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UGLOBAL IMMIGRATION MAGAZINE
Do I need to purchase a property? Accommodation
can be rented, no need to purchase a property but if the
property is of value, it will surely help the application.
However, the consulate will focus its review on the
applicant’s income that must be steady and proven with
trustable documents.
Can I bring my family? The spouse and children up to 18
years are entitled to a family visa, but applicants will need
to prove a higher income, which is more than 20% for the
spouse and more than 5% for each child.
Can I work remotely? No, applicants cannot work and are
not permitted to work from home, blog for payment, or
otherwise dodge this restriction.
Is this visa subject to quota limitations? No
THE INVESTORS VISA
In 2017, Italy introduced a specific visa for investors
seeking to enter Italy to engage in capital investments
that benefit the Italian economy. The Investors’ visa
can be obtained by: purchasing 2 million euros in Italian
government bonds (to be kept for a period of at least
two years); or investing 1 million euros in a company or
500,000 euros in a “innovative start-up”; or donating 1
million euros in philanthropic projects of public interest.
When do I need to make the investment? Within three
months from the date of entr y, the applicant must
provide documented evidence of having carried out the
investment proposed in the application.
How long is the visa for? The investors’ visa holder shall
receive a two years valid investors’ residence permit
(permesso di soggiorno “per investitori”) renewable
for an additional three years further to proving that the
investment is still in place.
Is there an official list of philanthropic projects? No,
the applicant must conduct his own search and contact
philanthropic institutions or local authorities.
Can I change my investment? Changes will be deemed
admissible only in exceptional circumstances, assessed
by the committee on a case by case basis. The foreign
citizen will be asked to provide adequate justification for
the changed circumstances and appropriate supporting
documents. These evidences will then be analyzed by the
committee, which will decide on their admissibility.
Is this visa subject to quota limitations? No
CREATE YOUR OWN “START-UP” COMPANY
An interesting option for those who want to relocate to
Italy and start a business, is the “start-up visa,” which
is aimed to non-EU nationals intending to set up an