How Italian Investor Visa Aligns With Your Entrepreneurial Goals [2022 Updates]
Choosing Italy as your business destination is a great decision if you plan to start a venture abroad. The country has lucrative markets for most commodities, easy regulations for global enterprises, and favorable tax structures.
Most importantly, it is one of the easiest to relocate as it offers multiple citizenship streams like descent, marriage, and naturalization. Even if you do not qualify for a second passport through one of these streams, you can still land in the country, obtain residency, and start a business with an Italian investor visa.
The good thing is that you start as a resident and become a citizen of Italy down the line. Although the road is long, the end leads you toward your objective.
Not surprisingly, the team of Investor Visa for Italy LLC recommends this immigration route for aspiring entrepreneurs. You need not worry about eligibility, and the route sets you up for a smooth journey. Let us explain how it aligns with your entrepreneurial goals.
Start with a minimal investment
Money is often the most critical concern for startup entrepreneurs, and it gets even more daunting when you plan to start overseas. You may struggle in more than one way as the additional expenses of moving abroad can cross your expectations.
Hefty funding for immigration can easily disrupt your shoestring budget, but the Italian investor visa is relatively easy on the money.
Although you have multiple investment options, you can get in with the minimum amount of €250,000 as funding for an innovative startup company in Italy. You may find the alternative far more affordable than you imagine because it does not require you to bring millions to the country.
A quick process with two steps
The ease of immigration is another factor that gets you close to your startup goals with the Italian investor visa. The process entails only two steps, and both take only a few months to complete. These include-
You need not worry about queuing up for years to embark on your dream venture. The best part is that you can complete the steps online (nulla osta) and at your local consulate (investor visa application).
The nulla osta process takes 30 days, while the second step may complete within a few months according to the consulate norms.
Bring the money at a later stage
As an entrepreneur, finances are likely always on top of your mind. It is easy to worry about investment funding because the cost is huge. But the good thing about the Italian investor visa is that your money is in a safe place throughout the process because it stays in your bank account.
You only need to provide a bank statement as proof of your funding capacity for the nulla osta process. The real money comes much later, only after you reach Italy and get your residence permit. You can deposit the funds within three months to complete the process and launch your business.
Open the path to family immigration
Your entrepreneurial goals must include your loved ones, specifically if you plan to relocate overseas. After all, you cannot expect to build a home and start life afresh without a family.
But moving with a family of three or four is surely a concern if you need to invest for each person on board. However, you can ditch the stress with the Italian investor visa. It covers the family immigration front as it permits you to bring your clan without further funding.
But you must prove your income to establish your capacity to support your family. Proof of income is enough to get your loved ones to Italy and ensure the same set of facilities for them as you.
Explore broader markets across the EU
The Italian investor visa does more than enable you to start a dream venture in Italy. You can embark on a far more extensive growth journey by exploring a broader market across the Schengen area.
Italian investor visa enables you to push growth across the EU region with the visa-free travel benefit that comes with residency. As an Italian resident, you inherently get the right to travel to the entire area without visa hassles.
Whether you want to research a specific market, meet a potential client, or attend a trade show, you can do it on the fly. Expansion becomes a breeze, and you can set up a global business in the real sense by starting your journey with an investor visa.
Stay as a citizen
Setting up a business abroad is not a short-term game, but a long-term commitment. You will not expect to leave the destination country after years of hard work, only because the immigration law does not permit you to stay.
Fortunately, it is not the case with the Italian investor visa. You can stay back as a citizen because a ten-year residence qualifies you for a second passport. The only criteria to fulfill is to retain your original funding throughout this period. Additionally, you will have to renew your residence permits from time to time.
For example, you get a two-year permit after landing in Italy. A subsequent renewal gets you a three-year residence permit. After spending five years in Italy, you automatically become a permanent resident. Another five years make you eligible for citizenship by naturalization.
The Italian investor visa makes a perfect match for your global entrepreneurial goals. Knowing these basics enables you to get the right start with legal immigration for business purposes. You can go the extra mile by collaborating with an investor visa expert who can guide you about the process from start to end.
They also keep track of your eligibility, documentation, and other formalities so that you do not need to stress about errors or omissions. It is a foolproof way to complete your journey and move a step ahead to achieve your goal.