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Italy Investor Visa
Residency | Access To Schengen Area
“Entry and residence for investors”, which was introduced to the Consolidated Act on Immigration
(“TUI”, leg. decree 286/1998), through Law no. 232 of 2016.
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Mobility
Access to Schengen Area
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Minimum Capital Outlay
€ 250,000
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Application Processing Time
~ 5 Months
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Physical Presence
50% or more of the time must be spent in Italy
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Qualifying Criteria
Investment required in Bonds, Business, Contribution to the State, or Government Bonds;
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Pre-requisites
Main applicant must be at least 18 years of age;
Certificate of no impediment (“Nulla Osta”) issued by the Investor Visa for Italy Committee
Italy
Italy is a southern-European country, with a population of approximately 61 million. Its capital is Rome, and the official language is Italian. English, is spoken by about a third of the population. Italy adopted the euro as its official currency in 2002.
Italy is the world’s 9th largest economy and one of the five countries in the world whose manufactured products have an export trade surplus. Located at the centre of the Mediterranean Sea and with 40 major ports and 42 airports, Italy is a strategic gateway for trade between Europe, North Africa and the Middle East.
Together with reforms Italy has introduced numerous financial incentives aimed at increasing the attractiveness of foreign direct investments, encouraging research and development and fostering the growth of new innovative enterprises.
Benefits
Holders of an Italian residence permit will be authorized to move freely within the Schengen Area, and they will also have the right to live, work and study in all 28 member states of the European Union. The process of obtaining the certificate of impediment, the Investor Visa and eventually permanent residence is a smooth one, and a decision for the visa application is usually made within 30 days.
The Investor Visa for Italy offers, access to a special tax regime for new residents. This allows investor visa holders to transfer their tax residence to Italy and pay an annual substitute tax of EUR 100,000 on income generated abroad. This condition applies only if the investor visa holder has not been taxed in Italy for at least nine taxation periods out of ten. This option may also be extended to family members for an additional EUR 25,000. The maximum duration of this preferential tax scheme is of 15 years.
COMMITTMENT
To apply for residency through the Investor Visa for Italy, one of the following commitments is required:
A minimum investment of EUR 2 million in Government bonds, including Treasury certificates, zero-coupon treasury bonds, long-term treasury bonds, long-term treasury bonds index-linked with Eurozone inflation, and BTP ITALIA. This investment must be held for a minimum of 2 years; or
A minimum investment of EUR 500,000 in stakes or shares of an active limited company registered and based in Italy, which has already filed at least one balance sheet at the date of the visa application; or
A minimum investment of EUR 250,000 in stakes or shares in a start-up which has been listed in the official list of start-ups, by the Italian Chamber of Commerce; or
Make a contribution of a minimum of EUR 1 million in support of a project of public interest in the fields of culture, education, immigration management, scientific research or preservation of cultural and natural heritage;
The amount of government-related administrative fees is minimal and amounts to approximately EUR 96.46 covering postal bulletins for the printing of an electronic document and issuance of the residence permit, together with a revenue stamp.
This means that the minimum total capital outlay for a single applicant would amount to circa EUR 250,097 excluding service providers’ professional fees and any other fees not mentioned herein.
Our Process
1. Qualify
The CIVIQUO™ process starts by filling in our qualification questionnaire. The questionnaire is a simple online form which helps us to gather all your requirements, whilst ensuring that the essential criteria are met.
2. Receive Quotes
Our team will use the information you provide to find the best quotes in the market for you. Our growing international network of immigration professionals, means that we can provide the best quotes in the market, for any residency or citizenship programme, anywhere in the world.
3. Confirm
We will send you the quotes and once you have identified a quote which best suits your needs, our team will reconfirm expectations on both sides, a client agreement is signed, and a deposit payment is made.
4. Application Process
Your chosen service provider, will work with you to start compiling the application. Our concierge-style support will ensure that the process of compiling the application is as smooth as possible.
5. Outcome
Once an application has been submitted, the government authorities review the application and communicate the outcome. This period of time varies depending upon the programme, but it may be used to further explore what opportunities will become available once residency or citizenship are attained.
6. Renewal & Support
Some residency and citizenship programmes require compliance monitoring, and/or renewals, and together with our service providers, we will make sure that any renewals, or other interventions are done on time, and accurately. Even after this, the CIVIQUO™ team remains at your service.
