The second passport concept is trending in the US, and most Americans want to experience European living. Italy is one of the best countries to live in as it offers a mix of great climate and financial opportunities. You can get access to the best education and healthcare systems here as well. But immigrating to Italy requires you to fulfill some eligibility requirements. Alternatively, the investment route is available if you can afford to invest a massive sum in the country. Before going ahead, you must understand what it takes, and experts at Mbersanilaw.com can help. Let us explain why an Italian investor visa makes an ideal immigration option for high-net-worth Americans.
Eligibility is not a concern
With an investor visa, you need not worry about stringent eligibility norms. It enables you to live and settle in Italy without proving Italian roots, marrying a local, or living here for a decade to avail of naturalization. Investing in the country is the only way to get your residency and related benefits. It shouldn’t be a problem for a high-net-worth American who can buy a Golden Visa in a country of their choice. Whether you want to move here after retirement or with a young family, this is one option that works for everyone.
Multiple investment opportunities
You have multiple investment options when it comes to acquiring an Italian investor visa. Although it requires bringing in a significant sum, you have the choice of where you want to put it. Whether you have a commercial mindset or a philanthropic approach, you can explore the options accordingly. Here are the available ones.
- A minimum of €500,000 in an Italian company, incorporated and running in the country
- A minimum of €250,000 in an innovative startup
- A minimum of €1 million as a donation in a philanthropic project, such as culture, heritage, education, or immigration management
- A minimum of €2 million in Italian government bonds
Simple process leading to citizenship
The investor visa process is relatively simple as you need not procure a host of documents. A nulla osta (certificate of no impediment) is the main requirement, and you can get it online. Once you have it, you can apply for the visa at your local consulate and get it quickly by submitting ID proofs. After landing in Italy, you get your temporary residency valid for two years. You can renew it for the next three years and apply for permanent residence after completing five years in the country. The next step is an application for citizenship by naturalization after ten years. As a wealthy individual, you can continue holding the investment in Italy to complete ten years and get citizenship. There couldn’t be a better way to become an Italian citizen if you do not qualify by descent or marriage.
Migrating to Italy is easy if you are a high-net-worth American because an investor visa can serve as a pathway into the country. You only need to have enough to invest and be willing to hold the investment for the long haul.