According to a 2019 report prepared by the EU Commission these schemes exist to date in 20 MEMBER STATES.
Five types of investment options can be observed:
(i) capital investment; (ii) investment in immovable property; (iii) investment in Government bonds; (iv) donation or endowment of an activity contributing to the public good; and(v) one-time contributions to the State budget.
A research conducted in 2017 by LexisNexis UK evidenced a significant disconnect between law firms and their clients. The research found three main concerns expressed by clients:
(i) Clients expect solutions and 𝗮𝗱𝘃𝗶𝗰𝗲 𝘁𝗼 𝗯𝗲 “𝗴𝗼𝗼𝗱 𝗲𝗻𝗼𝘂𝗴𝗵”, 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝗲𝗱 𝘁𝗶𝗺𝗲𝗹𝘆 𝗮𝗻𝗱 𝗶𝗻 𝗮 𝗳𝗼𝗿𝗺𝗮𝘁 𝘁𝗵𝗮𝘁 𝗲𝗻𝗮𝗯𝗹𝗲𝘀 𝘁𝗵𝗲𝗺 𝘁𝗼 𝗺𝗮𝗸𝗲 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀 𝗾𝘂𝗶𝗰𝗸𝗹𝘆 . Instead, they receive good diagnoses but not commercial solutions;
(ii) the value received is not commensurate with the cost incurred and time taken (client are looking for advice that is “good enough” rather than the “gold standard”)
(iii) lack of certainty and predictibility in cost and time that they…
Recently there have been some articles posted on the web, mostly targeted to South African citizens, publicizing the possibility of obtaining citizenship by investing in Umbria, a region in the centre of the country. The articles allege:
“a new programme created by the Italian Revenue Agency (Agenzia delle Entrate) to encourage economically active people to immigrate to Italy now offers South Africans a relatively inexpensive way to gain residence in that country, followed by citizenship and an Italian passport, in less than a year.”
“The main program under which foreign citizens can obtain permanent residence followed by citizenship by…
This visa is for those who want to live in Italy without working. ERV requires the applicant to show a minimum passive income (i.e. not deriving from work or salary) of not less than € 31,000/year and to have a suitable accommodation.
The Investors’ Visa can be obtained by: (i) purchasing € two million in Italian government bonds (to be kept for a period of at least two years); or (ii) investing € 500,000 in a company or € 250,000 in a “innovative start-up”; or (iii) donating € one million in philanthropic projects of public interest.
Entrepreneurs intending to implement…
Many people are confused by the different steps and documents which are issued during the immigration procedures for moving to Italy.
The standard steps and documents for those who move to Italy are the following:
A single permit which allows a non EU national to work in all EU States does not exist. Each States has its own national provisions for work visas and stays exceeding 90 days. There are however some EU Directives which grant some rights of movements — under certain conditions — to non-EU nationals settled in one EU State.
Non- EU nationals (this country nationals, TCN) who hold a valid residence permit or visa in one Schengen State have the right to move freely within the Schengen area for business or tourism, but stays cannot exceed 90 days any 180 day…
ACCORDO D’INTEGRAZIONE — ANAGRAFE — A.S.L (or U.S.L.) — CARTA D’IDENTITA’ — CARTA DI SOGGIORNO — CERTIFICATO DI IDONEITà ALLOGGIATIVA/IDONEITà ABITATIVA/IDONEITà ALLOGGIO — CESSIONE DI FABBRICATO — CODICE FISCALE (TAX CODE) — COMUNE — CONTRATTO DI SOGGIORNO — CUD — DICHIARAZIONE DI OSPITALITA’ — DICHIARAZIONE DI PRESENZA — DPL or DTL — DURC — FOTOSEGNALAMENTO — KIT POSTALE — INAIL — INPS — MARCA DA BOLLO or BOLLO — MATRICOLA INPS — NULLA OSTA AL LAVORO (WORK PERMIT) — PATENTE (DRIVER LICENSE) — PERMESSO DI SOGGIORNO (PERMIT OF STAY or RESIDENCE PERMIT) — PERMESSO DI SOGGIORNO CE PER SOGGIORNANTI DI…
Italy’s real estate assets are divided in categories, based upon the use for which the property can be used (“destinazione dell’immobile”). The main categories are: (i) Residenziale: properties destined for residential purposes; (ii) Industriale e artigianale: properties destined to the production of goods; (iii) Commerciale al dettaglio: properties for the sale of goods and shops; (iv) Turistico ricettiva: properties destined to hosting people, such as hotels, campings (Bed&Breafast are considered residential); (v) Direzionale di servizio: offices; (vi) Commerciale all’ingresso e depositi: warehouses.
The category of each property is indicated in the certificate (visura catastale) which can be requested also online…
It depends on the nationality, purpose of the visit, duration of the stay. Italy has an agreement with certain countries that permits the entry into Italy for up to 90 days any 180 day period without the need for a visa.
To check if you need a visa visit Il visto per l’Italia (esteri.it)
You can only work in Italy if you have obtained a work permit (Nulla Osta), a work visa and have applied for a residence permit (permesso di soggiorno), or if you have a residence permit allowing work (family permit, permit for subordinate employment or self-employment etc.)…