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UGLOBAL IMMIGRATION MAGAZINE
opportunities described therein and, in this context, is
empowered to carry out controls over the correct execution
of the investment.
CONDITIONS & FEATURES FOR
THE RETENTION OF THE INVESTOR VISA
& RESIDENCE PERMIT
Within the three months following entry into Italian territory,
holders of an investor visa shall execute the investment,
send appropriate documentation to the Investor Visa for
Italy Committee and maintain the investment for the entire
duration of the residence permit.
Withdrawing the investment will cause the revocation of
the investor visa and residence permit and, consequently,
holders will be obliged to leave the Italian territory. Holders
must therefore maintain their original investment. Even
if already holding a residence permit, they may not alter
the destination of their original investment under any
circumstances. Doing so will result into the permit being
revoked, making its renewal impossible.
The investor visa’s residence permit has an initial duration
of two years and can be renewed for further periods
of three years, on the condition that the investment
has been fully carried out within the timeframe. The
renewal application should be submitted, along with a
certificate of approval issued by the Investor Visa for Italy