Residency | Italy
Overview
Home to many great works of art and architecture, Italy’s strategic location in the heart of the Mediterranean Sea makes it an ideal place to live. Italy is a founding member of the EU and the third-largest economy in the eurozone. Italian residents enjoy high standards of living, education, and healthcare, and a unique quality of life.
Investment: Minimum investment from EUR 250,000 to EUR 2 million
Processing time: Three–four months
Key benefit: The right to live, work, and study in Italy
Benefits of Italy Residency by Investment:
—–Visa-free travel to Europe’s Schengen Area
—–Residence in a country with a rich culture, attractive industries, and major global cities
—–No permanent stay in Italy required
—–Access to excellent medical care and education facilities
Procedures and time frame of the Italy golden visa
The visa is granted for two years and is renewable for a further three-year period, provided that the investment is maintained. It is expected that the process of obtaining the visa will take 90–120 days from the date of application. The investment must be made within three months of entry into the country. To obtain the visa under the Investor Visa Program, investors must purchase or rent residential real estate in Italy following approval. Under the Elective Residence Program, applicants must demonstrate a stable income and have residential real estate following approval. Permanent residence is possible after five years, provided the investor has relocated to Italy.
There is no minimum number of days of physical presence in Italy required.
Italy visa requirements
Satisfy one of the following three requirements:
- A minimum of EUR 2 million in Italian government bonds
- A minimum of EUR 500,000 in Italian shares (reduced to EUR 250,000 if investing in innovative start-ups)
- A minimum of EUR 1 million in projects of public interest in Italy, such as culture, education, ecology, immigration management, research and development, arts, and heritage. This is a non-refundable donation.
The investment needs to be maintained during the validity of the visa. A spouse, children, and dependent parents of the main applicant may also request a visa without additional investment.