Italy
Investor Visa for Italy
Minimum investment
EUR 250,000
Processing time
2-3 months for the nulla osta clearance, plus consular visa issuance time
Physical presence
no minimum stay required to maintain the residence permit
- Investment route
- •Italian government bonds (BTPs), minimum EUR 2,000,000, at least 2 years remaining maturity
- •Corporate bonds or shares in an Italian limited company, minimum EUR 500,000 (reduced to EUR 250,000 if investing in a registered innovative startup)
- •Public-interest project donation, minimum EUR 1,000,000, in fields such as culture, education, ecology, immigration management, research and development, arts, or heritage
- •direct residential real estate purchase does not qualify
- Investment breakdown
- startup investments must go into companies registered on Italy's official innovative-startup register to qualify
- Additional fees
- •no fixed government fee is published on the official portal beyond standard visa and permit-of-stay administrative costs
- •legal and notary costs apply to the chosen investment structure
- Eligibility
- •18+
- •Clean criminal record
- •Verifiable source of funds
- Due diligence
- •clean criminal record, proof of financial resources, and a completed investment declaration reviewed by the Investor Visa for Italy Committee (IV4I)
- •the program is currently suspended for non-EU citizens holding dual Russian or Belarusian nationality, per a 2023 Committee order implementing EU Recommendation C(2022) 2028
- Family inclusion
- •Spouse
- •Dependent children
- •Dependent parents
- Path to citizenship
- •the Investor Visa does not itself grant citizenship
- •investors who relocate to Italy may apply for permanent residency after 5 years, or for citizenship through ordinary naturalization after 10 years of legal residence
- Renewal
- •initial residence permit is valid 2 years
- •renewable once for a further 3 years if the investment is maintained, requiring a new Nulla Osta
- •if the original investment or donation is maintained for a full 5 years, a long-term (EU) residence card can be requested
- Dual citizenship
- Fully permitted — Italy has allowed dual citizenship without requiring renunciation since its 1992 nationality law reform
- Key benefits
- •Access to the Schengen Area
- •The government's flat-tax regime for new residents (regime forfettario) can substantially reduce tax on foreign-source income
- Taxation
- eligible new residents may opt into a flat annual substitute tax on foreign-sourced income instead of ordinary progressive rates, for a period of up to 15 years
Application process
- 1.register on the investorvisa.mise.gov.it portal and submit application forms, investment selection, and supporting documents
- 2.receive a Nulla Osta (certificate of no impediment) from the IV4I Committee within 30 days of a complete submission
- 3.apply for the D (entry) visa at an Italian consulate within 6 months of the Nulla Osta and enter Italy within 2 years
- 4.apply for the residence permit (permesso di soggiorno) at the local Questura within 8 days of arrival
- 5.complete the declared investment within 3 months of arrival and upload proof to the portal for Committee evaluation