This package includes a € 100,000 flat tax on all foreign income for individuals who become Italian residents after at least a 9-year period of residence outside of Italy. We ensure our customers with flawless legal support. While Cyprus’ investment citizenship program has been suspended, its residency by investment program, or “Golden Visa”, remains intact. Citizenship & Passport Italian citizenship is based on Jus Sanguinis (literally “right of the blood”, birth right), whereby Italian citizenship is transmitted from parent to child; it is important to be aware that Italian women transmit the Italian citizenship only to children born on or after 1st January 1948 as per a specific Constitutional Court ruling. Ireland Investment Visa. Considering Italy is an EU member state and that the citizens of all EU countries can relocate here without too much hassle, the Citizenship by Investment Scheme was created for non-EU citizens interested in obtaining the same benefits as EU citizens. As a former US citizen, I grew up with the notion that it was possible to fly just about anywhere in the world without worrying about visas. Italy offers three routes to residence by investment: Lump-sum taxation on high earners, an investor visa that begins at €500,000, and tax-free retirement. In these European countries there is no requirement to reside and become tax resident, no minimum stay and clearly defined programme rules. - Italian Citizenship by investment Schedule a free consultation to discuss your options for being recognized as an Italian citizen. Can the Italy Investor Visa Lead to Italian Citizenship? We used Italian Citizenship Assistance for advice and guidance in obtaining my wife's Italian citizenship by marriage. Italian citizenship law allows multiple routes to acquiring citizenship in Italy, all of which require an element of physical presence to satisfy a residency test ranging from 3 to 10 years of residency in Italy.. Italian Citizenship for EU Nationals. The largest immigration service provider in Italy which assists more than 100 of the Fortune 500 companies. Both Italy and the United States allow Dual Citizenship. Then, the route to Italian citizenship will take the usual 10 years. invest at least € 2 million in securities issued by the Italian government, to be held for at least 2 years; invest at least € 1 million in equity instruments of a company incorporated and operating in Italy, to be held for at least 2 years; invest at least € 500.000 into an existing Italian innovative start-up company; make a philanthropic donation of at least € 1 million to support a public interest project, in the fields of immigration management, education, culture, recovery of cultural and landscape assets, scientific research. Business incentives for investment. In 2017 Italy introduced a new programme namely the “Investor Visa for Italy”. After ten years from the initial granting of the visa, investors may apply for citizenship by naturalization. Contact Us We will set up a time Other benefits that you will accrue by having your Italian Citizenship include: 2. The permit is valid for two years from the date of entering Italy. These are characterised by the provision of access to citizenship or residency in exchange for specified investments and via a clear delineated process. Foreigners will be able to acquire a residence permit in Italy provided they fulfill the following investment requirements: Invest at least €2 million in government bonds and hold them for at least two years. The key drivers for applicants typically include: Mobility – the flexibility to travel more freely, as and when you choose, without visa restrictions We accompany our customers in all process of obtaining a VISA. Contact our Citizenship Lawyers for assistance in procuring all the Italian and American certificates required to apply for Dual Italian Citizenship and an Italian Passport. Friday, January 1, 2021 Latest: The professionals at ICA are incredibly responsive and knowledgeable. The minimum requirement can be either: A selection of residency and citizenship programmes. Request a free quote The Italian Government has announced reduction in investment requirements for Golden visa program in Italy. Get your FREE consultation now! it has the only residence through investment program which provides for flat tax rates and 0% rate for those retiring here; Italy has more than 20 universities in the top 500 academic institutions of the world; for businesspersons, Italy offers access to a market of more than 500 million consumers. The male line can transfer citizenship without limit to the number of generations from the formation of a unified Italy, which was created on 17 March 1861, prior to this date Italian citizenship did not exist. Italian Citizenship. Contact us for details. Citizenship & Passport Bulgarian citizenship by investment is available for you through a secure investment of 512,000 euro into government bonds. From Legal support in Investment till all processes with Portuguese Authorities. 3.Transferring citizenship to all children under 18 years old. With your Italian citizenship right, you can transfer citizens to all your children under 18 years of age. Citizenship by Investment in 2020 , Canada is the best country for Immigration .Vancouver Investment Immigration . If you are considering Italy as your future home country, you are making the right decision considering that: Learn More. Italian passport. EU citizens are eligible after only four years of residence. Italian Citizenship Aprigliano is a leading International Law Firm in Italian citizenship and can provide Clients residing in Italy or abroad with assistance as regards all procedures to obtain the Italian passport. Hurricane Relief Fund Announced as part of the Citizenship by Investment Programme admin 3 years ago. From €360,000 Italian citizenship after ten years of living. Visa free travel to EU schengen, UK, Ireland, Switzerland, Singapore etc. Cyprus citizenship from €2 000 000 More. There is no formal citizenship by investment programme in Italy. As an Italian citizen, you would enjoy the right of movement (and work) … To qualify, your parents or parent must still hold their Italian citizenship. This flat tax is paid on an annual basis for a maximum of 15 years. €1,000,000 loan to an Italian limited company, €500,000 invested into an innovative start-up. Our rates are fair and quite affordable with an array of services handled by our team of professionals. Union citizenship by investment. the innovative startup must be a newly incorporated company (no older than 5 years) operating in a technological sector; the company must be a limited company which cannot be listed on the stock exchange; it must have its headquarters in Italy or any other EU/EEA country, but in the latter situation it must have a branch in Italy; the annual turnover of the company is below 5 million euros; it will not distribute profits, nor had it distributed in the past in the case of older companies. Looking to gain Italian residency by investment in 2021? If you receive an Investment Visa for Italy, you are free to travel to all other Schengen Zone countries without a visa, for up to 90 days within a 180-day period. European Residency We are a team of immigration consultants in Italy, who can help foreign clients obtain a Visa for this country. CITIZENSHIP AS A RESULT OF ITALIAN PARENTS/ANCESTORS (“ius sanguinis”) Article 1 of Law No. Visa Free Travel 165 countries, Minimum $100,000 Donation EU Schengen Zone Travel Citizenship by investment is a means to secure a second citizenship and passport in another country by investing in its economy. Golden Visas gives you access to expert advice and the most affordable EU residency solutions available to non-EEA citizens. Visa Free Travel 362 dated April 18, 1994). They made this complex and stressful procedure as easy as it could be. Citizenship Facilitated by an Investment: A Clear Message To All Syrian Businessmen How A Ukrainian Tycoon Holding A Grenada Passport Secures An Italian Private Island From 9 Different Owners Why 784 HNWIs in 3 Years Became Tax Resident In Italy Opting For The € 100k Substitute Tax Fee Maltese citizenship from €880 000 More. The Ireland Immigrant Investor Program was established in 2012 to allow wealthy individuals and families from outside the European Union to obtain residency in Ireland in exchange for making an approved investment in the Irish economy. To qualify with high chance of visa approval, we tell clients to invest atleast 50,000€ capital in a German business. As one of the longest-established programs of its kind, the Saint Kitts & Nevis Citizenship-by-Investment Program offers applicants a host of unique benefits. Pass citizenship to descendants and family. Become an Italian Citizen. How to Get Citizenship in Italy. Cyprus is currently the only European country which, by law, offers citizenship and passport in 6 months without having to reside in the country at any point in time. The Italian residency scheme is very different to the Golden Visa programmes of Portugal and Spain or Citizenship by Investment programmes of Malta and Cyprus. ... Italy Citizenship. 2 - Marriage . The idea of potentially giving up yo… Best Family Option invest at least 2 million euros by purchasing bonds approved and issued by the Italian government. Inclusion of dependent children under 30 and dependent parents or … Italian Citizenship by investment; LEARN More. The Italian residency scheme is very different to the Golden Visa programmes of Portugal and Spain or Citizenship by Investment programmes of Malta and Cyprus. The lure of Italy is undeniable. 1) The Italy Investor Visa is essentially a residency by investment program not dissimilar to those of Portugal, Spain and Malta. Buying property in Italy is easier. Over 100 countries in the world have some form of investment … The Decree Law no. Use citizenship by descent if your parents are Italian. The acquisition of the Italian citizenship is not prejudicial for the maintenance of the citizenship of the Country of origin, unless the laws in force in such country prohibit dual nationality. Yes, if you live in Italy for at least ten years, you become eligible to apply for Italian citizenship by naturalization. is a boutique law firm founded in 2007 specialized in Italian business immigration and citizenship law, corporate and commercial law. Some of the benefits of a Slovenian investment residency include: Exceptional quality of life in a highly central European location. 4. Citizenship-by-investment programs provide families with the privilege of acquiring an alternative citizenship, which in turn gives them the right to travel freely to various destinations and to settle in another country. Italy is set to commence a residency by investment program starting at the end of March 2017. Many people feel that the number of countries a passport allows you to visit defines the quality of that passport. For more details or to contact an advisor please complete your details. KEY BENEFITS FROM ITALIAN CITIZENSHIP United States of America – Iconic Culture and Influence … The possibility of buying and owning a property in Italy is one of the major benefits of Italian citizenship and even if this is possible through the residence by investment scheme for non-EU citizens, it implies the obligation of purchasing a property of a specific value, however, being an Italian citizen when starting the acquisition procedure will no longer imply such a requirement. Italian Citizenship Overview. Any income sourced in the “non-chosen countries” (if any) is excluded from the Res Non-Dom Regime (as well as the Italian sourced income) and, therefore, is subject to ordinary Italian taxation and will benefit from tax credit on taxes paid abroad (under ordinary limitations) and from relevant tax treaty protection (if any). Both natural persons and legal entities are permitted to acquire real estate in this country. On May 19, 2020, Italian government cut the minimum investment required for startups or companies by 50% to encourage foreign investors investing in the country due to Covid-19 pandemic. The cost of Italian dual citizenship is based on the package you choose and your specific circumstances to apply. If your parents became United States citizens before 1992, they automatically lost their Italian citizenship. Romanian citizenship from €160 000 More. Benefits of Bulgarian Citizenship Lifetime European citizenship for the whole family and next generations. they must be at least 18 years old at the time they start the application procedure; they must have clean criminal records and be in a good state of health which must be documented; they must invest at least half a million euros in a start-up company which activates in an innovative field or; invest at least one million euros in an Italian company which meets certain criteria imposed by the government or; invest at least one million euros in a project which has a positive effect on the Italian economy or; invest at least 2 million euros by purchasing bonds approved and issued by the Italian government. Austrian citizenship from €10 000 000 More. EU citizens are entitled to a fast track citizenship within 4 years of residency in Italy. The recently enabled investor visa/ golden visa for Italy allows foreign citizens to enter and live in Italy, based on several entry quotas which are updated on an annual basis by the government, to foreigners who wish to: Our company registration consultants in Italy can offer more information on the Investor Visa program/ golden visa for Italy. Visa Free Travel 160 Countries, From €350,000 Can the Italy Investor Visa Lead to Italian Citizenship? Italy Investment Immigration Programs Overview Italy provides a stable economic environment and EU member status. If you receive an Investment Visa for Italy, you are free to travel to all other Schengen Zone countries without a visa, for up to 90 days within a 180-day period. The individual can become Italian citizenship by descent if any of his or her parents were birthed before January 1, 1948. Successful applicants of Italy’s residence-by-investment program can apply for a permanent residence permit after five years of legal residence in Italy. Program Highlights: Fast processing within four months. In these European countries there is no requirement to reside and become tax resident, no minimum stay and clearly defined programme rules. At this point in time Italy does not have a golden visa programme for investors purchasing real estate. Italian Citizenship. The holder enters Italy within sand submits an application for an investor residence permit. Italian citizenship law allows citizenship in Italy to EU nationals who have lived in Italy for 4 years @ paid their taxes to Italy. Latvia residence by investment program was launched in 2010 in order to attract foreign investors. 1. being born into a family with Italian heritage. We make what looks like an expensive and difficult option, affordable and complex free. View how you can obtain a return on your investment while applying for your citizenship. . The Ireland Golden Visa scheme, also know as the Ireland Immigrant Investor Programme , was introduced by the Irish Government in 2012 to encourage inward investment for the creation of business and employment opportunities, while in turn offering residency to business professionals with a proven record of success.The programme gives great opportunity to invest in the country and get residency. If you are married to an Italian citizen, you are eligible for citizenship after being 2 years of marriage if you reside in Italy and 3 years if you live abroad. A person who is eligible for Italian citizenship by descent would gain eligibility in the vast majority of cases by having been born to a person of Italian descent who either was an Italian citizen or would have been eligible for citizenship themselves. Your Italian heritage: We’re called Italian Pride Citizenship because we understand the pride that comes with being of Italian descent. 91/92 lays down that a person acquires Italian citizenship when born of a father or a mother who are Italian citizens. A key difference, however, is that the Italian residence program requires an investment into a startup, business, or government bonds, rather than an investment in Italian real estate. The Italian citizenship is granted by birth through the paternal line (with no limit on the number of generations) or through the maternal line (for individuals born after January 1, 1948). La Vida Golden Visas facilitates the acquisition of residency, immigration and citizenship through investment. However it is possible to gain residency and then eventually apply for citizenship. Governmental investment programs. Getting Italian citizenship and your own Italian passport does involve a bit of bureaucracy, but the process is clearly set out and fairly easy to follow. From our very first encounter through our interview at the consulate ICA extremely helpful at each step. Maintain dual citizenship with other nations. Italian citizenship – Jure Sanguinis – (through Italian parents/ancestors) Is currently regulated by Law no. As seen above, the minimum amount of money under which citizenship by investment / golden visa for Italy can be obtained is half a million euros and the funds must be backed by evidence that they were obtained legally. It is possible to gain permanent residency in Italy but applicants need to demonstrate annual income of €100,000. Whilst it does not change the routes to Italian citizenship it has lengthened the process for some individuals wishing to obtain Italian citizenship. Compare investment programs. Said double citizenhsip has several advantages, such as the possibility of living in two different countries and enabling people to travel more freely around the world. This requirement is reduced to €35,000 if the applicant is making a large investment in property. https://nomadcapitalist.com/second-passport/ In this video, we're giving you the overview of all 12 citizenship by investment (CBI) programs for 2019. The holder enters Italy within sand submits an application for an investor residence permit. A dynamic business investment that opens doors into Europe Visa free travel to and within the EU. There are several ways under which foreign citizens can, The regulation is applicable for a period of, obtaining citizenship by investment in Italy, 7 Benefits of Obtaining Citizenship in Italy. Inspired by the BrExit referendum, the Scottish association Casa Scozia held a seminar on Italian citizenship for Brits and other English speakers in the Milan area. Investors, who are not EU citizens can apply for permanent settlement after five years of living and for Italian citizenship after ten years of living Our immigration agents can explain the benefits that can be obtained under the Italian Citizenship by Investment Scheme. Become An Italian Citizen! To be upfront and honest IDC charges a flat fee rather than an hourly fee. Dual Italian Citizenship can be claimed by most U.S. citizens of Italian descent. Italy Options for investment for citizenship are limited. at least 15% of the annual costs or turnover (whichever has the greater value) must be directed to research and development (R&D) activities; at least 1/3 of the employees must be Ph.D. students or Ph.D. researchers or at least 2/3 of the employees have a Master degree; the company has a registered patent or software which falls under the intellectual property requirements. Programmes start from a minimum $140,000 including costs. Request for Italian citizenship for foreigners by marriage: Requirements. The Quebec Investor Visa Gives the Canadian Permanent residency Visa to Business Owners and High Net Worth Entrepreneurs and passive Investors wanting to Immigrate to Canada by Investing but not as active entrepreneurs in Canada. No personal visit required. If you're looking for how to become an Italian citizen by blood then this is your path. With clients from more than 100 countries worldwide and over 18 program options, we understand your reasons and we have the best solution for your needs. Please tick above to confirm funds. the right to double or multiple citizenship. Yes, if you live in Italy for at least ten years, you become eligible to apply for Italian citizenship by naturalization. 34 was published in Government gazette for urgent health measures, job support and economic development, as well as social policies, related to the emergency measures from COVID-19.. The Italian government has recently implemented a tax package and fast-track VISA procedure to attract wealthy individuals that intend to relocate to Italy. This can be accomplished through different types of established investment options including real estate, government bonds, establishing a business, development funds, etc. Real Estate Option The investment must be maintained till the validity period of residence permit. Now you can honor that heritage by actually CLAIMING your Italian citizenship, which was passed on to you at birth. Alternatively, if a grandparent was Italian and worked in some form of public service, such as the military or government, you may be able to claim citizenship by descent. You can become an Italian citizen through descent if at least one of your parents was an Italian citizen when you were born. Italian citizenship is most frequently acquired through a family connection, jure sanguinis (blood right) i.e. Thousands of people around the world who qualify for Italian Citizenship are currently exploring the possibility to become dual citizens. Grab your FREE consultation today! 91, and came into force on 15 August 1992. Italian citizenship is currently regulated by a new Security Degree 113 initiated by Matteo Salvini, the interior minister of the League, on 4 October 2018. To obtain Italian citizenship through your bloodline, you’ll have to locate and obtain certified copies of the required official documents in your family member’s home town or city and complete the proper application process through your local Italian consulate or embassy to claim citizenship. There is no minimum investment. As perhaps the only person who covers the second citizenship scene to have actually been through three CBI processes personally (St. Lucia, Dominica – which I aborted, and Comoros), I’m uniquely qualified to speak on this subject. In our system, citizenship is regulated under law no 91 of 5th February 1992 and implementing regulations no … Under these new regulation, the minimum investment reduced by 50% for … Even if you don’t have a connection to Italy by blood, we have several programs that can be used to help you obtain Italian citizenship. Passport issued with 3-6 months. Dual citizenship also allows Italian-Americans to further explore their Italian heritage. Citizenship against US$200,000 Real Estate property investment. Economic citizenship is essentially the same thing as citizenship by investment. Just enter your name, email, & phone number below and one of our agents will contact you to set up the free phone consultation: How It Works Here is how we can help you get Italian Citizenship. In a situation, whereby a child whose parents are Italian citizens, and he or she is born in Italy is going to have Italian citizenship. Citizenship from 8 years, From $150,000 Donation Italian nationality law is the law of Italy governing the acquisition, transmission and loss of Italian citizenship. VISA PROGRAMS. Citizenship While still operational, the citizenship by investment program in Cyprus gave you several investment options… but at €2,150,000 (plus V.A.T), it comes at a heftier price than Malta’s. The origin and citizenship of the person is irrelevant. The tax package is integrated by a fast-track visa procedure for investors and their relatives. Citizenship when born of a Slovenian investment residency include: Exceptional quality of in. 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