It is a pleasant country with a mild climate, many tourist attractions, centuries of culture, traditions and delicious food. We are talking about sunny Italy.
It is convenient and safe not only for traveling but also for living. You can obtain a residence permit in a prosperous EU member state under the “Golden Visa” program. This period will last only a few months, and in the future he will give individuals who are not citizens of EU countries the opportunity to obtain a passport for this country. This is mainly suitable for wealthy foreigners who want to move to the sea and are ready to make large investments in the Italian economy. Provides expedited procedures for application review and approval. See below for more information.
In 2017, the local government launched the Italian Golden Visa program to actively attract foreign capital to develop the Italian economy. Citizens of non-EU countries who wish to obtain a second passport and new opportunities for business development can participate in this program. It is worth noting that residence in Italy by investment will significantly improve family life and help reach a better level.
As a benefit of a favorable decision on your application, you will be granted a residence permit for two years, with the possibility of extension for a further three years. After living in Italy for at least 10 years, you can naturalize and obtain a passport.
Investment options to obtain Italian residency (IR)
To become a participant in the program, applicants can choose from four different ways to invest in strategic areas of the economy.
- From 250,000 euros to an innovative start-up company in Italy.
- From 500,000 euros to a local limited liability company.
- From 1 million euros to charity.
- From a national bond of 2 million euros.
If applicants do not need to obtain a local passport, they do not need to take an Italian language exam or live in Italy. There are many options for legally immigrating to a rich and sunny country.
Advantages of living in Italy
Why is the Italian visa so in demand among wealthy foreigners? According to expert Zlata Erlach (Immigration Investment Company), there are minimum requirements for participation in the program, including an application form. The application will be completed online in English and does not require the applicant to be in the country. Investing has undeniable benefits, including:
- The strong economy attracts businessmen to the domestic and EU markets.
- Visa-free visits to Schengen countries for up to 90 days.
- Unrestricted employment or as an independent contractor.
- All family members (partners, children, parents) included in the application will have the same privileges.
- A fixed tax rate that does not depend on the investor’s income.
- Possibility to open an account in an EU bank.
- Free medical care.
- Access to education in Europe.
- Living in a safe and comfortable country.
There are other benefits that businessmen can enjoy after immigrating. After five years, Golden Visa holders will be able to apply for permanent residence.
Application process and requirements
Adult citizens of countries that are not members of the European Union can obtain an Italian residence permit. This requires an investment of 250,000 to 2,000,000 euros and the preparation of certain documents. Potential investors must also have no criminal record, have acquired capital legally, be able to prove it, and pledge to contribute to Italy’s welfare and show loyalty to this country.
Individuals with large amounts of capital must apply for a Nura Osta certificate along with a series of attachments (which can be done online Masu). After receiving the above documents, the applicant must apply for an investor visa at the nearest Italian embassy within 6 months. With the help of a migration expert, all steps are simple and clear.
conclusion
If you are interested in Italy as a country to develop your business, live, work and study and are ready to invest your money in the local economy, register for the “Golden Visa”. For many people, this is one of the quickest and most accessible ways to obtain the desired residence permit. More information on this issue can be found at immigrantinvest.com. If you are interested in how to obtain Italian citizenship, please contact a specialized immigration office. Their experts can provide detailed advice and offer a variety of options, as well as assist in preparing complete documentation to increase the chances of your application being approved.
Simplify your move to a more promising country by seeking professional help. Let’s consider the pros of this decision. You will find that it provides a great perspective. Don’t miss out on profitable opportunities. Book a consultation with one of our experts and find out that with our expert support, moving to sunny Italy will soon become a reality.