Italy
Golden Visa Program

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Why Choose Italy's Residency by Investment Program

Italy’s Investor Visa (aka Golden Visa) is an appealing residency-by-investment program in Europe. Launched in 2017 to boost foreign investment, it allows foreign investors like yourself to obtain a permanent residency, and eventually a citizenship after you meet long-term residence requirements. 

Through this program, non-EU investors and their families can secure the right to live in Italy in exchange for a qualified investment, enjoying Italy’s high quality of life and strategic location in the EU. Italy’s Golden Visa has been gaining popularity among those seeking European residency with the possibility of one of the world’s strongest passports in the future. 

Overview of Italy’s Golden Visa (Residence Visa) Program

Minimum Age: 18 

Investment Options: 

  1. Government Bonds: €2 million investment in Italian government bonds 
  2. Philanthropic Donation: €1 million donations to a philanthropic initiative within Italy 
  3. Business Investment 
    1. Startup: €250,000 investment in an innovative Italian startup business 
    2. Existing Business: €500,000 investment in an Italian limited company 

Additional Fees

  • Renewal Fee: €176.46 per applicant  
  • Residence Permit Fees: €126.46 per applicant  

Processing Time 

  • Initial Residency: 3 to 4 months (one of the quickest in the EU) 
  • Permanent Residency: 5 years 
  • Citizenship: Eligible after 10 years of residency 

Visa-Free Access 

  • Residency: Visa-Free Access to Schengen Area (26 countries)  
  • Citizenship: Visa-Free Access to 189 countries 

Applicant Nationality: non-EU/EEA/Swiss National 

Residency Requirement: No minimum stay required 

Italy Golden Visa Benefits

Italy Golden Visa Investment Options

Government Bonds

Invest at least €2 million in Italian government treasury bonds. The investment must be maintained for a minimum of 2 years. This option is essentially a contribution to Italy’s government financing; after holding the bonds for 2+ years, you may liquidate them (if you do so after obtaining the visa, you would need to reinvest or you risk losing the residency at renewal). Government bonds are seen as a lower-risk investment backed by the Italian state. 

Dolomites mountain village in Italy at sunset
Florence Cathedral dome and city view

Company Investment

Invest a minimum of €500,000 into the capital of an Italian limited company (an S.p.A. or S.r.l. that is incorporated and active in Italy). The company can be in any sector, but it must be an operational business (not a shell). The investment can be made by purchasing equity (shares) or quotas of the company, and it must be held for at least 2 years. 

Innovative Startup

  1. You can invest at least €250,000 in an Italian innovative startup company. “Innovative startups” are young, high-tech or innovation-driven companies certified under Italian law. By investing in such a startup, you benefit from the minimum amount being half of the regular company investment. This option is designed to spur innovation and entrepreneurship in Italy and is the most affordable route into the Golden Visa program. 
Santa Caterina del Sasso monastery on Lake Maggiore
Statue of David in Florence Italy

Philanthropic Donation

Contribute a donation of at least €1 million to a public interest project in Italy. Eligible donations must support areas such as culture and heritage preservation, education, scientific research, public arts, immigration relief, or the restoration of Italy’s natural and artistic assets. The funds must be donated to a recognized Italian nonprofit or governmental entity, and the donation is non-refundable. 

Minimum Requirements for Italian Golden Visa Program
The minimum eligibility requirements for Italy's Golden Visa Program in 2025 are:
  1. Nationality: Applicants must be non-EU/EEA/Swiss citizens  
  2. Age: The main applicant must be at least 18 years old 
  3. Investment: The applicant must make and maintain a qualifying investment in Italy for a minimum period (generally at least 2 years).  
  4. Proof of Funds (Financial Means): You must prove that you have sufficient funds to make the investment and that the money comes from legitimate sources. This includes providing bank statements and an official letter from your financial institution attesting that you are the account holder of the required sum and that the funds are transferable to Italy. In addition to the investment amount, you should demonstrate you have adequate resources to support yourself (and any family members) during your stay in Italy – this means having an income or savings above a minimum threshold so as not to burden the state. 
  5. Clean Criminal Record: Applicants must provide police clearance certificates showing no serious criminal record in their country of origin and any country of recent residence. 
  6. Health Insurance: You are required to have valid health insurance that covers you (and any dependents) in Italy. The insurance should provide comprehensive coverage for medical emergencies and healthcare while you reside in Italy (at least until you are able to register for the Italian national health service upon obtaining residency). 
  7. Valid Passport & Legal Entry: A valid passport is required. Applicants must enter Italy legally using the investor visa (after obtaining the Nulla Osta approval). As part of the process, you’ll apply for a Type D long-stay visa at an Italian consulate. Having this visa is necessary to enter Italy and convert to a residence permit. You should have no record of immigration violations or Schengen entry bans. 
  8. Family Inclusion: Eligible family members can be included in the application as dependents, but you must show proof of family ties and (for adult dependents) proof of financial dependence. This means providing documents such as marriage certificates for spouses, birth certificates for children, and evidence of dependency for older children or parents. Family members must also meet the clean record requirement and have health insurance, etc., just like the main applicant. 
  9. Residency Conditions: While the Golden Visa has no minimum stay requirement to keep the residence permit, those aiming for permanent residency or citizenship must actually reside in Italy for the required time. Permanent residency (a Long-Term EU Residence Permit) generally requires 5 years of continuous residence in Italy (with absences not exceeding 6 months at a time, and 10 months total over 5 years). Citizenship by naturalization requires 10 years of residence in Italy, along with proof of integration (including Italian language proficiency at B1 level and knowledge of culture). There is no Italian language or education requirement at the initial Golden Visa application stage – you don’t need to speak Italian to get the investor visa. Language requirements only come into play when applying for citizenship after 10 years. 
  10. Application & Approval: The applicant must follow the official application process (detailed below) and obtain the Nulla Osta (certificate of no impediment) from the Italian authorities, then the investor visa, and ultimately the residence permit. Meeting all documentation requirements and deadlines (such as completing the investment within 3 months of arrival) is part of the eligibility – failure to do so can result in denial or revocation of the visa. 

 

Italy's Golden Visa Application Process
How to get an Italian Residency (and eventually Citizenship) through investment:
    • Choose your investment route and get professional guidance: Decide which qualifying investment option best suits your goals (bonds, company, startup, or donation). It’s advisable to work with a licensed migration advisor (such as our team at ATBGM) to ensure you understand all requirements and prepare a sound application strategy. 
    • Obtain an Italian tax code (Codice Fiscale) and set up banking: You will need a Codice Fiscale (Italian tax identification number) to handle many formalities in Italy – this can be obtained via the Italian consulate or through your representative in Italy. It’s also recommended to open an Italian bank account to facilitate the transfer of funds for the investment. Having an Italian bank can make the fund verification and eventual investment process smoother. 
    • Prepare and submit the Nulla Osta application: Italy uses an online portal for the Investor Visa. You will submit an application to the Investor Visa Committee through this portal, including digital copies of all required documents. Key documents typically include your passport, proof of funds (bank letter), criminal record certificate, a resume/CV, a business or donation plan, and a signed declaration of commitment to make the investment. Once submitted, the Committee will review the application. The review usually takes about 30 days. If everything is in order, they will issue a Nulla Osta (certificate of no impediment) – essentially a pre-approval for the visa. 
    • Apply for the Investor Visa at the consulate: Upon obtaining the Nulla Osta approval, you have 6 months to apply for the actual Investor Visa (type “D” national visa) at an Italian consulate or embassy in your home country. You’ll need to present the original documents you submitted online, plus the Nulla Osta itself, visa application forms, proof of accommodation in Italy (e.g. a rental agreement or hotel booking), and proof of health insurance, among other items. The visa application fee is paid at this stage. The consulate will issue a 2-year multiple-entry Investor Visa stamp in your passport. 
    • Travel to Italy and finalize the investment: Enter Italy using your new investor visa (you must do this within the validity of the visa, which is usually issued for 2 years but you should travel as soon as feasible). After arriving, complete your investment within 3 months of the entry date.  
    • Apply for your residence permit (Permesso di Soggiorno): Within 8 working days of arriving in Italy, you must file for a residence permit at the local Questura (police immigration office) at https://citizenremote.com/visas/italy-golden-visa/. This involves submitting an application kit (available at post offices or Questura) and then attending an appointment for fingerprints/biometrics. You should bring your passport with the visa, the Nulla Osta, proof of having submitted the investment (or evidence of ongoing process), proof of accommodation in Italy, and passport photos. Upon successful processing, you will be granted a 2-year residence permit (card) tied to your investor status. 
    • Maintain your status and renew as required: The initial residence permit is valid for 2 years. To renew it, you must maintain the investment and apply for renewal before the permit expires (renewal can be done starting 60 days before expiration). The renewal permit is granted for 3 additional years. Notably, Italy does not enforce a minimum stay requirement during these years; as long as your investment remains in place and you comply with renewal procedures, your residency stays valid. After the first renewal, you would have a total of 5 years of residency (2 + 3 years). 
    • Qualify for Permanent Residency: Once you have maintained 5 years of continuous legal residency in Italy (on the investor visa residence permits), you become eligible to apply for a Permanent Residence permit (Long-Term EU Residence Permit). This status, once granted, is indefinite (no further investments or renewals needed) and gives you rights similar to an Italian citizen except voting. Keep in mind, obtaining permanent residency requires that you did spend the majority of those 5 years in Italy (generally over 6 months each year) to be considered a resident. If you have not actually resided in Italy, you can continue renewing the investor visa permit, but you won’t qualify for permanent status until you meet the residence time. 
    • Apply for Italian Citizenship: After 10 years of residency in Italy, you can apply for Italian citizenship by naturalization. This is a separate process that involves proving your continuous residence for a decade, integration into Italian society, and language proficiency (Italian at B1 level). The citizenship application may take 1-2 years to be processed by the authorities. Once approved, you will take an oath of allegiance to Italy and then can receive an Italian passport. Italy allows dual citizenship, so you generally do not need to renounce your original citizenship (subject to your home country’s laws). With citizenship, you and your family (if they also naturalize) enjoy full rights of EU citizens. 
    • Enjoy your Italian passport and EU benefits: As an Italian citizen, you gain the right to live and work anywhere in the EU/EEA, the ability to vote in Italy, and consular protection of Italy/EU when abroad. The Italian passport will grant you extensive visa-free travel globally. This is the culmination of the investment immigration journey – from initial investor visa to EU citizen in just over a decade. 

    Throughout this process, our team will assist at every step , from gathering documents, liaising with government portals, to coordinating the investment execution and guiding you through residency formalities in Italy. 

Italy Golden Visa (Residency by Investment) FAQs
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How long does it take to get Italian citizenship through the Investor Visa? 
The Golden Visa program itself grants residency quickly (in a few months), but citizenship is not immediate. You can apply for Italian citizenship after 10 years of legal residency in Italy. This is the standard naturalization timeline in Italy. In other words, an investor who moves to Italy and maintains residency can become eligible for citizenship 10 years from the start of residence. (Note: citizenship also requires passing a B1 Italian language test and meeting integration criteria.) Some investors choose to maintain the visa as a way to have EU access without full relocation, but to get the passport you will need to reside in Italy long-term. 

What is the minimum investment for Italy’s Golden Visa? 
The minimum investment amount is €250,000, which is the threshold for the innovative startup investment option. This is the lowest-cost route. The other options require €500,000 (company shares), €1,000,000 (donation), or €2,000,000 (government bonds). All four options qualify equally in terms of granting you the investor visa – you only need to choose one. €250,000 in a startup is thus the smallest investment that can get you Italian residency by investment. 

Does Italy allow dual citizenship? 
Yes. Italy permits dual citizenship, which means you can obtain Italian citizenship (after the required residency period) without losing your original citizenship. Many investors appreciate this, as it allows them and their family to enjoy an Italian/EU passport while retaining the rights of their home country. Always confirm that your home country also allows dual citizenship, but Italy itself imposes no restriction on dual nationality. 

Do I need to live in Italy to keep my residency? 
No – unlike some other golden visa programs, Italy’s Investor Visa does not mandate a minimum stay. You are not required to live in Italy full-time to maintain the residence permit. As long as you maintain the investment and renew your permit on time, your residency remains valid even if you spend most of the year outside Italy. This flexibility is a major benefit. However, if your goal is to achieve permanent residency or citizenship, you will eventually need to actually reside in Italy (5 years for permanent residence, 10 years for citizenship). But purely to keep the temporary 2-year/3-year permits, there is no specific day-count requirement per year. 

Can I qualify by buying real estate in Italy? 
No. Real estate investment is not an eligible category for the Italy Golden Visa. Unlike golden visas in some countries, you cannot simply purchase a house or property in Italy to qualify for this residency program. Italy’s investor visa focuses on financial investments or donations that benefit the economy (bonds, companies, startups, or philanthropic contributions). Of course, you are free to buy property in Italy as a foreigner, but it won’t count toward the visa criteria. 

What documents are required for the application? 
You will need to prepare a comprehensive set of documents for the Italy Investor Visa application, including: 

  • Passport (valid) – plus copies of all key pages. Birth certificates for all applicants (to verify identities and family relationships) are also typically required. 
  • Police Clearance Certificate – an official “clean criminal record” report from your country of citizenship and any country where you have recently lived. This must show no relevant criminal history. 
  • Proof of Financial Means – documents proving you have the necessary funds for the investment. This includes recent bank statements and a bank letter confirming the legitimacy of your funds and that the money is available for transfer. You will also provide a signed Declaration of Commitment stating which investment you will make and your plan to do so within 3 months. 
  • Investment/Donation Plan – a short explanation or letter (up to ~1,000 words) describing the nature of your intended investment or donation, and any relevant experience you have. If you are investing in a company or startup, details about the business can be included; if donating, details about the project or foundation. 
  • Consent from Beneficiary (if applicable) – for example, if you plan to invest in a particular company or donate to a specific organization, a consent letter or agreement from the recipient may be required. 
  • Curriculum Vitae (CV) – a resume highlighting your professional background (education and work experience). This gives the committee context about your profile. 
  • Italian Tax Code (Codice Fiscale) – while not always required at the initial online stage, you will eventually need to provide your Italian tax identification number, especially when applying for the residence permit. It’s wise to obtain this early. 
  • Health Insurance Policy – proof of health insurance coverage in Italy (or travel medical insurance that can be used for the visa) for the applicant and any family members. This is needed when applying for the visa at the consulate. The policy should meet Schengen long-stay requirements (coverage for emergency and routine care). 
  • Proof of Accommodation in Italy – by the time you apply for the visa or at least the residence permit, you should show an address in Italy (e.g., a rental contract, property deed, or an invitation from a host) where you plan to reside. This ensures you have a place to live upon moving. 
  • Civil Status Documents – if you are including family members, you’ll need marriage certificates (for spouse) and birth certificates (for children), and possibly documents proving dependency (for adult children or parents) to include them in the application. These documents should be translated into Italian and legalized (apostilled) as necessary. 

All documents not originally in Italian (or English, in some cases) must be accompanied by an official translation. You will submit scanned copies for the initial Nulla Osta application, and later present originals at the consular visa interview. Our team will provide a detailed checklist and help you gather and translate all required documents to ensure a successful application. 

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Contact us for expert assistance with your Italian Investor Visa application. We have extensive experience guiding investors through Italy’s Golden Visa process – from choosing the right investment, preparing documentation, to settling in Italy. We’ll make your journey to Italian residency smooth and hassle-free. Contact Us

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