Overview — Italy Investor Visa
Italy's Investor Visa is one of the more investor-friendly programmes in Europe, and not only because of its entry point. Its defining feature is sequencing: you receive approval in principle before you transfer a single euro, so your capital is never committed to a programme you have not yet been accepted into.
The visa leads to a two-year residence permit, renewable for a further three years, with no obligation to spend a minimum number of days in Italy. It grants the right to live, work and study across the country and to travel the Schengen Area, and — after ten years of legal residence — it can lead to Italian and therefore EU citizenship.
Four routes qualify, from €250,000 in an innovative Italian startup up to €2 million in government bonds. The programme has run without quotas since 2017 and accepts applications year-round, which makes timing straightforward.
Who qualifies
- Non-EU nationals aged 18 or over with a clean record
- Able to make one of the four qualifying investments or the donation
- Able to evidence that the funds are lawfully owned and available
- Holding valid health insurance for the stay in Italy
- Spouse and dependent family can be included through family reunification
Investment routes
Innovative Startup
EUR 250,000Invest €250,000 in an Italian company registered as an innovative startup. The lowest entry point, suited to investors comfortable with early-stage risk.
Lowest threshold into the programme
Italian Limited Company
EUR 500,000Invest €500,000 in the share capital of an established Italian limited company — a more conservative route into a trading business.
Government Bonds
EUR 2,000,000Purchase at least €2 million in Italian government bonds, held for the duration of the residence permit. The most capital-preserving option.
Philanthropic Donation
EUR 1,000,000Make a €1 million donation to a project of public interest in culture, education, immigration management, research or heritage.
Key benefits
- You transfer the funds only after your visa is approved — no upfront risk
- A two-year permit, renewable for three more, with no minimum-stay rule
- Schengen Area travel for you and your family
- The right to live, work and study anywhere in Italy
- A path to Italian — and therefore EU — citizenship after ten years
How we process your application
Route & Eligibility
We help you choose between the startup, company, bond or donation routes based on your risk appetite and goals, and confirm eligibility.
Nulla Osta Application
We apply to the Investor Visa Committee for the certificate of no impediment (nulla osta) — the approval that lets you proceed. No funds are committed yet.
Visa Issuance
With the nulla osta granted, you apply for the investor visa at the Italian consulate and enter Italy.
Make the Investment
Within three months of entry you complete the qualifying investment or donation and provide proof.
Residence Permit
You receive a two-year residence permit, renewable for three more years, with full rights to live, work and study in Italy.
Why apply with Avyanco
Frequently asked questions
Why is "invest after approval" a big deal?
How much time do I need to spend in Italy?
Does the visa cover my family?
Is the investment refundable?

Reviewed by
Jashvantkumar Prajapati
Founder & CEO, Avyanco — 21+ years in global mobility advisory

