Italy is a country associated with art, culture, and food, but it is also a country of interest to foreign investors in the search to access Europe. Powered by the Italian investor visa or Italian gold visa. The immigrants include foreign entrepreneurs and high-net-worth clients, who can receive Italian residency and contribute to the economy of the country.
When you plan to take this direction, it is important to be familiar with the process, which means a successful application without problems. The following is a comprehensive step-by-step process for getting your Italian golden visa:
1.Italian investment visa: What is it?
The investor visa in Italy was initiated to acquire foreign funds and human resources. It enables non-EU prospective to reside in Italy through the qualifying investment in any of the following categories, including government bonds, Companies, and start-ups in Italy.
Interested applicants will be provided two years of residence visa, a renewable three-year visa, and thereafter, permanent residency and citizenship.
2.Take a look at the Investment Options
You have to select one of the official investment categories:
- Government Bonds -Minimum of Euro 2 million investment in Italian government bonds.
- Italian Companies – Slash to spend at least Euro 500,000 in an existing Italian company.
- Innovative Start-Ups – Minimum investment in a known Italian start-up is at least 250,000 euros (one of the most preferred investment categories by investors interested in growth).
- Philanthropic Projects– Minimum amount of Euro 1,000,000 contribution towards projects in culture, education, immigration management, or scientific research.
The new start-up option is the most attractive, whereby it gives you the chance to contribute to the Italian successful entrepreneurial environment and obtain residency rights at the same time.
3.Get the Nulla Osta ( Certificate of No Impediment)
An Online application for a Nulla Osta is the first step using the official Italian Investor Visa platform. This certificate will certify that your intended investment is eligible as per Italian law.
The following will be required:
- Identification (passport).
- Evidence of having financial resources.
- A written investment roadmap on where and how you will invest.
- Police clearance certificates to certify a negative criminal history.
It takes 30 days to be approved, then you will be mailed the Nulla Osta in electronic form.
4.Submit the Visa Application at the Consulate
After acquiring the Nulla Osta, you will go to the Italian consulate in your home country, where you will make an application for the Italian investor visa.
The documents are normally required:
- Your approval by Nulla Osta.
- The formula completed the visa application form.
- Recent photos and an acceptable passport.
- In Italy, accommodation is documented.
- Coverage under the insurance health scheme.
This step leads to the issuance of the Italian investor visa that enables you to travel legally to Italy and complete the process.
5.Visa to Italy and Complete Your Residence Permit
When you have received your visa, you have six months in order to travel to Italy. After you have arrived:
- Within eight days apply to your local immigration office, residence permit (permesso di soggiorno per investitori).
- Submit a passport, visa, Nulla Osta, and evidence of the planned investment.
The first residence permit is for two years only.
6.Implement Your Investment within 3 Months
You are required to actual transfer funds to and complete your investment within 3 months of receiving the residence permit.
In case you decided to invest in the shares of a start-up, then you should present evidence of the transfer of funds and shareholding in this period.
7.Renewal of Residence Permit
Your stay permit is renewable within the next three years on the condition that:
- Its investment is sustainably held.
- You continue to have health cover and lodging demands.
- You have applied to Italian laws.
This provides you with a five-year residency period, but at the end of the period, you can access permanent residency.
8.Polls on Citizenship
You will be eligible to become an Italian citizen after legally residing in Italy with the investor visa program 10 years. Not just this makes you have a full right in Italy, but also the freedom to reside, work, and travel in the rest of the EU countries.
9.The benefits of the Italian Investor Visa
Through the program, many benefits other than residency can be obtained, such as:
- Quick Process: 30 days to get the Nulla Osta approved.
- Family Inclusion: Your spouse and dependent children can be added to the visa.
- Flexibility: There is no extreme need to live permanently in Italy; it is only occasionally okay, provided the investment is sustained.
- European Access: Being an Italian resident, you are now free to travel all around the EU Zone.
10.Why We Need to Consult Professionals
Despite the simplicity that it might appear, a lot of paperwork and legal needs are involved. The deference of working with an experienced immigration team guarantees:
- Ready preparation of your Nulla Osta application.
- Support with investment due diligence.
- The adherence to Italian financial and legal regulations.
- Advice on how to make the most appropriate investment pathway to fit your objectives.
With the help of the professionals on the Italian golden visa program, you will be able to prevent making the expensive mistakes and get your residency without difficulties.
Final Thoughts
The Italian investor visa is one of the most attractive residency-by-investment schemes in the European region. It is flexible and has key benefits in the long run. With a strategic investment in the Italian economy through government bonds or companies, or start-ups. It is possible to get residency secured not only for yourself but to your family and to gain permanent residence as well as to attain citizenship.
