Italy Halves Minimum Investment of
“La Dolce Visa” to 250,000€
or Property Investment
Advantages
• A European Union (EU) member country
• Spouse, and any dependent children up to 18 years old can be included
• Italian residents can travel freely throughout all 26 Schengen countries in Europe
• 1 year residency visa with simple renewal procedure or ‘Optionally’ a 5 year Tourist Visa with up to 90 days
continuous stay
• Can apply for permanent residence after 5 years residence • Can apply for citizenship after 10 years
residence
Requirements
• Must purchase a qualifying property in Italy
• Must provide evidence of relationship of dependents to the applicant Proof of having sufficient funds for the
applicant and any dependents to live in Italy •
• Many not be employed in Itally
• Must have a confirmed flight reservation
• No criminal record
• Must be in good health
• Must have acceptable Medical Insurance with minimum €30,000 coverage for 100% of all medical expenses
Investment Options
• An investment of at least €300,000 in a single property to be used as a residential
home in Italy
• The investment must be maintained until permanent residence is granted but may
be sold after gaining permanent residence status
• The investment must be made within six months from entry into Italy
Process
• Submission of application and supporting documents plus evidence of intended
investment
•Upon approval, six-month visa is issued with 90 days maximum stay
•The applicant must report to the local Police Authorities within 8 days of arrival to
obtain a Permit of Stay (Permisso di Soggiorno)
•Investment must be made within the six-month Visa validity period before the
Elective Residence Permit will be issued (or alternatively a 5 year tourist visa)
• The Elective Residence Permit may be renewed each year at the Police Headquarters of the relevant territorial jurisdiction where the investment property is purchased
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