Italy's investor visa: a rapid gateway towards relocation

28 October 2019 | Applicable law: Italy

Since 2017 Italy has offered a very favourable tax regime to attract new high net worth residents, alongside the more recent introduction of a fast-paced procedure to obtain a VISA and long-term residence permit for non-EU nationals wishing to relocate in Italy.

The Investor Visa for Italy programme, as defined by art. 26-bis of the Consolidated Act on Immigration, has several advantages:

  • the Investor Visa holder will obtain a two-year residence permit, renewable for an additional period of three years;

  • the Investor Visa program has been tailor-made for individuals with active professional and social lives, therefore there is no limitation connected to the applicants' work life, willingness to invest or participation in charities, foundations, etc.;

  • a dedicated interinstitutional committee (the Investor Visa Committee), set up by the Ministry of Economic Development, is in charge of coordinating operations, giving the applicant has a single contact point;

  • the entire procedure is carried out online, through a dedicated IT platform, used for all communications between the Visa applicant and the administration. As a result, the whole procedure is monitored remotely and there is no need for the applicant to be physically present at any step of the filing procedures with the Investor Visa Committee;

  • the applicant is notified of the outcome of his Visa application within 30 days of sending the complete documentation. As a result, the time required for the entire migration process is significantly reduced;

  • the applicant can select one of the following investment types:

  1. € 2 m investment in Government Bonds
  2. € 1m investment in limited companies or €500K in innovative start-ups;
  3. € 1 m donation to i. natural or cultural heritage preservation ii. research and education iii. immigration management

How we can help

We have successfully assisted a number of applicants in relation to this procedure, and can provide assistance from general advice to the identification of the right investment target.

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.


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