Italy Investor Visa (golden visa)
Key tips when applying for the Italy Investor Visa:
- Investor visa is the only visa that allows the Investor not to spend any minimum time in Italy
- Investment must be executed only after obtaining the visa, within 3 months from the arrival in Italy
- Investor visas are processed by the Consulate with priority. Per our experience processing time is max. 1–2 weeks
- If Investor spends in Italy less than 183 days/year, it may not have any tax obligations (subject to some condtions, check with your tax counsel)
- Visa can be extended to spouse and children up to 18
- Investor will be given a 2 year permit which will allow to travel freely within the Schengen area (for no more than 90 days any 180 days period)
- After 2 years the permit can be extended for periods of 3 years, on condition that the original investment is maintained
- Should the Investor become tax resident and pay taxes in Italy (there are favorable tax schemes for HNW individuals, new residents and pensioners), can apply for permanent residency after 5 years and for citizenship after 10 years
- Investor and spouse are allowed to work. The permit can also be converted into a work permit, if Investor meets the requirements for the relevant permit applied for
- Investor permit holders are exempted from the Integration Agreement obligations (unless they apply for permanent residency) therefore they do not have any obligation to pass a language test
