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Italy Residency by Investment (‘Golden Visa’) Program

Italy Residency by Investment (‘Golden Visa’) Program

Golden Opportunity: Secure Italy Residency with the Investment Visa Program

As a prominent tourist destination featuring major cities such as Milan, Rome, and Venice, Italy provides investors with access to a robust and interconnected EU market, along with a wealth of opportunities across various sectors, including fashion, technology, and tourism.

The investment program presents diverse options, including real estate, business ventures, and government bonds, each with varying financial thresholds to suit different investor profiles. This flexibility allows individuals to choose the investment avenue that aligns best with their goals. Successful applicants can typically secure residence rights within three to four months, making it a swift and attractive pathway for those looking to establish themselves in one of Europe’s most culturally rich and economically vibrant countries. Additionally, Italy’s strategic location facilitates easy travel to other EU nations, enhancing business and personal opportunities for residents.

Key Advantages of the Italian Golden Visa Program

Benefits include:

  • Visa-free access to the Schengen Area in Europe.
  • Opportunity to live in a nation known for its vibrant culture, appealing industries, and prominent global cities.
  • No requirement for a permanent stay in Italy.
  • Access to high-quality healthcare and educational institutions.
  • Eligibility for citizenship after 10 years of residence (subject to specific conditions).

Key Requirements of the Italian Golden Visa Program

To qualify for residence status in Italy, applicants can select from the following two program options:

  1. Investor Visa Program

Applicants must meet one of the following three criteria:

    • Invest at least EUR 2 million in Italian government bonds.
    • Invest a minimum of EUR 500,000 in Italian shares (this amount is reduced to EUR 250,000 for investments in innovative start-ups).
    • Contribute at least EUR 1 million in non-refundable donations for projects of public interest in Italy, covering areas such as culture, education, ecology, immigration management, research and development, arts, and heritage.

The investment must be maintained throughout the visa’s validity. Additionally, the spouse, children, and dependent parents of the main applicant can apply for a visa without the need for any further investment.

  1. Elective Residence Program

This program option is available for individuals who can demonstrate a stable annual income from abroad that meets a specific threshold.

Process for applying to the Italian Golden Visa program

The visa is issued for an initial period of two years and can be renewed for an additional three years, contingent upon the investment being maintained. The processing time for obtaining the visa is estimated to be between 90 and 120 days from the application date. Investors must make their investment within three months of entering the country.

To qualify for the Investor Visa Program, applicants are required to purchase or rent residential real estate in Italy after receiving approval. In the case of the Elective Residence Program, applicants must show evidence of a stable income and secure residential real estate following their approval. After five years of residing in Italy, investors may become eligible for permanent residence, provided they have established their residence in the country.

Italy-city
  • Investment - Minimum investment requirement of EUR 250,000
  • Key benefit - The right to live, work, and study in Italy and visa-free travel to the whole of Europe’s Schengen Area.
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.

Frequently Asked Questions (FAQ)

What is the Italy Golden Visa Program?

The Golden Visa program provides individuals and their families with the opportunity to obtain residency through substantial economic contributions to the economy.

What investment options are available to obtain the Italy Golden Visa?

Investment options include investments in government bonds, shares, or donations to public interest projects, and the Elective Residence Program, which necessitates demonstrating a stable income from abroad.

What are the advantages to obtaining the Italy Golden Visa?

The right to live, work, and study in Italy and visa-free travel to Europe’s Schengen Area.

Is there a minimum investment requirement for the Italy Golden Visa?

The minimum investment amount begins at EUR 250,000 for investments in innovative startups.

What is the timeframe for processing an application?

Application processing times for Golden Visa applicants may vary. Please contact Compass Services directly for further information.

Can I include my family members in my application?

Yes, the main applicant can include their spouse, any dependent children and dependent parents in their residency application.

Are there any residence requirements in Italy?

There are no mandatory residence requirements nor a requirement for physical presence.

What documentation will be required for the application process?

Documents required include:

  • A valid passport
  • Proof of investment

Certificate of no criminal record

Can you obtain Italian citizenship through the Golden Visa Program?

Yes, investors can become eligible for citizenship after maintaining residency for ten years.

What is the procedure for applying to the Italy Golden Visa Program?

Applicants are required to select a qualifying investment, submit their application along with the necessary documents, and complete a due diligence process.

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