Obtain Italian Elective Residency from only €6,995 – no investment required. English: Want to enjoy your retirement life in Italy? The Italian Elective Residence Visa is for foreigners – retired persons, persons with high self-sustaining incomes and financial assets - who have chosen Italy as the country of permanent residence and who are able to support themselves autonomously, without having to rely on employment while in Italy, whether as dependent employees, as self-employed employees or employees working remotely online. Once you’ve lived in Italy on a temporary residence permit for an uninterrupted period of 5 years, you can become eligible to apply for Italian permanent residence. The Italy Residence-by-Investment Program is designed for foreign investors who are committed to making a significant contribution to the country’s economy, granting them Italian residence and visa-free access to Europe’s Schengen Area. The application process for an Italy Elective Residence visa is as follows: 1. What is the Elective Residency Visa? The permanent residence permit has no expiry date, it must not be renewed but only updated. Italy Elective Residence Visa Program Benefits NO CAPITAL INVESTMENT: While the Elective Residence Program requires you to have a domicile in Italy, you have the option of renting a suitable property, paid up-front for 12 months, or buying a home – with no minimum purchase value required. Italy Elective Residence visa application process. The following step-by-step process will guide you through your visa application. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Thank you for your interest! It assigns the third-country nationals the right to enter Italy without a visa, and it is not related to any investment or donation made in the past. Sometimes, proof property ownership in Italy may also be requested. The Elective Residence Visa is generally issued for a period of either one or two years, after which it can be renewed. You might be interested in our new article: Residence permit card fees are reintroduced in Italy The elective residence visa only applies to individuals who possess a prolific amount of money and savings in their country of origin. (required), What is the source of your passive (non-salaried) income? The application must be submitted to the competent Italian diplomatic authority in your Country of residence. 13 attachment A), it is possible to issue national visas for elective residence to those intending to settle in Italy and who are able to support themselves autonomously. The residence permit issued after obtaining the visa for elective residence does not allow you to work in Italy, but it can be converted into a residence permit for other reasons directly in Italy, if the conditions are met. In particular, in case of application also for cohabiting spouse the monthly amount to be demonstrated must be increased of at least 20%. PROCESSING TIME: The Elective Residency Visa is one of the most regulated visa types in Italy, and immigration authorities may take up to 2 months or more to review your application once submitted. The residence permit is valid for one year. In any of these cases, the resources must not be less of € 31.159,29 per year. Once you’ve lived in Italy on a temporary residence permit for an uninterrupted period of 5 years, you can become eligible to apply for Italian permanent residence. Qualified candidates must meet various requirements, including proof of financial independence that does not rely on gainful employment within Italy. A third-country national who has a regular personal income that derives from retirement or annuity, real estate properties, the ownership of stable commercial economic activities or other economic resources different from the employment. Via dell'Annunciata 23/4 Reason of application and length. After this appointment, the police headquarters will contact you for the withdraw of your electronic permit card. This category only includes cookies that ensures basic functionalities and security features of the website. Who can apply for it? If you are in the United States and wish to travel to Italy, you may require a visa, issued by the Consular office of the Italian Embassy in Washington DC or another Italian Consular Office in the U.S. This increase must be of at least 5% for each applicant child. Elective Residency Visa for Italy If you are visiting Italy for a longer period, and can afford to live there without working, you may want to apply for a Visto per Residenza Elettiva o Dimora, or Elective Residence Visa. (required). The Elective Residence visa is not intended for extended tourism/vacation. The elective residence visa is intended for foreigners who wants to live in Italy without an employment contract. The Italian Elective Residence Visa Program The Elective Residency Program offers affluent foreign retirees the ability to obtain Italian residency without the need to make a significant capital investment – but with relatively less flexibility pertaining to minimum in-country stays than more conventional Golden Visa Programs (in order to maintain the ability to renew the Elective Residency Visa, the visa holder … By clicking “Accept”, you consent to the use of ALL the cookies. The Elective Residence Visa Italy (residenza elettiva in italian language) allows entry into Italy for an open long-term visit to foreigners who intend to relocate to Italy and who are able to do so by financially supporting themselves autonomously, without the need for employment. If you are a non-EU national, you need to apply for an Italy long-stay visa in your home country which allows you entry to Italy. The documents in English aren’t required to be translated. If you must postpone your departure, you can do so, as far as you enter Italy before the … Please leave this field empty. Parents of the primary applicant can also be eligible for the Elective Residence Visa on the basis of family reunification, provided that they: Are financially dependent on the primary applicant. The Italian elective residency visa is a type of Italian long-stay visa. the completed postal-kit with the payment of tax issuance; are legally staying in Italy for at least 5 years; are holder of a valid temporary residence permit; have an annual income from legitimate sources equal, at least, to the amount established yearly by governmental authorities (€ 5.889,00 for 2018). You must request the release of the corresponding electronic residence permit within 8 days from your entrance in Italy with your yearly multiple entrance Visa for Elective Residence, presenting yourself in person to the competent post-office. The Italian elective residency visa is one of the “cheapest” immigration visas for Italy because of the amount of money necessary as proof of living. It applies to foreigners who intend to relocate to Italy and who are able to do so by financially supporting themselves autonomously, without the need for employment. Don’t put this off after you arrive. To apply for all categories of visa «D» all documents must be translated into Italian. Elective Residence Visa Italy: A Complete View 2 Comments / Articoli / By mbersanilaw In accordance with the provisions outlined in the current legislation (MAE Decree n. 850 dated 2011, Art. The Elective Residence Visa Italy (residenza elettiva in italian language)allows entry into Italy for an open long-term visit to foreigners who intend to relocate to Italy and who are able to do so by financially supporting themselves autonomously, without the need for employment. The Elective Residency Visa allows to a third-country national who is able to maintain itself autonomously, to stay in Italy without work. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Technically, anyone who fulfills the entry requirements into Italy can apply for Italian residency. The Italian Elective Residence Visa is for foreigners – retired persons, persons with high self-sustaining incomes and financial assets - who have chosen Italy as the country of permanent residence and who are able to support themselves autonomously, without having to rely on employment while in Italy, whether as dependent employees, as self-employed employees or employees working remotely online. Elective Residence Visa can make your dreams come true! This kind of visa can be issued also for family members such as cohabiting spouse, minor children and adult dependent children. The other costs related to obtaining such a visa are: the health insurance which must cover at least 30,000 euros in medical expenses per year; The competent desk will issue a receipt with the data of the first appointment to the competent police Headquarters, for your personal appearance and the fingerprints. I went to the Italian Consulate and asked for a resident visa. The elective residency visa is specifically for persons (especially those who are retired and/or of Italian origin) who wish to reside permanently in Italy and who can demonstrate a stable and ample pension income and high financial resources. The renewal process is the same as for the initial application process, and your Italian residency permit has to be renewed at least 90 days before it expires. These cookies will be stored in your browser only with your consent. It is mandatory to procure user consent prior to running these cookies on your website. Elective Residence Visa Italy Application: What You have to Know. Valid travel document expiring at least three months longer than the required visa; Certification stating broad, autonomous, stable and regular economic resources, whose continuity over time can be reasonably assumed, coming from sources other than subordinate work. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. You also have the option to opt-out of these cookies. Elective Residence Visa Italy 2020 | Ultimate Guide. These funds cannot come from active work while you are in … Bear this essential point in mind. Translations must be implemented by the translators accredited by the Consulate General Of Italy in Moscow and legalized by the Consulate General itself otherwise must be notarized and apostilled. Necessary cookies are absolutely essential for the website to function properly. The visa start date will likely be the same or close to your departure date, if you filed a travel ticket along with your visa application. Elective Residence Visa; Italy Retirement Visas; Contact Us; Contact Elective Residence Italy Today. Trust the Italian residency experts with your visa application. Decree MAE 850 of 2011, Attachment A, Article 13, Italian Special Tax Regime For New Resident Workers, How to retire in Italy in 2021: Ultimate Expat Guide, Contact a leading Immigration Lawyer in Italy. The expiration date of an Italian Elective Residence Visa in general is after 365 days from the starting date. It is the type of Italian visa you must apply for if you want to permanently relocate to Italy and have sufficient funds to provide for yourself. [email protected], Visa for secondment with service agreement, Other categories of extra-quota work permits, Self-employment visa as director or sherholder of an Italian company, Self-employment Visa as freelance or as unregulated professions worker, Tax benefits for impatriates and foreign workers, Refusal to issue the residency permit in Italy, Refusal of granting an italian citizenship recognition for marriage, Refusal of granting an italian citizenship recognition, Jurisdictional protection in relation to the recognition of the status (italian citizenship for birth, marriage, apolidia), Recognition of the Italian citizenship iure sanguinis, Conversion of the study permit extra quota, Italian residence card as family member of an EU citizen, Self-employment Visa as a director in an italian company. Have no other adult children capable of supporting them in their country of origin and current residence. The Italian Elective Residence Visa allows financially self-sufficient foreign nationals to gain settlement rights in Italy without the need to make a significant capital investment (unless they wish to).In order to be eligible for Italian Elective Residence, applicants cannot merely be wealthy. In order to do it, you should take an appointment and be present in person. However, the abovementioned financial resources must be considered sufficient also for them. The Elective Residence Visa Italy Application in one of the more trending immigration argument: Among all the available Italian long-stay visas, there is a lesser-known type for foreign nationals who want to live in Italy and have the financial means to support themselves without working. ELECTIVE RESIDENCE FOR FOREIGN NATIONALS NOT BELONGING TO THE EUROPEAN UNION. (+39) 02 890 964 88 The Elective Residency Visa allows to a third-country national who is able to maintain itself autonomously, to stay in Italy without work. The Elective residence Visa Italy can be applied for by any person who may wish to travel to Italy and has financial means. EC residence permit for long term residents). Who can apply for it? Once you’ve made it through the Italian Elective Residency Visa process, your next step is applying for your permesso di soggiorno in Italy. The elective residency visa permits a long-term stay for foreigners who intend to take residence in Italy. The elective residency visa is NOT for extended tourism. 20121 Milano You need the long-stay visa because the Italian residence permit can only be applied for when you are already in Italy. Contact us now to get started. So you don’t need to apply for an Italy Elective Residence visa. Home / Posts Tagged ' elective residence visa ' Elective residency Visa.   (+39) 02 36 63 86 10 The visa is only for non-EU nationals. Italy Elective Residence Visa and Summary of the Immigration Process . Health insurance with a minimum coverage of € 30.000,00 for emergency hospitalization expenses and repatriation costs, valid throughout the Schengen area; Availability of an accommodation to be elected for residence, such as property or rented with a contract already signed. Even though i have applied for Italian Citizenship through marriage in 2018, i would like to return and work in Italy again. You can be also interested on: "Italian Citizenship by Descent: AVOID THIS HUGE MISTAKES!" With regards to the Elective Residence visa, this type of visa is intended for those who are looking to permanently relocate to Italy and have sufficient funds (not deriving from work activities, but deriving from pensions or investments) to support themselves. In order to keep your Elective Residence Visa renewable, however, you cannot leave Italy for an uninterrupted period of longer than … This website uses cookies to improve your experience while you navigate through the website. Yes, you can. But opting out of some of these cookies may have an effect on your browsing experience. Once the Elective Residence Visa has been obtained, the holder must apply for an Italian Residence Permit or “Declaration of Stay (“. In order to demonstrate these stable resources, you can produce: proof of receiving annuities in Italy or in the Country of origin; proof of purchase of real estate or preliminary sale contract; proof of ownership of real estate in the Country of origin; proof of receiving annuities in the Country of origin; proof of the conclusion of a real estate affair that states the actual possibility of earning income. (required), I consent to having my personal data processed, and to receive correspondence regarding my query - YES/NO? [email protected], LEXIA Avvocati   Via dell’Annunciata, 23/4 You’ll receive a … Tag: elective residence visa. The entire process can take up to 8 months, so it is vital that you start your application in a timely manner ahead of your intended travel dates. The Elective Residency Visa allows to a third-country national who is able to maintain itself autonomously, to stay in Italy without work. This type of visa is generally used by foreigners who are retired and can collect income from a retirement or pension plan. Make your application at the post office (same place you’ll get your application “kit”, unless you work through a free service provided by some unions), and that’s where your appointment with the questura will be made. A visa for Elective Residence is valid for 1 year after which the visa can be renewed at the relevant police headquarters provided that the original requirements are still valid. These cookies do not store any personal information. Italian Residency Permits issued under the Elective Residency Visa Program are typically valid for 12 months (1 year) and are renewable. 13 attachment A), it is possible to issue for Elective residence Visa Italy to those intending to settle in Italy and who are able to support themselves autonomously. In accordance with the provisions outlined in the current legislation (MAE Decree n. 850 dated 2011, Art. You can apply for the permanent resident permit if you are a third-country national who: Italian qualified lawyers and accountants Your Name (required), Your Passport - Issuing Country (required), Your Spouse's Passport - Issuing Country (required), What is your passive income per month (in euro?) Visa Duration: the visa will show an issue date, a starting date and an expiration date. In order to keep your Elective Residence Visa renewable, however, you cannot leave Italy for an uninterrupted period of longer than six months. The Elective Residence Visa Italy (Residenza elettiva in the Italian language) is a 1-year Italian Visa that allows You to enter Italy for a long-term visit. Are you from the EU, EEA, or Schengen Area? I was a resident in Italy for 9 years and married an italian in Italy in 1996. 2. The Elective Residence Visa is generally issued for a period of either one or two years, after which it can be renewed. Do you need a visa? Italy Elective Residence Visa Nov 22, 2018 The elective residence (residenza elettiva) route allows entry into Italy to foreigners who intend to relocate to Italy permanently and who are able to do so by financially supporting themselves autonomously, without the need for employment. A third-country national who has a regular personal income that derives from retirement or annuity, real estate properties, the ownership of stable commercial economic activities or other economic resources different from the employment. We also use third-party cookies that help us analyze and understand how you use this website. You can apply for your EC long-term residence permit after 5 years of continuous residence in Italy, without considering your long term stay permit and its conversion, if any. Please consider that, in order to do so the same above-mentioned conditions have to be met. Will be fully supported by the primary applicant while in Italy. Me and my husband moved to the US 15 years. The listed documents must be submitted the day of the appointment, in order to apply for the Elective Residency Visa: Please consider that this kind of long-term visa is in any case remitted to the discretion of the different consular representations, in relation to the quantum of the attested resources and their presumable stay in the future. Residence-by-Investment Overview. A third-country national who has a ... Continue reading . Trust the Italian experts with your residency application. 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