The Independent Means Visa in Italy (also known as the Elective Residence Visa) offers residency to qualified individuals who can demonstrate a stable passive income from foreign sources.
Statistics
The Independent Means Visa program in Italy provides a pathway to residency for individuals with stable foreign-sourced passive income. This program is designed to attract retirees, digital nomads, and other individuals looking to establish residency in a European country with a high quality of life and rich cultural heritage.
Minimum Income Amount
€31,000 per year for individuals, €38,000 for couples
Visa-Free Travel Countries
177
Months to Visa
2-3 months
Overview
A pathway to residency for qualified individuals with passive income in Italy
Eligibility Requirements
Individuals with passive income from a foreign source
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
Initial 1-year residency, renewable for 2 years
Months to Visa
2-3 months
Physical Presence Requirement
No specific requirement, but must make Italy primary residence
Availability
Moderate
Family Allowance
Spouse and children
Overview
The program offers numerous advantages for individuals looking to establish their presence in Italy's vibrant and welcoming environment.
Submit application at the Italian consulate or embassy in your country of residence
Overview
To qualify for the Independent Means Visa, applicants must meet specific criteria demonstrating their stable passive income.
Overview
Completed visa application form
Recent passport-sized photographs
Valid Passport
Proof of passive income (bank statements, pension documents, etc.)
Proof of accommodation in Italy (rental agreement or property deed)
Health insurance policy
Police clearance certificates
Declaration of sufficient financial means
Proof of marital status (if applicable)
Letter explaining the purpose of stay in Italy
Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.
We'll help you gather and organize the documents you need for applying.
Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.
How long does it take to process an Independent Means Visa application?
The processing time is typically 2-3 months from the point of submission.
Can I include my family members in my Independent Means Visa application?
Yes, you can include your spouse and dependent children in your application, with additional income requirements.
What types of income qualify as passive income?
Passive income can include pensions, rental income, dividends, and other forms of regular income not derived from employment in Italy.
How often do I need to renew my residency permit?
The initial residency permit is valid for 1 year, then renewable for 2-year periods.
Can Independent Means Visa holders apply for Italian citizenship?
Yes, visa holders can apply for Italian citizenship after 10 years of legal residency, subject to meeting other requirements such as language proficiency.
Italy offers a high quality of life, rich cultural heritage, and welcoming environment for foreign residents.
Benefits:
Advantages:
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