Italy is a country in southern Europe that is a member of the European Union. It is one of the most visited countries in the world because of its rich cultural heritage, delectable cuisine, and pleasant climate. The Italy Investor Visa is a residency by investment program that grants applicants a 5-year temporary residency permit in Italy. Investors may apply for permanent residency after five years and Italian citizenship after a total of 10 years of residence. Those with Italian ancestry or descent can obtain citizenship much quicker.

The Italy Golden Visa program allows investors to put their money into bonds, stocks, creative startups, or charitable organizations. For the residence permit to remain valid and be extended, the investment must be held.

Italy has one of the best passports in the world. Italians have the right to live anywhere in the European Union as EU citizens. The passport provides for 90 days of visa-free travel to the United States per year. The tax system in Italy is also favorable to the rich. Article 24-bis of Italy’s Tax Code (TUIR) provides an optional tax regime that allows new immigrants to pay a €100,000 lump sum once a year to replace regular taxes on their entire income earned outside of Italian territory. The Italy Golden Visa Scheme allows cash-rich investors to gain a residency permit in the European Union and purchase real estate in Italy if they desire.

Learn more about the Italy Golden Visa Program:

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