Residence-by-Investment Overview. You’ll receive a … 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. Technically, anyone who fulfills the entry requirements into Italy can apply for Italian residency. Don’t put this off after you arrive. Italy Elective Residence Visa and Summary of the Immigration Process . The elective residency visa permits a long-term stay for foreigners who intend to take residence in Italy. 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). 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. Thank you for your interest! 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. Qualified candidates must meet various requirements, including proof of financial independence that does not rely on gainful employment within Italy. 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. You can be also interested on: "Italian Citizenship by Descent: AVOID THIS HUGE MISTAKES!" Your Name (required), Your Passport - Issuing Country (required), Your Spouse's Passport - Issuing Country (required), What is your passive income per month (in euro?) The elective residence visa is intended for foreigners who wants to live in Italy without an employment contract. 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. By clicking “Accept”, you consent to the use of ALL the cookies. (required), I consent to having my personal data processed, and to receive correspondence regarding my query - YES/NO? 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. You need the long-stay visa because the Italian residence permit can only be applied for when you are already in Italy. The Elective Residence visa is not intended for extended tourism/vacation. 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 must postpone your departure, you can do so, as far as you enter Italy before the … 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. In order to do it, you should take an appointment and be present in person. The documents in English aren’t required to be translated. [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. The visa is only for non-EU nationals. The elective residency visa is NOT for extended tourism. Once the Elective Residence Visa has been obtained, the holder must apply for an Italian Residence Permit or “Declaration of Stay (“. I went to the Italian Consulate and asked for a resident visa. This website uses cookies to improve your experience while you navigate through the website. The application must be submitted to the competent Italian diplomatic authority in your Country of residence. These cookies do not store any personal information. Elective Residence Visa; Italy Retirement Visas; Contact Us; Contact Elective Residence Italy Today. 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. Italy Elective Residence visa application process.   (+39) 02 36 63 86 10 A third-country national who has a ... Continue reading . What is the Elective Residency 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 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. [email protected], LEXIA Avvocati   Via dell’Annunciata, 23/4 English: Want to enjoy your retirement life in Italy? Necessary cookies are absolutely essential for the website to function properly. The application process for an Italy Elective Residence visa is as follows: 1. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The Elective Residency Visa allows to a third-country national who is able to maintain itself autonomously, to stay in Italy without work. Contact us now to get started. The Elective Residence Visa is generally issued for a period of either one or two years, after which it can be renewed. Trust the Italian experts with your residency application. This kind of visa can be issued also for family members such as cohabiting spouse, minor children and adult dependent children. These funds cannot come from active work while you are in … Please leave this field empty. 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. 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. 20121 Milano Reason of application and length. 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. The following step-by-step process will guide you through your visa application. 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. Fill out the form and our team will be in touch with you promptly. (required). Elective residence visa. The residence permit is valid for one year. 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 online reservation service is free of charge. Visa Duration: the visa will show an issue date, a starting date and an expiration date. 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. 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. The Elective residence Visa Italy can be applied for by any person who may wish to travel to Italy and has financial means. Will be fully supported by the primary applicant while in Italy. The expiration date of an Italian Elective Residence Visa in general is after 365 days from the starting date. 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. 2. Once you’ve made it through the Italian Elective Residency Visa process, your next step is applying for your permesso di soggiorno in Italy. Yes, you can. Bear this essential point in mind. 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. In any of these cases, the resources must not be less of € 31.159,29 per year. This type of visa is generally used by foreigners who are retired and can collect income from a retirement or pension plan. Obtain Italian Elective Residency from only €6,995 – no investment required. Trust the Italian residency experts with your visa application. 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. However, the abovementioned financial resources must be considered sufficient also for them. 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. Home / Posts Tagged ' elective residence visa ' Elective residency Visa. EC residence permit for long term residents). ElectiveResidenceVisaAdmin 2020-09-05T08:05:36+00:00. 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. After this appointment, the police headquarters will contact you for the withdraw of your electronic permit card. 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. This category only includes cookies that ensures basic functionalities and security features of the website. (+39) 02 890 964 88 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. 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. In order to keep your Elective Residence Visa renewable, however, you cannot leave Italy for an uninterrupted period of longer than six months. Who can apply for it? 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. This increase must be of at least 5% for each applicant child. You also have the option to opt-out of these cookies. 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. We also use third-party cookies that help us analyze and understand how you use this website. 20121 Milano, (+39) 02 36 63 86 10 To apply for all categories of visa «D» all documents must be translated into Italian. The permanent residence permit has no expiry date, it must not be renewed but only updated. You can apply for the permanent resident permit if you are a third-country national who: Italian qualified lawyers and accountants 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. In accordance with the provisions outlined in the current legislation (MAE Decree n. 850 dated 2011, Art. Via dell'Annunciata 23/4 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 Elective Residency Visa allows to a third-country national who is able to maintain itself autonomously, to stay in Italy without work. 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. 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. In particular, in case of application also for cohabiting spouse the monthly amount to be demonstrated must be increased of at least 20%. The Italian elective residency visa is a type of Italian long-stay visa. 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. I was a resident in Italy for 9 years and married an italian in Italy in 1996. 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 … Please consider that, in order to do so the same above-mentioned conditions have to be met. 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. These cookies will be stored in your browser only with your consent. Me and my husband moved to the US 15 years. 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. Even though i have applied for Italian Citizenship through marriage in 2018, i would like to return and work in Italy again. Who can apply for it? Tag: elective residence visa. 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. So you don’t need to apply for an Italy Elective Residence visa. 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