Invest in Italy

Travel, live, invest: a visa and a residence permit for you and your family.

Visa advantages

Visa for investors and donors

The entry visa (Article 26-bis Consolidated Law on Immigration, as amended by the law decree 16 July 2020, n. 76) offers many advantages:

  • The holder – a natural person or the legal representative of a non-EU company – shall receive an entry visa and a residence permit valid for 2 years. Once expired, the permit is renewable for the next three years. After five years the foreigner resident can apply for a long-term residence permit.

  • The possibility to stay and work in Italy or run your business from your country without waiting for further permits or visas. It is also possible to enter other EU countries (Schengen Area) and stay up to 90 days every six months.

  • Starting from September 2020, the holder of the investor visa is no more obliged to sign the integration agreement; in particular, is not obliged to learn the Italian language (as all other non-EU foreigners must do); from the same date, he is no longer obliged to reside continuously in Italy, but can enter and exit as he wishes. These two concessions are valid for the first five years from the issue of the residence permit for investors.
  • The family members of investors visa/permit holders can also apply for a residence permit for family reasons. Subjects eligible for this permit are:
    – spouses or partners, not legally separated and over 18. With this residence permit, they will be allowed to work or study in Italy at any level, likewise Italian citizens
    – the minor unmarried children of the investor and of his/her spouse, including children adopted. With this residence permit, they will be allowed to study in Italy at any level, likewise Italian citizens
    – the adult unmarried children of the investor or his or her spouse, where they are objectively unable to provide for their own needs on account of their state of health
    – first-degree relatives in the direct ascending line of the investor or his or her spouse, where they are dependent on them and there are no other sons in the country of origin
    – first-degree over 65 relatives in the direct ascending line of the investor or his or her spouse, when there are no other sons able to take charge of their care due to certified health reasons.
  • If interested in moving the fiscal residence to Italy, the investor could get a forfeit tax on the income earned abroad.

Please note:
1) If the investment in one of the companies presented by is carried out by a non-EU Company, its legal representative, as mentioned above, may apply for a visa and residence permit for investors for himself; the same company may also apply for other entry visas for its trusted persons who will enter the Italian company as chairman, member of the board of directors or member of the board of auditors. A “Self-employment – CORPORATE ROLE” entry visa can be obtained after having made the investment under these conditions.
2) If the investment is carried out by a company that wants to send its own person to manage the Italian company that was bought or become a partner in, however, the manager does not take on a company role. In this case, the manager can obtain an entry visa for subordinate labour and the relative permit to remain (special cases outside of quota, article 27 Immigration Law). This is a temporary transfer that can last up to five years; however, at the end of this period, the manager can be hired temporarily or permanently by the Italian company.

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General conditions governing the entrance and sojourn of foreign national investors to Italy

Admission onto Italian soil through an external Schengen Area border is only permitted to aliens who:

  1. are in possession of a valid passport or equivalent recognized travel document permitting them to cross the border;
  2. are in possession of documents substantiating the purpose and the conditions of the planned visit and have sufficient means of support;
  3. are in possession of a valid entry visa. The entry visa consists of a sticker placed on a passport or other valid travel document authorizing its foreign bearer to set foot on the soil of the Italian Republic or that of another contracting country for transit or stay, to be evaluated on the basis of the needs associated with the status of international relations and with the defence of national security and the public order. The entry visa for stays of longer than 90 days is called a “National Visa” (NV) and allows long-term residence on the soil of the State that issued it and, as long as it is valid, free circulation for a period of no more than 90 days per half-year on the soil of another Member State;
  4. have not been identified as inadmissible by the Schengen Information System (SIS);
  5. are not considered to be a threat to public order, national security or the international relations of any of the Contracting Parties, under Italian law or the law of another Schengen State.

The sojourn in Italy

Non-EU citizens in possession of a National Visa (NV) for sojourns longer than 90 days are required, within eight (8) days from entry into Italy to request a residence permit (permesso di soggiorno) from the Italian authorities, and will be subject to photo/fingerprint registration. Only this residence permit, which is issued for the reason and for the period indicated on the visa, authorizes an alien to sojourn in Italy. Under Schengen rules, the residence permit issued by the Police (Questura) allows aliens, unless express limitations are imposed, entry to and exit from the Schengen area and to travel without restraint for a period not to exceed 90 days in any 6-month period within territories of the other Contracting States, provided that they hold a valid national passport or equivalent travel document. Nevertheless, all aliens are required to report their presence to the police on the soil of any other Schengen State within 3 working days of entry.