residence Permit: The residence permit is granted.
