Investor Visa for Italy

Investor Visa is the most suitable immigration strategy for applicants and their family planning relevant investments in Italy.

What are the main features of the Investor Visa for Italy 2024?

Since December 2016 the Italian government introduced a new program to obtain a permit of stay for investment (also known to many as “Golden Visa”) in the country’s economy.

The Investor Visa enables the holder to enter and stay in Italy without any restrictions of time; at the same time the holder is not bound to reside in Italy unless they want to apply for citizenship in the future.

The Investor Visa for Italy is valid and can be extended for other 3 years by providing proof that the investment in Italy is maintained.

The investor can also add family member under the Investor Visa, and they will also receive residency. The family members that can be added are spouse, underage children, parents and disabled children over 18.

All family members can access Italian healthcare and tuition system, which are known for their high quality standards. Furthermore, the applicant and the accompanying family can apply for Italian citizenship after ten years residing in Italy. Italian citizenship grants the right to live in any EU country and travel to most of the world countries Visa free.

Finally, high income individuals can apply to special tax benefits garanted by the Italian government to attract investors to live in Italy from foreign countries.

Who is eligible for Investor Visa for Italy?

The Italian Investor Visa can be requested by any extra EU citizen over 18 years of age, with no criminal records and a valid healthcare insurance being able to fulfill the investment requirements.

There are four main investment categories which enable the applicant to obtain the Investor Visa for Italy:

ITALIAN COMPANY INVESTMENT: from € 500.000 investment into an existing or new company (our company is specialized into this type of investment)
STARTUP INVESTMENT: from € 250.000 investment into an “innovative start-up” company
CHARITY INVESTMENT: from € 1.000.000 investment into a charitable no-profit organization
ITALIAN BONDS INVESTMENT: from € 2.000.000 investment into Italian government bonds

The applicant must provide evidence of the amount to invest and prove the legal origin of the funds, along with a letter of commitment to invest in the Italian economy.

What are the steps and the timeframe to obtain the Investor Visa for Italy?

The process to obtain the Investor Visa for Italy is quite complex, due to the documents and certificates that the applicant needs to provide: this is why we recommend to hire an agency like Y-Nos to assiste during the process.

It is important that the applicant bears in mind that the total timeframe from the moment of the request until moving to Italy can take up to 4 months (it can be shorter, depending on the documents provided and the Italian government immigration agency).

The steps:

Step 1: Preliminary Assessment

The application process for Italian Investor Visa starts with a preliminary assessment of the requirements of the applicant by our consultants.

This assessment is mandatory and is necessary to reduce the risk of rejection by spotting the potential risks; upon this phase, solutions and adjustments are provided by our immigration lawyer.

In case the specific situation of the applicant doesn’t match with the Investor Visa requirement, our immigration experts will suggest alternatives to successfully move to Italy.

Please note that all the information shared with our company is strictly confidential and a non-disclosure agreement is signed by Y-Nos.

Step 2: Nulla Osta Application

Our staff will collect all the documents to obtain the “Nulla Osta” certificate, which basically grants the holder the right to apply for the Visa within 6 months from the date of issue.

The documents are:

Copy of passport
A written declaration of the applicant to invest in Italy once the Visa is issued
Evidence of the funds to invest
Certificate of professional experience and introduction

Once our staff has taken care of the translation and legal certification of the documents, our immigration lawyer will create an account on the government website for Investor Visa and upload all the documents to obtain the Nulla Osta.

Step 3: Nulla Osta Application

Our staff will collect all the documents to obtain the “Nulla Osta” certificate, which basically grants the holder the right to apply for the Visa within 6 months from the date of issue.

The documents are:

Copy of passport
A written declaration of the applicant to invest in Italy once the Visa is issued
Evidence of the funds to invest
Certificate of professional experience and introduction

Once our staff has taken care of the translation and legal certification of the documents, our immigration lawyer will create an account on the government website for Investor Visa and upload all the documents.

The government office will process the request within 30 days and might request additional information or schedule a videocall with the applicant; as soon as the Nulla Osta request is successfully completed, a communication is sent to the applicant account.

Step 4: Investor Visa Application

Once the “Nulla Osta” certificate is obtained, the holder has the right to apply for the Investor Visa within 6 months at the Italian Consulate of their country of origin.

The documents to process the Visa application are:

Copy of Nulla Osta certificate
Copy of passport (all pages)
Tax number (Codice Fiscale)
A contract of purchase / lease of residential property in Italy
A photo of the applicant
Certificate of health insurance covering min. €8.500 (+ accompanying members)

Our immigration lawyer will support the applicant with the whole process, while the real estate department of Y-Nos will provide solutions for an accommodation complying with the immigration requirements.

The request is processed by the Italian Consulate within 120 days, even if in most cases the decision is reached within one month and sent to the applicant by e-mail. 

Step 5: Going to Italy and Obtaining the Permit of Stay

Once the applicant is in possession of the Visa, it will be finally possible to travel to Italy. Within 8 days from the date of arrival, the visa holder needs to go to the Questura (Police Migration Office) office in the city of residence bringing the following documents:

Two photos
Copy of passport (all pages)
Tax stamp

After providing the documents, the applicant needs to provide evidence of the transfer of the funds and of the investment fulfillment to the Investor Visa Program Committee (for instance by providing a notary act or a company registration): these obligations, and additional evidence if required by the Committee, are handled by our immigration lawyer in order to make sure that the Permit of Stay is issued without any problem.

Once the holder is in possession of the Permit of Stay, which has a duration of 2 years and can be renewed for additional 3 years in case the investment is maintained, the applicant and the accompanying family members can request the certificate of residence, the healthcare card and all the documents necessary for living in Italy. Our staff will assist with obtaining all the documents and certificates.

Can your company assist with investments in Italy?

Y-Nos can assist the investors also with the investments, in both finding, due diligence and management.

A large advantage of working with Y-Nos is that the company is composed by 3 fully integrated departments:

1 – Immigration Consultancy: our immigration lawyer and our mother-tongue multilingual staff provide top quality consultancy services, making sure that the immigration process goes smoothly and stress-free.

2 – Real Estate: our in-house real estate department manages over 100 units, both residential and offices, located in Milan and Northern Italy. We can offer to our clients accommodation, exclusive investments directly with Y-Nos (no middlemen) and full management of the real estate assets.

3 – Business Consulting & Management: our business consultancy staff is specialized into company setup, M&A operations and due diligence. Once the local business in Italy is set, we can also assist with full management of accountancy, taxation (for instance, there is a tax benefit of a 100.000€ flat tax for foreign investors) and payroll services to guarantee the investors a trustworthy and stress-free management of local operations.

The mix of Y-Nos departments is quite unique and aims to offer investors a fully integrated service to safely move to Italy and protect their savings with a reliable local company.

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In Y-Nos we aim to provide a top service at a reasonable price to cover the cost of professional and experienced staff working in a long and difficult process; when we present or manage an investment, we always take as a priority the benefit of the investor. This is our philosophy and we are looking forward to assisting more and more people along the journey of their new life in Italy.

Thanks for reading our article, we sincerely hope this was useful for you. In case you are interested in knowing more about Investor Visa for Italy or to find out the better immigration solution for your specific requirements, don’t hesitate to contact us and arrange a free consultancy with our experts.

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