An official permit and staying in the country for several years will interest migrants. They are offered a high standard of living and a safe space. Offers are quite common, so wealthy investors evaluate them based on personal requirements. To compare options, more data on participation conditions, processing time, and benefits is needed. A temporary stay in a new country is something that helps to develop an established business.
Interest in investor programs is growing every year. More and more migrants are willing to make donations or invest capital. A specialist consultation will help to determine whether the Italy Golden Visa program meets the applicant’s needs. Getting tips and advice is easy: contact the agency for help and ask your questions.
Cooperation with experts allows you to determine the best route, speed up the process of obtaining a permit, and start using the privileges of the local population. The features will help you compare offers from different countries and apply for a unique program for migrants.
Overview of Investment Options for Italian Residency
It is quite easy to determine which route will be the best, taking into account personal requirements. It is worth considering the conditions that the Italian government imposes on foreign investors. There are several ways to obtain an Italian Golden Visa. These include a charitable contribution, setting up a local company to operate within the country, and buying bonds.
The total cost includes investment in the chosen method, application processing fees, and additional expenses. The price of participation can be clarified after discussing the details with an accredited agent.
Real Estate Investment
For now, the country has stopped processing applications from foreigners who want to buy real estate. Investments will not allow you to participate in the program, but setting up a company to work in the field will bring the desired result. Immigration expert Vladlena Baranova (Immigrant Invest agency) will help you get tips and choose the right options.
Business and Entrepreneurial Investments in Italy
The revised terms of the 2018 program allow you to participate in the program at a reduced price. The amount of investment depends on the type of company used in the offer. Foreign entrepreneurs have the opportunity to apply for support:
- local companies – from 500,000 thousand euros;
- startups – from 250 thousand euros.
A one-time payment is made after the application is pre-approved. The migrant fulfills the legal requirements and undergoes a background check. The Italian government checks foreigners to confirm their trustworthiness. This means that participants provide financial documents and references to assess their capabilities.
Key Advantages of Italian Residency for Investors
Migrants’ demand is supported by the advantages offered. Among them is the possibility of getting Italian citizenship after 10 years of residence. Residents must extend the period of their status to apply for a passport. They do not have to renounce their citizenship.
- In addition, the approval of the application allows you to get the rights and freedoms of the local population, which include
- easy travel to Schengen countries;
- high standard of living;
- quality education and medical care;
- no requirements for mandatory permanent residence in the country.
Supporting the economy and the important cultural sphere is a great way to get official permission from the government. The return on investment is from 5 years. Mild conditions for foreigners and a high standard of living motivate investors to choose this path for naturalization in Italy.
Application Process for Italian Residency by Investment
To apply for and obtain an Italian residence permit, you need to fulfill simple requirements. An interested foreigner must register in the electronic system and then submit documents at the consulate. You can save time and go through the process as quickly as possible with the help of an accredited agent.
Approval of applications is the first step towards an official stay. Foreigners receive a visa to cross the border and continue with the processing. In Italy, you need to fill out a questionnaire and provide documents to confirm the legality of the business and the applicant’s trustworthiness. The Italian government’s permit is valid for two years, and the migrant can easily visit the Schengen area without applying for additional visas.
Legal and Financial Requirements
The offer is relevant for wealthy investors and entrepreneurs. You can apply for the program if you have the following documents:
- legal operation of the company and ways to make a profit;
- no criminal record or open criminal proceedings;
- consent of the investment recipient.
Proof of financial independence and legal means of obtaining capital is required in accordance with the law. The application is reviewed within 6 months. The results of processing are provided by mail or through an authorized representative.
Conclusion
The country’s offer differs from the others presented by investor. First of all, the Italy Golden Visa by investment allows to obtain a temporary residence permit for 2 years. It is easy to extend the period of residence, provided that the holder remains a participant in the activities of a local company or startup.