Updates:Second Citizenship & Residency by Investment | Global Citizen Investment Partners
Italy’s Investor Visa offers a clear, law-based residence route for non‑EU/EEA/Swiss nationals and their families. It is not real‑estate based; investments must be productive or philanthropic. The initial residence permit is issued for 2 years and is renewable for 3 years, provided the investment is maintained.
Qualifying investments (verify current thresholds):
- €2,000,000 in Italian government bonds.
- €500,000 in equity of an Italian company (reduced to €250,000 for an “innovative startup”).
- €1,000,000 philanthropic donation supporting projects of public interest (e.g., culture, education, scientific research, immigration management, cultural heritage).
Key eligibility and documents:
- Clean criminal record, valid passport, private health insurance, proof of lawful/traceable funds, and suitable accommodation in Italy.
- Family inclusion: spouse/partner and dependent children (including adult students) via family reunification/cohesion after the main permit is issued.
Process and timeline:
1) Pre‑application: submit online to the Investor Visa for Italy Committee for a Nulla Osta (aimed within ~30 days). 2) Visa issuance: obtain the 2‑year investor visa from the Italian consulate. 3) Arrival: enter Italy, apply for the “permesso di soggiorno per investitori” within 8 days. 4) Finalize investment within 3 months of entry and present proof; maintain for the entire permit period. 5) Renewal: typically for 3 years if all conditions remain satisfied.Benefits:
- Live in Italy; short‑stay Schengen travel (90/180).
- Work and do business (investor permit supports entrepreneurial activity); family members generally gain open work rights.
- Pathways to long‑term EU residence after 5 years of continuous residence (A2 Italian) and citizenship after 10 years (B1 Italian), subject to integration and income requirements.
Tax note:
- Residence permits do not automatically trigger tax residence (183‑day and center‑of‑interests tests apply). New residents may opt for Italy’s €100,000 flat tax on foreign income (up to 15 years), subject to conditions. Rules evolve—confirm current thresholds and procedures before committing.
- 2-year investor residence (renewable for 3 years) with Schengen mobility; permission to live and do business in Italy.
- Family inclusion via reunification/cohesion (spouse/partner, dependent children); family members generally gain work rights.
- Pathway to long‑term EU residence after 5 years (A2 Italian) and citizenship after 10 years (B1 Italian), subject to residence/integration.
- Nulla Osta from the Investor Visa Committee; clean criminal record; valid passport; private health insurance; lawful, traceable funds; proof of accommodation; apostilled/translated civil and police documents.
- Obtain investor visa at the consulate; enter Italy; apply for the permesso di soggiorno per investitori within 8 days; finalize the qualifying investment within 3 months and maintain it.
- Ongoing compliance (address registration, renewals, taxes/insurance as applicable); residence and language requirements apply for long‑term EU status/citizenship.
- €2,000,000 in Italian government bonds, held for the permit duration.
- €500,000 in equity of an Italian company, or €250,000 in an “innovative startup,” maintained throughout.
- €1,000,000 philanthropic donation to approved public‑interest projects (e.g., culture, education, research).
GCIP manages Italy’s Investor Visa end-to-end: eligibility screening, route selection (€2m bonds, €500k company/€250k startup, €1m donation), Nulla Osta, consulate visa, permesso filing, investment completion within 3 months, family reunification, renewals/compliance, banking and relocation support, coordinated tax planning, timeline management.