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Home to many great works of art and architecture, Italy’s strategic location in the heart of the Mediterranean Sea makes it an ideal place to live. Italy is a founding member of the EU and the third-largest economy in the eurozone. Italian residents enjoy high standards of living, education, and healthcare, and a unique quality of life.
The Italy Residence by Investment Program (also known as the Italy golden visa) is designed for foreign investors who are committed to making a significant contribution to the country’s economy, granting them Italian residence and visa-free access to Europe’s Schengen Area.
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Factsheet
Minimum investment from EUR 250,000 to EUR 2 million
Three–four months
The right to live, work, and study in Italy
As a globally recognized tourist destination with major cities including Milan, Rome, and Venice, Italy offers investors access to a strong, well-connected EU market and the many opportunities available in the region. The program has a range of investment options available with varying investment amounts for individuals to choose from, and successful applicants gain residence rights within three to four months.
To qualify for residence status in Italy, applicants can choose to invest in either of the following two program options:
1. |
Investor Visa Program |
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Satisfy one of the following three requirements:
The investment needs to be maintained during the validity of the visa. A spouse, children, and dependent parents of the main applicant may also request a visa without additional investment. |
2. |
Elective Residence Program |
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A further qualifying option, the Elective Residence Program is suitable for individuals who can prove their stable annual income at a certain quantity from abroad. |
The visa is granted for two years and is renewable for a further three-year period, provided that the investment is maintained. It is expected that the process of obtaining the visa will take 90–120 days from the date of application. The investment must be made within three months of entry into the country. To obtain the visa under the Investor Visa Program, investors must purchase or rent residential real estate in Italy following approval. Under the Elective Residence Program, applicants must demonstrate a stable income and have residential real estate following approval. Permanent residence is possible after five years, provided the investor has relocated to Italy.
There is no minimum number of days of physical presence in Italy required.
Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.
