Investor Visa Italy Investor Visa Italy / 1 | Page 9

INVEST IN ITALY
General conditions
governing the entrance and sojourn
of foreign national investors to Italy
A DMISSION ONTO I TALIAN SOIL through an external
Schengen Area border is only permitted to aliens
who:
1. are in possession of a valid passport or equiva-
lent recognized travel document permitting them
to cross the border;
2. are in possession of documents substantiating
the purpose and the conditions of the planned visit
and have sufficient means of support;
3. are in possession of a valid entry visa. The entry
visa consists of a sticker placed on a passport or
other valid travel document authorizing its foreign
bearer to set foot on the soil of the Italian Republic
or that of another contracting country for transit or
stay, to be evaluated on the basis of the needs as-
sociated with the status of international relations
and with the defence of national security and the
public order. The entry visa for stays of longer than
90 days is called a “National Visa” (NV) and allows
long-term residence on the soil of the State that is-
sued it and, as long as it is valid, free circulation
for a period of no more than 90 days per half-year
on the soil of another Member State;
4. have not been identified as inadmissible by the
Schengen Information System (SIS);
5. are not considered to be a threat to public order,
national security or the international relations of
any of the Contracting Parties, under Italian law or
the law of another Schengen State.
The sojourn in Italy
Non-EU citizens in possession of a National Visa
(NV) for sojourns longer than 90 days are required,
within eight (8) days from entry into Italy to request
a residence permit (permesso di soggiorno) from
the Italian authorities, and will be subject to
photo/fingerprint registration. Only this residence
permit, which is issued for the reason and for the
period indicated on the visa, authorizes an alien to
sojourn in Italy. Under Schengen rules, the residence
permit issued by the Police (Questura) allows
aliens, unless express limitations are imposed,
entry to and exit from the Schengen area and to
travel without restraint for a period not to exceed
90 days in any 6-month period within territories of
the other Contracting States, provided that they
hold a valid national passport or equivalent travel
document. Nevertheless, all aliens are required to
report their presence to the police on the soil of
any other Schengen State within 3 working days
of entry.
Aliens already resident in another Schengen
State, and in possession of a sojourn permit, are
exempt from the obligation to obtain a visa for pe-
riods of up to 3 months, on the condition that
entry into Italy is not for the purpose of subordi-
nate work, autonomous work or study/internship
or study/ training;
If any one of the aforementioned conditions
are not met, the alien may be denied entry by the
border authorities even if in possession of a valid
entry visa. The foreign citizens interested in coming
to Italy and making an investment (see next page)
are granted direct and facilitated access to offices
of the Diplomatic Consular Representation re-
sponsible for submitting the visa application, wi-
thout prior appointment.
2017. Italy, first in Best Countries and in the
Bloomberg Global Health Index
1st place in the Cultural influence sub ranking,
surpassing France, U.S.A., Spain, and the UK.
Italy, therefore, confirmed its leading role as a
cultural guide both in Europe and the world.
1st place in Heritage. Italy has 51 World Heri-
tage Sites, according to UNESCO’s World Heri-
tage Convention. 1st place in the Bloomberg
Global Health Index. Italy has World’s healthiest
people. When it comes to living a long life, Italy
is the place to be. The high-heeled boot sur-
rounded by five seas is ranked the healthiest
country on Earth in the Bloomberg Global Health
Index of 163 countries. A baby born in Italy can
expect to live to be an octogenarian. While Italy
is among the most developed countries, growth
has stagnated for decades. Yet Italians are in
way better shape than Americans, Canadians
and Brits, who all suffer from higher blood pres-
sure and cholesterol and poorer mental health.
Italy also has “an excess of doctors,” said Tom
Kenyon, a physician and CEO of the global relief
organization Project Hope. Then there is the diet,
rich in vegetables and drizzled with extra virgin
olive oil. Adam Drewnowski, director of the Cen-
ter for Public Health Nutrition at the University
of Washington, has written about the importance
of consumers having access to fresh produce,
fruit, lean meats and fish.
Source www.bloomberg.com
7