Residency by Investment – Introduction
Italy - Residency by Investment
Residency is a legal status offered to someone who is not an actual citizen of the country. This visa status gives the individual multiple benefits like the right to study, work, live and access healthcare in the nation. It is also commonly considered a way to achieve citizenship by naturalization, given the person resides in the country for a given period.
Because of its flexibility, many countries offer Residency by Investment program. It is a way for someone to get residency status in exchange for an investment made towards the economy of the country. The applications of people who opt for this mode are usually quickly processed.
Being able to reside in multiple countries is a personal and professional advantage that all high-net-worth individuals wait to grab hold of.
Such options are also called Golden Visa Programs, and a lot of countries within the European Union offer this right now. If you want to reside in another country as a resident and have the capacity to invest in the economy of the nation, then Residency by Investment may be the perfect way to achieve this.
Get in touch with VLinks Group to know how best to make use of the Residency by Investment opportunity.
Italy
The Italian Republic is a European country that is extremely popular for its art and architecture, beautiful coastline, great food, and tourism prospects. Did you know that Italy is the fifth-most visited country in the world?
The advanced economy and investment opportunities attract high-net-worth investors from across the world to look for a PR status here. Italy is one of the most industrialized countries globally and ranks 8th in quality of life.
Why opt for an Italian Residency?
- Italy is considered one of the best industrialized and economically forward countries to live in.
- Italy is a country that is open and welcoming to foreign investments.
- You get the right to study, work, travel, and do business in Italy as a resident.
- You get to apply for citizenship after ten years of staying as a resident in Italy.
Investment Options
Here are different investment options to get your residency status in Italy.
1. Invest EUR 1 million in public interest projects used to develop culture, art, education, research, and development, or heritage. The project needs to be approved by the Government of Italy. This will be a non-refundable investment.
2. Invest a minimum of EUR 2 million in government bonds.
3. Invest a minimum of EUR 500,000 in Italian shares.
4. Invest a minimum of EUR 250,000 in shares of innovative startups.
Application process
1. Contact VLinks Group and express your interest in obtaining an Italian Residency by Investment. 2. Apply for a certificate of No Impediment (Nulla Osta). 3. Within six of receiving the No Impediment, get your investor visa at a local Italian embassy. 4. You have two years of time to enter Italy and apply for a Residence Permit. 5. Make the investment of choice and use your residence permit for two years. 6. Apply and request for residence renewal for three more years. 7. You can apply for Permanent Residency after five years of being a resident.
Processing time It usually takes 3-4 months to process applications.
Citizenship eligibility
Citizenship can be availed after ten years of residence in Italy. Get in touch with us