Unlocking Europe: Italy’s Golden Visa & Schengen Residency

The Golden Visa in Italy, known as the Investor Visa for Italy, is being widely spoken about across the globe as one of the easiest channels to obtain European residency for foreign investors. Introduced in 2017, this program allows non-EU citizens to get an Italian residence permit on the condition that they make a qualifying investment-with no required compulsory stay within the country.

It (the program) offers an element of flexibility and various opportunities for making investments. One can select from a number of investment options, such as channelling funds towards the support of prospective Italian start-up companies, investing in an established Italian business, or for government bonds; one may also make donations to causes in charity. Normally, the visa processing time takes between three to four months, after which successful applicants are issued a residence permit, initially for two years, with the possibility of renewal throughout the continued maintenance of the qualifying investment.

The benefits of the program are 26 visa-free entries to any territory within the Schengen Area. The process of setting up residence in Italy allows residents to avail themselves of the health and education systems. Even the family of an investor – such as the spouse and dependent children – can be brought under the scope of a single application, provided they reside with him part or whole time.

With that five-year stay in the country program, which is made from adding year-on-year, permanent residence can be given, and after ten years, the investor or family can even obtain Italian citizenship, provided language and residential requirements are met. Citizenship in more than one country is permissible, so the rest of the original nationality remains intact.

The Golden Visa of Italy is not only a right of entry to every country but also brings tax breaks for new residents, making it an astonishing bid for freedom of life and economic opportunity among the global entrepreneurs, families, and others seeking citizenship overseas.

Plan Your European Move with Experts

That’s right, head to the Italian Golden Visa or go for some other business immigration advice? Abhinav Immigration Services is there to assist you in every step, starting from selecting your investment route, document preparation, and approvals. Reach out today to commence your European residency and global mobility journey with considerable peace of mind.