If you have the entrepreneurial dream of going global, choosing the right destination is crucial. You need to pick a country with a viable market and supportive policies for foreign businesses. Checking the tax structure and immigration regulations is equally vital. Italy is a country that fits all requirements, apart from being a good one to live and work. Not surprisingly, thousands of Americans consider moving to Italy to secure international business opportunities. The investor visa is the best route for entrepreneurs, and here is a detailed guide by Bersani Law Firm to explain how it works. Let us share the insights to help you unlock business potential in the country with an investor visa.
Pick the apt investment alternative
When you apply for an investor visa, everything starts with investment in Italy. Essentially, you have to put money into an eligible venture to qualify. Thankfully, you have multiple alternatives to choose from according to your interest and ability. For example, business-minded people can invest in innovative startups (€250,000) or Italian companies (€500,000). You may even give money to philanthropic projects (€1 million) or buy government bonds (€2 million). Additionally, you must be over 18 years and have a clean record to be eligible for the process.
Get in with a quick process
If you want to set up a business in Italy, you will expect things to move fast. Immigration will be your first concern. You can apply for citizenship by descent, marriage, or naturalization if you qualify for either of these routes. But these processes have extended timelines, and you may even struggle with eligibility. An investor visa is your golden ticket as it takes only months to obtain it. You start by applying for a nulla osta (certificate of no objection), an online process that completes in 30 days. After getting the certificate, you can apply for your investor visa at your local consulate. The best part is that you will get it right away if your documents are in place.
Start your business right away
An investor visa opens the pathway to a residence permit in Italy as you can apply for it right after landing in the country. A residence permit enables you to live and work in Italy, travel visa-free around the EU, and bring your family along. You have the opportunity to set up and expand your business in the country. As a resident and local business owner, you have access to the favorable tax structure of Italy. Eventually, you can extend your two-year residence permit by another three years. After five years, you get permanent residence and another five years make you eligible for citizenship by naturalization.
You can go the extra mile to unlock business potential with an investor visa by seeking the advice of an Italian immigration expert. They have the best advice about ideal investment options, the visa process, and the transition to citizenship by naturalization. With a seasoned expert to handle these aspects, you can focus only on the growth of your business venture.