The Italian residence by investment programme was launched in December 2016. Invest at least €250,000 in an innovative startup. To be eligible for a Belgian Golden Visa, you have to create a company and invest €350,000 – €500,000 for a period of five years. 25 million ($1 . European Residency Price of purchased property cannot be less than €350,000. Such an amount is undefined but we understand it to be in the region of €300,000 – €500,000. It is directed to wealthy foreign nationals who want to acquire residency in a certain country by investing a substantial amount of money or by purchasing a property. Real Estate To get an Italian Golden Visa (Investor Visa), you have to actually invest in a company or make a donation. EU Schengen Zone Travel Simply put, Golden Visas are European residence by investment programs that let an individual obtain a temporary or permanent residence permit in the given country. Live, Work, Study in Europe, From €350,000 + costs To be eligible for the Italy Golden Visa, you have to make one of the following investments: >> Investor Visa for Italy – Get Italian Residency & Citizenship by Investment. Citizenship Citizenship from 8 years, From €350,000 Do Countries Outside EU Offer Golden Visas? Similar to Cyprus, Malta offers two types of so-called Golden visas. To be eligible for the Portuguese Golden Visa, you must make one of the following investments: >> Portugal Golden Visa – Invest in Portugal and Get the Residence Permit. EU countries offering Golden Visa programmes are: The most common method of getting a Spanish Golden Visa is by investing in real estate. In 2017 Italy introduced a new programme namely the “Investor Visa for Italy”. Visa Free Travel ADDITIONAL GOLDEN VISA LEGAL FEES: For dependants 18 years-old and older. Immigrate to Germany with family To be eligible for the Italy Golden Visa, you have to make one of the following investments: Invest in a Government Bond issued by the Italian Republic. Some countries, such as Spain, Portugal, or Greece offer residence by investing in real estate, companies, government bonds, or certain industries in the country. Spain’s Golden Visa program is Europe’s most expensive, requiring a real estate purchase of at least 500,000 euros. Make an investment of at least €400,000 in bank deposits in Greece. Investment requirements in these countries are higher. If you apply for a Golden Visa, you and your immediate family members (spouse and children) will receive residence permits which can be renewed indefinitely as long as you maintain the investment. Requirements for citizenship by investment depend on each State separately, but you are usually looking at about ten years of continuous residency. The Italian residency scheme is very different to the Golden Visa programmes of Portugal and Spain or Citizenship by Investment programmes of Malta and Cyprus. All family members can make use of visa-free travel in Schengen, If you decide to live in Spain, you can get permanent residence in five years, and citizenship and an EU passport in ten years, Purchase real estate amounting to at least €500,000, Purchase real estate in an urban regeneration area at least 30 years old amounting to min. Italy is a member state of the EU and also member of Schengen Area. Renewal Legal Fees. This includes: Copyright © 2013 - 2020 SchengenVisaInfo.com. €1,000,000 loan to an Italian limited company, €500,000 invested into an innovative start-up. To be eligible for a Greek Golden Visa, you must make one of the following investments: >> Greece Golden Visa – How to Get Permanent Residency and Citizenship. Italy offers no real estate investment option. To be eligible for a Spain Golden visa, you must make one of the following investments: >> Spain Golden Visa – Invest in Spain and Get the Residence Permit. Rent or purchase a property in Malta, and commit to living there for at least 5 years. We make what looks like an expensive and difficult option, affordable and complex free. Investor Visa Italy – Residency by Investment The fiscal benefits for the expats that invest in Italy, your gateway to Europe The Italian Law offers further fiscal benefits to foreigners that move to Italy, even to those who are not wealthy enough to qualify for the Flat Tax regime. The minimum requirement can be either: A selection of residency and citizenship programmes. Italy Golden visa. Pay annual tax of between CHF 150,000 and CHF 1 million, depending on which canton you wish to settle. Italy also offers startup visas, as an alternative golden visas. This requirement is reduced to €35,000 if the applicant is making a large investment in property. Invest at least €500,000 company incorporated and operating in Italy. The Parliament of the Portuguese Republic has turned down a bill proposed by the opposition parties to abolish the Golden Visa Scheme. Can You Get Citizenship by Investment in the EU? At this point in time Italy does not have a golden visa programme for investors purchasing real estate. After 10 years of living. The Italy golden visa scheme known as “Investor visa for Italy” was officially launched in Dec 2017 by the Ministry of Economic Development. European Residency Once you get a permanent residence permit, it is usually automatically renewable, although some specifics will depend on the issuing country. Italy Golden Visa Program 2021 Looking to gain Italian residency by investment in 2021? 42 million). Full Family Application, Belmont House, Belmont Road, Uxbridge, UB8 1HE. The Golden Visa Program in Italy The main program under which foreign citizens can obtain permanent residence followed by citizenship by investment in Italy is canned the Investor Visa Scheme. Some countries will offer citizenship after a shorter period of time (such as Greece, after seven years) or even without any stay requirements at all. No, you cannot. Italy is the 3rd largest economy in the Eurozone and the 8th largest in the world, with a GDP of about 2 trillion dollars (IMF, 2016) To be eligible for a Malta Citizenship by Investment visa, you must fulfil the following conditions: Via this program, you can be eligible for Maltese citizenship after a year. Swiss Citizenship. You can get a Greek Golden Visa by purchasing real estate worth at least €250,000 or another type of investment. Although there is no required minimum stay to renew the visa, if you want to acquire citizenship, you have to live in Greece for seven years. Programmes start from a minimum $140,000 including costs. Spain Golden Visa – Invest in Spain and Get the Residence Permit, Portugal Golden Visa – Invest in Portugal and Get the Residence Permit, Greece Golden Visa – How to Get Permanent Residency and Citizenship, Cyprus Golden Visa – How to Get Permanent Residency and Citizenship, get an Italian Golden Visa (Investor Visa), Investor Visa for Italy – Get Italian Residency & Citizenship by Investment, Visa for Cultural / Sports / Religious Event, That you own the money intended for investment, That you have no history of criminal records. It is possible to gain permanent residency in Italy but applicants need to demonstrate annual income of €100,000. The report concluded that the Golden Visa schemes are a gateway to Europe for […] Ties to Portugal and acquiring language is a requirement for citizenship, however. The ‘golden’ part is that you’re getting a residence permit in an EU country and not just some random island in … Find out more below: In particular if you are an investor, this specific regulation, within immigration law, allows you the entrance and the accommodation in Italy for periods exceeding three months, outside the quotas system. But remember, the exact rules change from country to country, so this may not always be true. The Portuguese Golden Visa has investment options which start at €250,000. Investing at least €3 million to the government development fund. What’s unique about the permit is that the investor only has to spend about seven days per year in Portugal to maintain the residency, while still reaping all the benefits of being an EU resident—including visa-free travel in the entire Schengen area. Apply Citizenship 5 years, From €360,000 The Golden Visa Italy is a program introduced by the Italian government in 2018, and represents a step forward in promoting investment in Italy as well as an important new entry within the Italian Visa System. Italy does not offer a path to residency or citizenship via the purchase of a property. 1. €500,000 (golden visa) Qualifying investments. Invest in a Government Bond issued by the Italian Republic. You need to live in Switzerland for at least 10 years to get permanent resident status and at least 12 years to get citizenship. Italy one of the founding members of the European Union and also participates in the Schengen area.. 2017 Budget Law of Italy regulates the entry and residence for investors for the golden visa program (known as Italian investor visa). 8%. It is possible to gain permanent residency in Italy but applicants need to demonstrate annual income of €100,000. Cyprus offers two types of Golden Visas. >> Cyprus Golden Visa – How to Get Permanent Residency and Citizenship. In order to receive residency by investment in Austria, you would have to invest in something which would create jobs and have an impact on Austrian economy. Can You Get EU Permanent Residence by Investment? Invest at least €250,000 in government bonds or shares for a minimum of five years, Invest at least €30,000 in the State Fund of Malta, Live in Malta, either by purchasing or renting a property, Form a company which offers employment opportunities for Swiss nationals. In order to request and obtain Elective Residence Visas and Permits, Dream Properties in Italy, in partnership with ITALIAN LUXURY Realty Business has fine-tuned a special Golden Visa Italy (Elective Residence Permit) “turnkey” service, offering complete legal and professional assistance to carry out the entire procedure, both in the applicant’s country of residence and in Italy: Startup visa . €350,000, Make a capital transfer of at least €1 million, Invest at least €350,000 in scientific research, Invest at least €250,000 in arts, culture, and heritage, Invest at least €500,000 in a small/medium business, The investment options can start at €250,000. Permanent Residency. The following investments qualify for italian golden visa under 2017 Budget Law, were discussed and approved by the Italian Parliament on 7 December 2016 and made effective as of 1 January 2017. Business: Government bonds: … Established in 2012, Portugal’s Golden Residence Permit Program(ARI) enables non-EU/EEA citizens to obtain a special residence permit in exchange for a 5-year investment in Portugal. The opposition came up with the bill after a report of the anti-corruption organization Transparency International in October 2018. The Residence Permit includes your family members as well, including children up to 25 years of age. You and your family members will enjoy the freedom of movement through the Schengen Zone. No requirements but if you want PR/Citizenship, you must take up residency in Switzerland. Please tick above to confirm funds. In order to receive citizenship in a certain EU State via a Golden Visa, you must spend a specific amount of time actually living there. The amount of money you have to invest to be eligible for a Golden Visa depends on the country. Golden Visas gives you access to expert advice and the most affordable EU residency solutions available to non-EEA citizens. Visa-free travel to Schengen Zone for yourself and your family members, Visa can be renewed every two years if you have maintained the investment, After five years of residency, you can apply for permanent residency, After ten years, you can apply for Italian citizenship. The Golden Visa Scheme in Italy Non-EU citizens benefit from various means through which they can obtain permanent residency and even Italian citizenship if they want to. Golden Visas gives immigrant investors access to some of Europe’s best investment citizenship programmes, including the Bulgarian, Cypriot and Moldovan investment passports. You must also make an additional donation of €75,000 to the Cyprio Research and Development fund and a €75,000 to the Land Development Organisation, for a total of €2,150,000. Invest at least €500,000 company incorporated and operating in Italy. Invest in Spanish public debt, at least €2 million. The Italia Startup Visa (ISV) programme was launched by the Italian Ministry of Economic Development on 24 June 2014. Dual Citizenship. The Investor VISA, or so-called Golden VISA, has been introduced by Italian law in 2016 in order to attract foreign investments in Italy. Children are free of charge = €500. For more details or to contact an advisor please complete your details. Atlas Citizenship is "The Agency" that represents exclusive investors around the world willing to safely obtain a Second Citizenship or Residency by Investment. One leads to citizenship whereas the other to indefinite permanent residency. However, if you intend to purchase a property, a mortgage may be allowed, depending on the country. Italy offers new golden visa program to non-EU citizens. Make an investment of at least €400,000 in Greek government bonds, Make an investment of at least €400,000 in a Greek company. An investor visa can only be issued for a single investment, falling into only one of the types described below. This means that you do not need to relocate to another country unless you want to. Luxembourg is also one of the richest countries in the World and a founding member of the European Union, OECD, United Nations, NATO, and Benelux. That general rule, though still applicable for all other residence categories, no longer applies to … Italy becomes the latest country to join the Golden visa club among the other European countries such as Spain, Portugal, Greece, Latvia etc. *Certain countries, such as Portugal, do not have any stay requirements to obtain a permanent residence permit. A Golden Visa is a citizenship by investment or residency by investment program. “So, for example, if you had a two-year permit [the initial duration for golden visa holders], you could not spend more than one year outside of Italy (except if you could prove you had valid reasons). Allowed. Swiss VAT. Swiss Taxes €2,200,000 Investment An investment may be made in three ways for Portugal’s Golden Visa Program. I nformation about elective residence visas and long-term tourist visas (5 years) in the case of residential real estate investments in Italy. This programme applies to nationals of non-EU member states who intend to make an investment or a donation in Italy. Yes, several countries outside the European Union also offer Golden Visas. Make a philanthropic donation in the fields of culture, education, immigration management, scientific research, preservation of cultural and natural heritage. Golden Visa to Italy and Schengen Area. You will still have to renew the residence permit, but not actually apply for a new one – similar to an ID card. Holders of a Golden Visa can apply for permanent residence and citizenship after as little as five years. To get Permanent Residence by Investment in Cyprus, you have to purchase property amounting to at least €300,000. You only need to spend two weeks per year in Portugal to renew the visa. A Golden Visa for an EU country is particularly desirable as it allows the holder (and their family members) freedom of movement throughout the entire Schengen Zone. The visitor program or Golden Visa for Italy is a way to gain residence in the country, which can be temporary and later gets permanent. You can only receive citizenship in Belgium after five years of residency. Visa Type: Swiss C visa or D visa or Residence permit. Let’s have a look how to move to Italy taking advantage on the very competitive new Italy flat tax system. Italy is the 3rd largest economy in the Eurozone and the 8th largest in the world. Portugal. Our Mission; Peace of mind; Transparency; Legal advice; Corporate / Hotels; Golden Visa to Italy and Schengen Area European countries are running programs for investor residences, but Italy, to be precise was late to the European Golden Visa party. Invest at least €650,000 to the government’s national development fund and €150,000 in government-approved bonds or shares. Invest in shares in a Spanish company or bank deposits of at least €1 million. Is Italy next to offer the Golden Visa? A golden visa for Italy is a state programme that allows investors and their family to obtain a residence permit for Italy for a significant contribution to the economy of the country. You need to purchase a property amounting to at least €500,000. GOLDEN VISA APPLICATION LEGAL FEES: For a single applicant. Considering Italy remains a popular tourist destination, the relaunch of the golden visa program afforded an excellent opportunity for attracting real estate investors seeking to invest in vacation homes, tourist resorts, and other tourism-related property assets. Invest in real estate amounting to at least €500,000. For one, to receive residency via investment in Switzerland, you would have to make one of the following investments: Additionally, the required settlement period before you can receive permanent residency or citizenship is also higher. We specialise in Golden Visas and economic citizenship programmes, and collaborate with only the finest immigration experts across 20 countries to bring you only the finest investment migration solutions. Golden Visa Italy The new Flat Tax System in Italy is an interesting fiscal initiative for new Residents only. All Rights Reserved. You can apply for citizenship after five years, without needing to live in Portugal. Investor Visa Italy (aka Italy Investor Visa) is a 2-year visa for non-EU citizens who choose to invest in strategic assets for Italy’s economy and society.. In these cases, the amount of money required for investments usually does not exceed €500,000. At this point in time Italy does not have a golden visa programme for investors purchasing real estate. ... As part of our Golden Visa Package Service, we offer to accompany, guide and advise you along every step of the way. No minimum residency requirements 4. Italy implemented a groundbreaking Startup Law to encourage the creation and development of innovative startups. In most cases, there is little to no requirement to actually be present in the country that issued the Golden Visa. As a matter of fact, Italy is one of the friendliest countries in Europe when it comes to the facilities offered to third-country individuals moving here. However, this program often receives various names, among which citizenship by investment, golden visa in Italy and so on. 1 powerful in the world 3. Real estate investment €500,000 or more; Visa type. A fast and easy way to receive citizenship by investment for the EU, and eventually a passport. To get a Citizenship by Investment in Cyprus, you must make an investment of €2 million. Visa can be renewed every five years if the investment is retained, You can get Greek citizenship after seven years of residence, Freedom of movement in the Schengen Zone for all family members, The visa can include the spouse, children up to 21 years of age, and both sets of parents. There is also a possibility of buying property for EUR 300,000and obtain residence in Waldniel, Germany. The Italian Move. Germany is in Schengen with excellent infrastructure and ease to do Business 2. If the Golden Visa eventually leads to EU citizenship, then the resulting passport will offer visa-free travel to over a hundred countries in the world, depending on the issuing State. Visa Free movement in Schengen (German residence permit). After 12 years of uninterrupted living by naturalisation. 5. Purchase real estate worth at least €250,000. That you can sustain yourself and family members for the period of time you intend to live there. La Vida Golden Visas facilitates the acquisition of residency, immigration and citizenship through investment. Real Estate investment The eligibility requirements for a Golden Visa are different from country to country, but in general, you will have to prove the following: GET PROFESSIONAL HELP WITH YOUR GOLDEN VISA APPLICATION PROCESS. You still have to pay the minimum amount of money required upfront, and for anything over the minimum required amount, you can get a mortgage or loan. However, if you wish to get permanent residence or citizenship by investment, most countries will require actual residency for about five to ten years. The italian golden visa scheme however is still in infancy, but startup route is quite popular. How Much Investment Is Required for a Golden Visa? One leads to citizenship whereas the other to permanent residency (indefinitely), and both have desired results. Italy opened investor visa scheme to foreigners in December 2017, according Budget Law for 2017. Luxembourg has a super interesting golden visa scheme in Europe for HNW individuals to invest, work, study and do business. Citizenship is not guaranteed if you receive a Golden Visa. This requirement is reduced to €35,000 if the applicant is making a large investment in property. EU Schengen Zone Travel Firstly, the … Residency Requirements. Invest at least €250,000 in an innovative startup Invest in the Dutch startup industry, and receive 10-30% IRR, plus receive a “Golden Visa” from the government at an investment of €1 . European Citizenship Belgium does not offer a Golden Visa on the basis of purchasing a property – in this case also, the investment must be more active. On the other hand, there are EU countries such as Switzerland, Italy, and Austria which require a much more active investment method, such as creating job opportunities. To be eligible for Permanent Residence by Investment in Malta, you have to: This program does not guarantee citizenship, but you will be allowed to live in Malta and have visa-free travel to the Schengen Zone. You can get Cypriot citizenship within six months via this program. The new Italian tax regime is unique and very competitive, compared with similar programs in … Business Investment done through a new or existing italian company in real estate, automotive, tourism, construction, marine, food processing, textile and Information technology sectors. GOLDEN VISA RENEWAL LEGAL FEES: For a single applicant = €1,000. Yes, you can get permanent residency by investment in an EU country after five years of living there*. Similar to Switzerland, you cannot get an Austrian Golden Visa by purchasing real estate or similar non-active investments. If you intend to make an investment as a means of obtaining residency, you will need to prove that the money being invested is actually in your name, so no loans are allowed. In these European countries there is no requirement to reside and become tax resident, no minimum stay and clearly defined programme rules. Dependants younger than 18 years-old can be included free of charge = €6,000. The Golden Visa program for Switzerland is much more rigorous than it is in most other countries. … The new minimum of 250,000 places Italy’s investment low end of the cost-spectrum among European golden visas but also calls for a much higher level of risk tolerance than its peers as only those applicants willing to make a … German passport rated as No. Investing at least €10 million directly into a business. 2017 Budget Law of Italy regulates the entry and residence for investors for the golden visa program (known as investor visa). 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