Guidelines for New Investor’s Visa

09 Jan 18

The new “Investor visa for Italy” is now available for foreigners intending to invest in Italy.

Since January 2017, Italian immigration law makes visas available to immigrant investors seeking to enter Italy to engage in capital investments that benefit the Italian economy. Particular attention is given to funding leading to job creation and to investments connected with start-up companies, advanced training, scientific research and patronage activities. In addition, tax and financial reliefs for foreigners transferring their tax residency in Italy are provided.

The Italian government has announced the implementing decree of new Investor’s Visa. The decree provides clarification on the type of investments and donations that may ensure the eligibility conditions for the Investor’s visa. Also, it determines the authorities in charge of processing the applications and describes the procedure for filing the visa and residence permit application as well as the conditions for the permit renewal. Applications will be soon available when the online platform and relevant operations manual is ready. It’s expected to be on-line time in November 2017.

For further information Inter-ministerial decree July 21 2017

Targets and minimum investment amounts:

To qualify as an immigrant investor, a foreign national must invest the following minimum capital euro amounts:

  • At least 2 million in Italian government bonds – funds to be kept for a period of at least 2 years; or
  • At least 1 million in equity instruments of company based and operating in Italy or 500.000 in case of a start-up company; or
  • At least 1 million philanthropic funding supporting projects of public interest in the field of culture, education, immigration, scientific research, recovery of cultural assets and landscapes.
This post was written by Mazzeschi-Asia-Desk
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