About Italy
Italy is renowned for its exceptional art and architecture, and its central position in the Mediterranean Sea makes it an attractive place to reside. As a founding member of the European Union and the third-largest economy in the eurozone, Italy offers significant economic advantages. Residents benefit from high living standards, excellent education, and quality healthcare, all contributing to a distinctive lifestyle. Additionally, Italy’s rich cultural heritage, diverse cuisine, and mild climate further enhance its appeal as an immigration destination.
Italy Overview
Italy, recognized as the birthplace of the Renaissance, is rich in culture and history. It boasts over 50 UNESCO World Heritage Sites, the highest number of any country, showcasing some of the world’s most significant treasures. Positioned centrally in the Mediterranean Sea, Italy extends from the majestic Italian Alps in the north to stunning islands in the south, which are favoured by tourists from around the globe.
As a founding member of the EU and NATO, Italy has the fourth-largest economy in Europe. It is a prominent tourist destination, with major cities like Milan, Rome, and Venice drawing millions of visitors annually. Beyond its famous urban sites, historic landmarks, and picturesque black-pebbled beaches, Italy is renowned for its exquisite cuisine, fine wines, and vibrant arts scene, which includes opera, theater, and contemporary exhibitions.
Geographically, Italy shares borders with France, Austria, Switzerland, Slovenia, the Vatican City, and San Marino. The country is linguistically diverse, with Italian, German, French, and Ladin spoken in various regions. Approximately four-fifths of Italy is mountainous or hilly, offering breathtaking views and ample opportunities for outdoor activities. Its largest islands are Sicily, the biggest island in Europe, and Sardinia, with smaller islands such as Capri, Elba, and Ischia. The University of Bologna, established in 1088, is considered the oldest university in the world, emphasizing Italy’s longstanding commitment to education and scholarship.
Rome, often called the ‘Eternal City,’ is home to many of history’s most influential figures. Renowned thinkers and scientists like Galileo Galilei and Alessandro Volta originated here, alongside artistic legends such as Dante, Da Vinci, and Michelangelo. Notable explorers, including Amerigo Vespucci, Christopher Columbus, and Marco Polo, who were among the first Europeans to journey to the Americas and the East, also hailed from Italy.
With a population of 60 million, Italy is conveniently located just a two-and-a-half-hour flight from London and an eight-hour journey from New York. The country’s excellent healthcare system, vibrant lifestyle, and favourable climate further enhance its appeal to immigrants seeking a high quality of life. Moreover, Italy’s rich traditions in craftsmanship, fashion, and design, exemplified by cities like Florence and Milan, attract those interested in investing in these dynamic industries.
Citizenship
Those who successfully participate in Italy’s residence by investment program can apply for a permanent residence permit following five years of legal residency in Italy. After ten years from the initial visa approval, investors are eligible to seek citizenship through naturalization. Italy also permits dual citizenship.
Note: Citizens of the EU can apply after just four years of residence.
