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Citizenship & Co.
Positano on the Amalfi Coast, Italy

Residency by Investment

Italy Golden Visa

EU residence with approval before you invest: Italy's investor visa — the Italian golden visa — starts at €250,000 with no stay requirement.

Time to residency

3–6 months

Minimum investment

€250,000+

Program Overview

About the Italy program

In brief

The Italy program is a residency-by-investment program that grants the right to live in Italy. The minimum qualifying investment is €250,000+, and approvals typically take 3–6 months. It requires no residence or relocation. Figures are indicative minimums for the main applicant.

Italy's investor visa is unusual in that approval comes first: the Nulla Osta is granted before any funds are committed, removing execution risk from the decision.

Routes range from a €250,000 innovative-startup investment to government bonds, and new residents may access Italy's favourable flat-tax regime.

Presence requirement

No minimum stay to keep the permit

Document validity

2-year permit, renewable in 3-year increments

Dual nationality

Italy permits dual citizenship if you later naturalise

How it compares

Italy against other residency programs

Where Italy sits among the 8 residency by investment programs we advise on. The gold marker is the peer average.

Minimum investment (lower is better)€250,000
Peer average $428kBelow the peer average
Time to approval (lower is better)3–6 months
Peer average ≈ 14 monthsBelow the peer average

Investment is compared on a USD-normalized basis; the label shows this program's own currency. Time uses the upper end of the published range. Figures are indicative.

Key Benefits

  • Approval before investment — commit funds only after the Nulla Osta is granted
  • Residence in the EU's third-largest economy, with Schengen mobility
  • No minimum stay requirement to maintain the permit
  • Access to Italy's flat-tax regime for new residents

The Life It Unlocks

Approval first. Capital later. Italy always.

Yes before you invest

The Nulla Osta arrives before a euro moves — Italy is the rare program where certainty precedes commitment.

The base everyone envies

Residence in Italy needs no selling: schools, food, culture, and a Schengen passport stamp that starts at home.

A tax regime worth reading

New residents may access Italy's flat-tax option — for globally earning families, sometimes the quiet headline of the whole program.

Investment Pathways

Innovative Startup Investment

From €250,000

Investment in an Italian innovative startup.

Held for the duration of the permit

Italian Company Shares

From €500,000

Investment in an established Italian limited company.

Held for the duration of the permit

Government Bonds

From €2,000,000

Purchase of Italian government bonds.

Held for the duration of the permit

Philanthropic Donation

From €1,000,000

A donation to an Italian public-interest project in culture, education, research, or heritage.

Explore your route

From (indicative)

$273,000

Capital treatment

Held for the duration of the permit

Investment in an Italian innovative startup.

Who comes with you

  • Spouse of the main applicant
  • Dependent children
  • Dependent parents

Family additions are quoted individually — request your exact figure

Application Timeline

Your dates

Complete files are typically processed in 3–6 months.

Indicative — based on typical processing of 3–6 months for complete files. Government timelines are not guaranteed.

  1. 1

    Months 1–2

    Nulla Osta pre-approval

    Online application to the Investor Visa Committee; approval before any funds are committed.

  2. 2

    Months 2–3

    Investor visa

    Two-year investor visa issued by the Italian consulate.

  3. 3

    Months 3–5

    Entry & investment

    Entry to Italy and completion of the investment within three months.

  4. 4

    Months 5–6

    Residence permit

    Two-year residence permit issued, renewable while the investment is maintained.

Requirements

  • Qualifying investment completed within three months of entry
  • Clean criminal record
  • Proof of the legal source of investment funds
  • Valid health insurance covering Italy

Family Eligibility

  • Spouse of the main applicant
  • Dependent children
  • Dependent parents

What to Weigh

Honest advice includes the trade-offs. Before committing to the Italy program, consider:

  • The €250,000 startup route carries genuine venture risk — invest in the business case, not just the visa.
  • Italy taxes worldwide income for genuine residents; the flat-tax regime for new residents needs advance planning.
  • Citizenship by naturalisation requires ten years of genuine residence.

Does Italy fit you?

Three questions, scored by the same engine as our Program Finder — with an honest answer, even when it isn't this program.

What are you ultimately looking for?
What investment level are you comfortable with?
How soon do you want this in hand?

Frequently Asked Questions

What makes Italy's process lower-risk than others?

Approval comes first: the Nulla Osta certificate is issued before you commit any funds. You invest only after Italy has said yes.

What is the flat-tax regime?

New tax residents can opt to pay a fixed annual substitute tax on foreign income for up to fifteen years. It suits high-income families genuinely relocating; we coordinate with Italian tax counsel.

Which investment route is most popular?

The €500,000 company route for families prioritising stability, and the €250,000 startup route for cost-conscious applicants comfortable with venture risk.

Alternatives

Related Programs

Families often weigh this program against these alternatives.

Panoramic view of Valletta harbour at dusk, MaltaResidency

Malta

Permanent residence in an EU member state through Malta's Permanent Residence Programme, with no physical stay requirement.

Min. investment
€375,000+
Time to approval
6–8 months
You receive
Residence permit
Street scene in central Lisbon, PortugalResidency

Portugal

Europe's best-known golden visa: EU residency with a minimal stay requirement and a potential path to citizenship after seven to ten years of legal residence.

Min. investment
€500,000+
Time to approval
10–14 months
You receive
Residence permit
Whitewashed architecture overlooking the Aegean SeaResidency

Greece

One of Europe's most affordable golden visas: Greek residency through real estate, with no stay requirement to renew.

Min. investment
€250,000+
Time to approval
3–6 months
You receive
Residence permit

Begin Your Journey

Request a private assessment to see whether the Italy program is the right fit.

Italy · 3–6 months