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      What is the minimum financial investment required for Italian citizenship by investment?

      The minimum financial investment required for Italian citizenship by investment starts at €250,000 through the Investor Visa program for residency.

      Italian citizenship by investment is not granted directly; however, the Italian Investor Visa program offers a pathway to citizenship through residency. The minimum financial investment required depends on the type of investment you choose under this program. Here’s a detailed explanation:

      1. Minimum Investment Options:
      The Investor Visa program requires you to make one of the following qualifying investments in Italy:

      • Innovative Startups:
        Invest a minimum of €250,000 in an innovative startup based in Italy. This is the lowest qualifying investment amount under the program.

      • Italian Companies:
        Invest at least €500,000 in shares or capital of an established Italian company. This option supports Italy’s economy and existing businesses.

      • Italian Government Bonds:
        Invest at least €2 million in Italian government bonds. This option is ideal for individuals seeking a lower-risk investment.

      • Philanthropic Contribution:
        Donate a minimum of €1 million to a public-interest project in areas such as culture, education, immigration, or scientific research.

      2. Key Financial Requirements:
      In addition to meeting the investment minimums, you must fulfill these financial requirements:

      • Proof of Funds:
        You must demonstrate that the funds for the investment are legally obtained and readily available. Provide documentation such as bank statements or financial records.

      • Maintenance of Investment:
        Your investment must remain in place throughout the duration of your residency. If you withdraw your investment, your residency permit may be revoked.

      3. Residency and Citizenship Pathway:
      The Investor Visa itself does not grant direct citizenship, but it allows you to apply for residency in Italy, which can lead to citizenship through naturalization.

      • Residency Requirement:
        You must legally reside in Italy for 10 years to apply for citizenship. EU citizens may qualify after 4 years of residence.

      • Continuous Investment:
        You must maintain your investment during your residency to remain eligible for naturalization.

      4. Benefits of the Investor Visa Program:

      • Fast-Track Residency:
        You can quickly obtain a residence permit (Permesso di Soggiorno) for yourself and your family.

      • Family Inclusion:
        Spouses and dependent children are included under the Investor Visa program.

      • Path to Citizenship:
        Residency through the Investor Visa can lead to Italian citizenship by naturalization after fulfilling the residency requirements.

      5. Application Process:

      • Step 1: Pre-Application:
        Submit your investment proposal and proof of funds through the Ministry of Economic Development’s online portal.

      • Step 2: Obtain a Nulla Osta:
        Receive a Nulla Osta (certificate of no impediment) upon approval of your investment plan.

      • Step 3: Visa Application:
        Apply for the Investor Visa at the Italian consulate in your country of residence.

      • Step 4: Residency Permit:
        After entering Italy, activate your residency by applying for a residence permit.

      6. Conclusion:
      The minimum financial investment for Italian citizenship by investment starts at €250,000 for innovative startups and goes up to €2 million for government bonds or €1 million for philanthropic contributions. These investments provide a pathway to Italian residency, which can lead to citizenship by naturalization after meeting the required residency period.