Considering Italy for investment and residency? The ‘Investor Visa for Italy,’ often called the Golden Visa, offers a direct route for non-EU citizens. Launched around 2017, this program is designed to channel foreign investment into the Italian economy, making it an attractive destination for global entrepreneurs and investors.
Eligibility is open to individuals over 18 who are not citizens of EU or Schengen member states. The investor visa is valid for two years, granting entry into Italy. Upon arrival, a formal application for an investor residence permit must be submitted within eight business days to secure continued residency.
One of the significant advantages of this visa is the integration into Italy’s robust social infrastructure, including access to its healthcare and education systems. Prospective applicants must prepare a passport copy, a comprehensive CV outlining their professional and academic background, and documents substantiating their investment. These documents must demonstrate ownership of the funds, their legitimate origin, and the ability to transfer them, alongside a declaration of no criminal convictions.
The application procedure is streamlined and conducted online. It begins with creating an account on the official portal, followed by inputting personal details, uploading required documents like the passport and CV, and selecting the investment category. There is no fee associated with submitting the investor visa application. Applicants can expect to receive the outcome of their evaluation through the visa platform within 30 days of submitting their application.