How To Get The Italian Golden Visa By Investing In Government Bonds (2025)
The “Lower Risk” Program Option – With The Highest Program Price Tag (€2 million)…
Looking to obtain the Italy Investor Visa by buying Government Bonds?
Below, we cover the following Government Bond typologies in more detail:
- Treasury Certificates (CCT/CCTeu)
- Zero-coupon Treasury Bonds (CTZs)
- Long-term Treasury Bonds (BTPs)
- Long-Term Treasury Bonds index-linked to Eurozone inflation (BTPs€i)
We also highlight two alternative program options at the €500,000 price point.
Going into 2025, the Government Bonds track is not exactly the go-to option under the Italian Investor Visa Program. While the Government Bond option may appeal to those seeking a lower-risk option, its price tag – a whopping €2 million – does not.
Boasting an exceptionally fast application process (just 3-4 months), no minimum in-country presence requirements, a pre-approval step, as well as offering access to the country’s acclaimed €100,000 Lump Sum Tax Regime, Italy’s Investor Visa Program ticks a lot of critical boxes.
But let’s be frank: At €2 million, this Golden Visa option is overpriced: Offering only a flexible temporary residency status, it is even more expense than Malta’s investment based CITIZENSHIP protocol, which is priced from around €1.5 million.
Nonetheless, we include it for the sake of covering all of the available Investor Visa Program options for 2025 in adequate detail.
Let’s take a look at the available government bond options that meet the Investor Visa Program requirements below…
Italian Investor Visa Benefits
GIVE YOURSELF A PLAN B OPTION IN ITALY
The Italian Investor Visa is your key to unlocking access to the world’s ultimate Plan B destination.
ENJOY VISA-FREE
SCHENGEN TRAVEL
Enjoy visa-free access to all 27 other Schengen countries for 90 out of every 180 days.
EXCEPTIONALLY FAST VISA APPROVAL PROCESS
Applicants are typically notified regarding their residency approvals in as little as 30 days.
TOTAL FLEXIBILITY –
COME & GO AS YOU PLEASE
Move to Italy full-time, visit there occasionally, or just keep the option to go live there as a back-up option – you decide.
FREE ACCESS TO
HEALTHCARE SERVICES
Italian Golden Visa residents can register for free access to Italian National Health (including doctor’s consultations, hospital admissions, etc.)
PEACE OF MIND
IS PART OF THE DEAL
Thanks to a program pre-approval step, you’ll get your 2-year residency permit before having to commit any capital.
CLEAR PATH TO
PR AND CITIZENSHIP
Apply for Permanent Residency (PR) after living in Italy for 5 years, and apply for citizenship after 10 years.
OPTIMIZE YOUR
WORLDWIDE TAXES
Foreign retirees can benefit from a 7% tax rate on their retirement income, and HNWIs can benefit from the €100,000 Lump Sum Tax Regime.
IMMEDIATE FAMILY
REUNIFICATION PROCESS
Unlike as in Portugal, where family reunification is back-logged for up to two years+, this process is fast and efficient in Italy.
Italian Investor Visa:
The Government Bonds Option (2025)
The Government Bonds option arguably features the lowest risk profile of all the program tracks (including the Public Interest Donation, which entails a total loss of capital – being a donation).
Under the Italian Government Bonds track, the following financial instruments are eligible:
- Treasury Certificates (CCT/CCTeu)
- Zero-coupon Treasury Bonds (CTZs)
- Long-term Treasury Bonds (BTPs)
- Long-Term Treasury Bonds index-linked to Eurozone inflation
- BTP ITALIA.3
For each bond typology, a minimum residual maturity of no less than two years is required.
However, as with all of the other investment based Golden Visa options, you’ll have to maintain your investment for the entire duration of your Temporary Residency in Italy.
And again, you have to apply for your Italian Investor Visa BEFORE purchasing any of these qualifying securities.
Below, we include additional information about some of the available government bond options:
| Bond Type | Minimum Denomination | Maturity | Type Of Auction | Remuneration | Redemption | Tax Rate |
|---|---|---|---|---|---|---|
| BTPs (e.g. the BTP ITALIA.3) | €1,000 | 3 Years | Marginal auction with discretional determination of price and quantity issued | Fixed semi-annual coupons, possible discount at issuance | At par, single payment at maturity | 12.5% |
| BTP ITALIA | €1,000 | 4 Or 6 Years | Direct placement on the MOT, price at par and coupon rate determined at the end of the placement period | Semi-annual real coupons, revaluation of principal on a semi-annual basis, bonus payment at maturity | Single payment at maturity | 12.5% |
| Treasury Certificates (CCTeus) | €1,000 | 5 Or 7 Years | Marginal auction with discretional determination of price and quantity issued | Semi-annual floating coupons, possible discount at issuance | At par, single payment at maturity | 12.5% |
| Zero-coupon Treasury Bonds (CTZs) | €1,000 | 2 Years | Marginal auction with discretional determination of price and quantity issued | Discount at issuance | At par, single payment at maturity | 12.5% |
Mindful Of The Government Bond Program’s Opportunity Cost? Discover Two €500,000 Alternatives With Double-Digit Projected Returns…
Key Program Requirements (2025)
| Key Program Considerations | Italian Golden Visa |
|---|---|
| Minimum Person Net Worth Requirement? | No |
| Address In Italy Required For Initial Visa Application (Rented or Purchased)? | Yes |
| Minimum Annual Income Requirement? | Yes |
| Passive Income Requirement? | No |
| Health Insurance Coverage Required? | Yes |
| Minimum Primary Applicant Age? | 18 Years |
| Family Members Eligible For Inclusion | Spouse, Parents, Children Under 18 |
| Russians and Belarusians Eliglble? | Not Currently |
| Nulla Osta (Certificate of No Impediment) Required? | Yes |
| Clean Criminal Record Required? | Yes |
| Clean Source of Funds Requirement? | Yes |
| Detailed CV and proof of qualifications held? | Yes |
| Minimum In-Country Presence Requirement? | None (0 Days Per Year) |
| Tax Liabilities Triggered? | Typically only after 182 days p.a. spent in Italy |
The Italian Investor Visa Application Process:
Government Bond Option (2025)
Why Choose Our Services?
IN-COUNTRY PROGRAM EXPERTS
Highly experienced team of investment migration, property development and hospitality experts based in Rome, Venice and Milan.
EXCLUSIVE PROJECT ACCESS
We are a single-source supplier for a regulated Real Estate Fund option focussing on the high-end hospitality market.
MEANINGFUL PROJECTED RETURNS
Unlike with most Investor Visa Programs, with the Real Estate Fund, you can expected to earn a projected return of 15% IRR p.a.
To get started on your Italian Investor Visa application in 2025, contact us today.
Simply complete the below form to request contact from one of our senior program specialists.
Contact Us Now For More Information
Email: contact@goldenvisas.it
Telephone: + 39 800 126 388
Address: Via Durini 25B, 20122, Milano, Italia
Web: www.goldenvisas.it