Golden Visa in Italy
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28 Mar 2024
Service Details
Golden Visa
This service is available across Italy
Who Can Benefit from this Service?
The Golden Visa programme in Italy is unlike that in other countries since it does not offer the opportunity to become legally resident in Italy by virtue of investing in property.
Instead, investors are offered the option of making approved capital investments, for which a residency visa may be issued. Investors are entitled to a 2 year visa, renewable for 3 years, whereupon the investor may apply for permanent residency. After 10 years of residence, you may apply for Italian citizenship.
Requirements
- Main applicant must be over 18 years of age
- Valid passport
- Valid Birth Certificate
- Suitable private health insurance
- No criminal record in Spain or in country of Origin
- Evidence of having made one of the approved investments as well as the source of the funds
Approved Investments
- Minimum investment of €250,000 in innovative startups or other specified investment options like government bonds, corporate bonds, or philanthropic donations.
- Application for a Nulla Osta (certificate of no impediment) via designated Italian portals depending on the investment choice.
- Submission of documents including passport copy, CV, proof of funds, and a clean criminal record from the past 10 years across all countries of residence.
Process: Our Approach
- Obtain Nulla Osta through the Italian Start-Up Committee portal for innovative startups or the Investor Visa for Italy Committee portal for other investments.
- Apply for the Investor Visa at the Italian embassy in your home country with the required documents.
- Upon arrival in Italy, apply for an Investor Residence Permit within eight days.
- Complete your investment or donation within three months to maintain your residence permit.
Benefits
- Access to Italy's public healthcare system and the ability to travel freely within the Schengen Zone.
- Inclusion of family members in the application without additional investment required.
- Potential for Italian citizenship after 10 years of residency, subject to fulfilling all program requirements.
- A special tax regime for new residents, offering a substitute tax of €100,000 annually on foreign income.
Potential Issues
Unfortunately, due to its complexity, it is common to see applications fail because the applicant failed to provide the appropriate information that the Italian authorities demand to receive before granting approval.
This can of course be avoided by contracting an experienced immigration lawyer to manage the process on your behalf.
Key Elements of this Service
- A range of investment options starting from €250,000, catering to different types of investors.
- A two-year residence permit, renewable for another three years, with the possibility of permanent residency and citizenship.
- Support through the entire application process, from obtaining Nulla Osta to applying for an Investor Visa and residence permit.
Free Support Services Included
When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include:
- Verification of the regulatory status of your professional.
- Fees as recommended by the Local Professional Body
- Fees specified in advance and legally guaranteed.
- Service levels agreed in advance and guaranteed.
- All professionals must hold professional indemnity insurance.
- Professionals' proficiency in English monitored.
- Continuous quality controls and reviews.
Why choose Advocate Abroad?
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