Italian citizenship cannot be obtained by investment but the country has a residence permit program.
How much do I need to invest in Italy to get citizenship?
invest at least one million euros in an Italian company which meets certain criteria imposed by the government or; invest at least one million euros in a project which has a positive effect on the Italian economy or; invest at least 2 million euros by purchasing bonds approved and issued by the Italian government.
How much money do you need for Italian residency?
Italy Elective Residency Visa requirements
The requirements for an Italy Elective Residence Visa are: Proof of sufficient financial resources to support yourself without working. You must have a minimum of € 31,000 per year, if you are applying alone, and € 38,000 if you are applying as a married couple.
What is the fastest way to get Italian citizenship?
Jure Sanguinis, also known as citizenship by descent (by blood), is one of the fastest and easiest ways to obtain Italian citizenship. There is no limit to the number of descendants who can claim Italian heritage under their paternal or maternal line. Furthermore, Italy does not have a generational limit when applying.
Does Italy have a golden passport?
The golden visa is technically an Investor Visa. It is a 2-year visa given to non-EU citizens who choose to make large investments in Italy. Doing so will grant them the right to stay in Italy as long-term residents and eventually, if they choose, as citizens.
How can I get EU citizenship through investment?
After 10 years of residency, it is possible to apply for citizenship. Alternatively, it is possible to get citizenship by investment directly. To do so, a foreign national must either invest €10 million in a business or make a minimum €3 million contribution to a government development fund.
Can I live in Italy if I buy property?
In conclusion, if you are a non-EU citizen and you purchase a property in Italy, you can stay in Italy for a limited period of time unless you hold a special visa that allows you to apply for a temporary residency permit and thus stay in the country for a longer period of time.
How can I invest in Italy?
The easiest way to invest in the Italian stock market is to invest in a broad market index. This can be done at low cost by using ETFs. On the Italian stock market you’ll find 1 index which is tracked by ETFs. Besides ETFs on Italy, there are no regional ETFs available with significant weight of Italian stocks.
Does Italy allow dual citizenship?
Yes. Italy passed a law in 1992 allowing those of Italian descent to lawfully obtain dual citizenship. Italy requires you to prove your Italian ancestry and apply for citizenship through your local Italian consulate. Italy does not require you to renounce your current citizenship(s) when claiming dual citizenship.
How hard is it to get Italian citizenship?
After five years of permanent residency, you can apply for Italian citizenship. To maintain the residence permit, you need to live in the country for at least 183 days a year. Citizenship will be approved if the applicant has spent a total of no more than 10 months abroad in the last five years before applying.
Will Italy pay you to move there?
It’s wild to think of a place offering that kind of money, but this scheme resembles other deep-pocketed programs in Italy, like the village of Santo Stefano di Sessanio, which offered people up to $52,500 in grants to move there and work. …
Can you get Italian citizenship through great great grandparents?
Applying for Italian Citizenship through Great Grandparents
You can apply for Italian citizenship through great grandparents if this relation was born in Italy and had Italian citizenship or the right to claim Italian citizenship when your respective grandparent was born.