Investor Visa for Italy: opportunity and procedure

The Investor Visa for Italy offers non-EU citizens the chance to reside legally in the country through a significant investment in its economy. This visa, regulated by Legislative Decree 286/1998, aims to attract foreign investment and boost economic growth in key sectors such as Italian companies, scientific research, technological innovation, and cultural heritage.

Who Can Apply for the Investor Visa?

To be eligible, applicants must meet one of the following investment criteria:

1. Investment in Italian companies: Contribute at least €500,000 to an Italian company that is established and operational.
2. Investment in Italian government bonds: Invest €2,000,000 in Italian government bonds.
3. Philanthropic donation: Donate a minimum of €1,000,000 to public interest projects in areas such as culture, education, scientific research, or cultural heritage preservation.
4. Investment in innovative startups: Invest at least €250,000 in an Italian startup registered as an "innovative startup."

Benefits of the Investor Visa

• Fast-track residency: Applications are given priority processing, ensuring expedited handling.
• 2-year residence permit: Renewable for an additional 3 years if the investment is maintained.
• Family reunification: Family members of the investor can also obtain residence permits.
• Access to tax and social benefits: Investors gain access to certain tax advantages and Italy’s healthcare system.

Procedure for Obtaining the Investor Visa

1. Obtain the Nulla Osta: The first step is to request the nulla osta (authorization) from the Investor Visa Committee. Applicants must demonstrate their intent to invest and prove they have the necessary funds.
2. Submit the visa application: After receiving the nulla osta, applicants must file their visa application at the Italian consulate or embassy in their country of residence.
3. Required documentation:

• Proof of available investment funds.
• Criminal background check.
• Valid passport.
• Commitment letter outlining the investment or donation.

1. Visa issuance and residence permit: Once the visa is approved, the applicant must travel to Italy and apply for the permesso di soggiorno (residence permit) within 8 days of arrival.

Conclusion

The Investor Visa for Italy offers an excellent opportunity for those seeking to live in a European country known for its rich culture, diverse economy, and tax benefits. While the process requires a substantial financial commitment and careful preparation of documentation, it provides a swift and legal pathway to establish residency in Italy.

To ensure the success of the application, professional guidance is highly recommended at every stage of the process.

Your Way to Italy: our assistance

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The content of this article is intended to provide general guidance on the subject. It is necessary to seek specialist advice in relation to your specific situation.