Learn how to apply for Italian citizenship by investment, including qualifying investments, residency requirements, and the application process.
Italian citizenship by investment is not a direct option; however, the Italian Investor Visa program allows individuals to obtain residency, which can lead to citizenship through naturalization. Here’s a detailed guide on how to apply for Italian citizenship via investment:
1. Overview of the Italian Investor Visa:
The Investor Visa program provides residency in Italy to individuals who make significant financial investments in the country. While this visa does not grant direct citizenship, it offers a pathway to naturalization after meeting residency and other requirements.
2. Qualifying Investments:
To qualify for the Investor Visa, you must choose one of the following investment options:
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Government Bonds:
Invest at least €2 million in Italian government bonds. -
Italian Companies:
Invest a minimum of €500,000 in an Italian company. -
Startups:
Invest at least €250,000 in an innovative startup based in Italy. -
Philanthropic Contribution:
Make a €1 million donation to a public-interest project, such as culture, education, immigration management, or scientific research.
3. Requirements for the Investor Visa:
In addition to making a qualifying investment, you must meet these requirements:
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Proof of Funds:
Demonstrate that you have the required funds legally obtained and available for the investment. -
No Criminal Record:
Provide a clean criminal record certificate from your country of origin and any other countries where you have lived. -
Health Insurance:
Obtain health insurance that covers medical expenses in Italy.
4. Pathway to Citizenship:
While the Investor Visa itself does not grant citizenship, it provides a pathway to Italian citizenship through naturalization:
- Residency Requirement:
You must reside in Italy continuously for 10 years to qualify for naturalization. - Reduced Period for EU Citizens:
If you are an EU citizen, you may apply for citizenship after 4 years of residence.
During your stay, you must maintain your investment and meet legal residency requirements.
5. Application Process for the Investor Visa:
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Step 1: Online Application:
Submit a pre-application through the Italian Ministry of Economic Development’s Investor Visa portal. Include proof of funds and your investment plan. -
Step 2: Obtain a Nulla Osta:
Once your application is approved, you will receive a Nulla Osta (certificate of no impediment), which is valid for 6 months. -
Step 3: Apply for the Visa:
Apply for the Investor Visa at the Italian consulate in your country of residence using the Nulla Osta and other required documents. -
Step 4: Enter Italy and Activate Residency:
Upon arrival, apply for a residence permit (Permesso di Soggiorno) to legally reside in Italy.
6. Benefits of the Investor Visa:
- Fast-Track Residency:
Obtain Italian residency quickly. - Family Inclusion:
Your spouse and dependent children can also obtain residency. - Path to Citizenship:
Continuous legal residence in Italy allows you to apply for citizenship by naturalization.
7. Conclusion:
While Italian citizenship by investment is not direct, the Investor Visa program provides a pathway to residency and eventual citizenship through naturalization. By making a qualifying investment and maintaining residency in Italy, you can work toward obtaining Italian citizenship.