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Italy is acclaimed as an immigration destination because of the myriad routes it offers to aspiring immigrants. You can get in through your Italian bloodline, marital connections, or extended residency status. But not everyone is eligible for these citizenship routes. An investor visa is the ideal option for applicants looking to start from scratch because its eligibility requirements are minimal. You can visit Bersani Law Firm for understanding more about its norms and process. Let us share some valuable insights into getting a quick start for Italian immigration with an investor visa.
Know your investment alternatives
Italian immigration is a breeze with the investor visa because investment is the primary eligibility requirement. The good thing is that you have alternatives to match your budget and preference. You can invest a minimum of €250,000 in a startup or bring in €500,000 to an established business if you have a more conservative mindset. Other options include a donation of €1 million to a welfare initiative or buying Italian government bonds worth €2 million.
Have proof of funds ready
Once you pick the ideal investment option, you can get started with the process. The good thing is that you need not bring the funds before getting your investor visa. It ensures the security of your money. It is likely a concern when you bring such a hefty investment to a foreign country. You only require proof of funds in the form of a bank deposit to validate your ability to invest.
Complete the formalities
After having the bank proof ready, you have to complete the formalities to complete the process. Luckily, it involves only two steps, and you can expect to wrap them up within a few months. The first step is obtaining a nulla osta or certificate of no impediment through an online application. You can get it within 30 days if the authorities are satisfied with your paperwork. In the second step, you apply for the investor visa at your local consulate.
Get a residence permit
The investor visa gives you a quick start with Italian residence status, as you can get your residence permit right after landing. It gives you the right to live and work in Italy, access healthcare and education benefits, and travel visa-free across the EU. But remember to have the funds at hand because you will need to bring them in within three months of getting the residence permit. Failing to do it entails the risk of revocation of your investor visa and residence status.
Move toward your citizenship goals
Besides giving you easy access to Italian residence, the investor visa sets you up for citizenship in the long run. Your residence status is the first step to qualifying for citizenship by naturalization eventually. It requires you to stay in the country for ten years and retain the initial investment throughout this period. After a decade, you become an Italian citizen and pass on the rights to your family and the next generations.
If you plan to move to Italy and settle there, an investor visa gives you the right start. Collaborate with an expert to help you obtain the investor visa and achieve your citizenship goals down the line.
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