Investor Visa Italy Investor Visa Italy / 1 | Seite 10

INVESTOR VISA ITALY INVEST IN ITALY A new entry visa for Investors and Donors 8 This is the right time for investing in Italy! Visa advantages • Government bonds. The 2017 Budget Law introduces in the Immigra- tion Law a new “entry visa for investors” which will entitle foreign investors an advantageous treatment, only provided that they will carry out a durable investment in Italy or a large donation in- volving benefits for Italian culture and research. The new entry visa (Article 26-bis Consolidated Law on Immigration) offers many advantages: • The holder shall receive an entry visa and a resi- dence permit valid for two years. Once expired, the permit is renewable for the next three years. After five years the foreigner resident can apply for a long-term residence permit. • The possibility to stay in Italy or run your business from your country without waiting for further permits or visas. Is it also possible to enter other EU countries (Schengen Area) and stay up to 90 days every six months. • The family members of investors visa/permit holders can also apply for a residence permit for family reasons. • If interested in moving the fiscal residence to Italy, the investor could get a forfeit tax on the income earned abroad. The law envisages three investment opportu- nities: • An investment of at least one million euros in the capital of an Italian company, at least five hun- dred thousand euros in an innovative start up, • A donation of at least one million euros in projects and initiatives in the fields of culture, education, immigration management, research, restoration of cultural heritage and landscape. Projects and initiatives must have a public interest, • An investment of at least two million euros in Ita- lian Government bonds. Golden donors and entrepreneurs seeking to conduct their business activity in Italy will be allo- wed to enter and stay in Italy, initially for two years with the possibility of a three more years extension. The visa is also extendable to family members. Moreover, if you move your fiscal residence to Italy you’ll also have a very favorable tax break applied only on the income earned abroad. This treatment is valid for a fifteen years long period. Getting your visa is easy and quick InvestorVisa.it is the service created by Jusweb to help you in selecting the best investment or dona- tion opportunity and managing all the bureaucratic procedures for both visa and residence permit. The investment shall involve: • Companies, • Projects and initiatives in the fields of culture, education, immigration management, research, restoration of cultural heritage and landscape, The investment must be kept for at least two years A total amount of one million euros as provided by law is the minimum amount and is intended to be the net amount after expenses for the notary act stipulation, registration fees to the program and all traveling and accommodation expenses which are totally charge on the donor, or the donee if so agreed. It can include, instead, professional fees related to the project development of the opera- tions financed.income earned abroad. Requisites The investor/donor: • Must demonstrate that he/she has the amount for investment and that this amount has a lawful origin, and it is available and transferable to Italy, • Must declare of having used the amount for an investment or a donation within three months from the date of entry in Italy, • Must demonstrate to have the economic resources for financial self-supporting during his/her stay in Italy.