Can I work or run a business with an Italian Investor Visa?
Yes, Italian Investor Visa holders can work, establish businesses, and be self-employed in Italy.
What are the tax implications of obtaining an Italian Golden Visa?
Tax residency is typically not triggered unless you spend more than 183 days per year in the country. However, consulting a tax advisor is highly recommended. Italy offers favorable tax schemes for new residents, including a flat €200,000 annual tax on foreign income for high-net-worth individuals.
How long is the Italian Investor residency permit valid, and how is it renewed?
The initial permit is valid for 2 years. It can be renewed for an additional 3 years at a time, subsequently, provided that the qualifying investment is maintained.
Do I need to live in Italy to keep my residency or obtain citizenship?
There is no minimum stay requirement to maintain the Investor Visa (aka temporary residency status). However, to apply for citizenship, you will be required to prove 10 years of continuous residence in Italy.
Is the investment refundable if my application is rejected?
No investment is required until after pre-approval. If the visa is denied before the investment is made, there is no financial loss.
Can I finance my Italian Golden Visa investment through a loan or mortgage?
No, the investment must be made with personal funds. Loans and mortgages are not permitted. For the avoidance of doubt, the money has to originate from outside of Italy.
What types of investments qualify (real estate, business, funds)?
Real estate investments are not eligible. Only eligible innovative startup investments, corporate investments (Shares/Stocks), government bonds, or philanthropic contributions qualify.
What are the minimum investment amounts for the Italian Investor Visa?
As of January 1, 2025, you will have the following investment options under the Italian Investor Visa Program: €250,000: Investment in an Italian innovative startup €500,000: Investment in an Italian company (shares or equity) €1,000,000: Philanthropic donation to a public-interest project €2,000,000: Investment in Italian government bonds