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When you consider the idea of residency-by-investment in Europe, countries such as Portugal, Spain, or Greece come to mind. But in the last few years, another preference has developed: the Italy Investor Visa. Italy now hosts almost 5 million immigrants and is welcoming more with the Golden Visa program. Known as the Italian Golden Visa, the scheme combines life, opportunity, and benefit factors that will place it above other schemes.
In this blog, we’ll compare the Italian Golden Visa with the other visas offered by other EU countries and help you make your decision.
What Is the Italy Investor Visa?
The Italian Investor Visa is a residence-by-investment program that enables non-EU citizens to attain Italian residency by investment. The qualifications of the applicants are met by making monetary investments in government bonds, Italian businesses, entrepreneurial startups, or charities.
In contrast to short-term visas, the Investor Visa offers a renewable, reachable way of residency, the entry of the family, and, at some point, citizenship. As an option to Americans wanting a solid European foundation, it is gaining currency.
Now that we know what the visa is, let’s compare it with the other EU visas offered by the various countries.
The Italian visa is often preferred by Americans for several reasons. Here are the top reasons that make the Italian visa a remarkable offer:
Unlike property investment programs, the Italian Investor Visa enables U.S. citizens to invest in start-up businesses, established companies, or cultural projects. This freedom allows Americans to pursue personal and financial goals.
Under the visa, a two-year residence permit would be granted and extendable to a further three years. Within five years, the applicants can be awarded with long-term EU residency, whereas ten years after the date, the applicants may gain citizenship.
Italy is more than paperwork. Americans are magnetized to the culture of Italy, international business interests, and easy access to Europe from the country. With the financial capital of Italy, Milan, and the picturesque beauty of Tuscany, living in Italy is not just about gaining residency in the country; it is more like an upgrade in lifestyle.
The visa is also family-friendly since it is extended to spouses and children. The visa becomes a package of education, healthcare, and access to culture.
Whereas some countries, such as Portugal, have undergone regular changes in regulation, the investor program in Italy is stable and reliable, which makes Americans more secure with their long-term plans.
To qualify for the Italy Investor Visa, applicants must choose one of the following options:
Other requirements include:
While Greece and Spain emphasize real estate, and Portugal shifts away from property options, Italy’s program balances affordability, flexibility, and prestige.
For many Americans, these factors make Italy’s program not only attractive but also strategic.
Upon evaluating the most suitable EU residency by investment program, Italy is becoming increasingly attractive. The Italian Golden Visa is unique, considering its lower cost of entry into the program, an array of investment options, and cultural features as compared to Portugal, Spain, and Greece.
To U.S. citizens with a dream of residency in Italy through investment, the Investor Visa is more than a license; it is their ticket to the future in one of the most popular countries in Europe.
At Di Martino Law Group, we guide U.S. investors with the proper procedures, where to invest, and how to work around legal paperwork and residency requirements.
Willing to learn about the Investor Visa in Italy? Call Di Martino Law Group now, and our professionals can help you acquire residence in Italy.