Does Italy have a golden visa program? How has it changed in 2021?
Since early 2017, Italy has launched two investment immigration programmes for people outside of the European Union. The one we’ll look at here concerns what is commonly called the “Golden Visa” which is essentially a visa for people looking to invest in Italy. Other countries like Spain, Portugal and Malta offer a similar track. The big difference between Italy and those countries is that Italy’s program requires investing into a start-up company, an LLC or purchasing government bonds while the other countries listed also allow for real estate investment. At this time, Italy does not allow visas for pure real estate investment.
Cover letter for Visas: what to write and what to include
Perhaps you’re wondering how to write a cover letter for your visa application form?
What’s the point?
The cover letter for a Schengen Visa application is an important document to provide before your trip that introduces yourself and your purpose of travel. It states every important thing you want to tell the consulate. It should mention and explain every document that you’re submitting.
Italy’s Elective Residence Visa: what you need to know about it
The elective residence visa is one of the best types of visa to live in Italy, but it is sometimes referred to as a “rich person” visa because of the resources that are required in order to obtain one. It will be necessary to prove that you have enough passive income to sustain your life in Italy, that is, you will have to demonstrate that you can live in Italy without working, that you earn money from various financial resources, rentals and pensions. Other types of income are not considered passive.
After moving back to Italy from the United States in 2013, I realized how much an accounting and tax firm was needed to help expats living in Italy to comply with the local tax regulations.