Like many continental European countries it is largely based on jus sanguinis.It also incorporates many elements that are seen as favourable to the Italian diaspora.The Italian Parliament's 1992 update of Italian nationality law is Law no. To our knowledge there are no clear guidelines on what level of investment is needed to gain such residency. Italian citizenship law allows citizenship in Italy to EU nationals who have lived in Italy for 4 years @ paid their taxes to Italy. Maltese citizenship from €880 000 More. 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. Inclusion of dependent children under 30 and dependent parents or … The professionals at ICA are incredibly responsive and knowledgeable. Other benefits that you will accrue by having your Italian Citizenship include: 2. 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. These are characterised by the provision of access to citizenship or residency in exchange for specified investments and via a clear delineated process. 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. For more details or to contact an advisor please complete your details. 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. Learn More. The investment must be maintained till the validity period of residence permit. 91/92 lays down that a person acquires Italian citizenship when born of a father or a mother who are Italian citizens. The permit is valid for two years from the date of entering Italy. Business incentives for investment. Become eligible to apply for Slovenian citizenship after maintaining your permanent residency for 5 years or more. This European Golden visa program offers EU residency and citizenship in exchange for investment … 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. Visa Free Travel 165 countries, Minimum $100,000 Donation Governmental investment programs. Italian citizenship – Jure Sanguinis – (through Italian parents/ancestors) Is currently regulated by Law no. How to Get Citizenship in Italy. Italian Citizenship. Visa free travel to EU schengen, UK, Ireland, Switzerland, Singapore etc. 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.. invest at least 2 million euros by purchasing bonds approved and issued by the Italian government. Find out more below: Since March 2017, the Italian government has launched two new investment immigration programmes for third country nationals: Citizenship against US$200,000 Real Estate property investment. Passport issued with 3-6 months. La Vida Golden Visas facilitates the acquisition of residency, immigration and citizenship through investment. The Italian government has recently implemented a tax package and fast-track VISA procedure to attract wealthy individuals that intend to relocate to Italy. 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. 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. You can double your investment to get your passport within 2 years. 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 tax package is integrated by a fast-track visa procedure for investors and their relatives. Italian Citizenship by investment; LEARN More. Please tick above to confirm funds. The investor residence permit is valid initially for two years which can then be prolonged to another three years. 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. Successful applicants of Italy’s residence-by-investment program can apply for a permanent residence permit after five years of legal residence in Italy. If you have dreamed of being recognized as an Italian citizen, or of becoming a Dual U.S. Italian citizen, we can help. 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. Yes, if you live in Italy for at least ten years, you become eligible to apply for Italian citizenship by naturalization. Citizenship & Passport Italy Options for investment for citizenship are limited. Citizenship from 8 years, From $150,000 Donation Many people feel that the number of countries a passport allows you to visit defines the quality of that passport. Over 100 countries in the world have some form of investment … Romanian citizenship from €160 000 More. 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. Contact us for details. EU Schengen Zone Travel Full Family Application, Belmont House, Belmont Road, Uxbridge, UB8 1HE. Get your FREE consultation now! 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 €1,000,000 loan to an Italian limited company, €500,000 invested into an innovative start-up. Compare 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. 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. Real Estate Option These days, with direct flights from everywhere from Kaunas to Kansas City flying into Reykjavik, Iceland doesn’t need the paltry 100,000 euros one website suggests you can invest to become a citizen. The holder enters Italy within sand submits an application for an investor residence permit. 1) The Italy Investor Visa is essentially a residency by investment program not dissimilar to those of Portugal, Spain and Malta. 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. View how you can obtain a return on your investment while applying for your citizenship. Thousands of people around the world who qualify for Italian Citizenship are currently exploring the possibility to become dual citizens. 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). A dynamic business investment that opens doors into Europe Visa free travel to and within the EU. No personal visit required. 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. CITIZENSHIP AS A RESULT OF ITALIAN PARENTS/ANCESTORS (“ius sanguinis”) Article 1 of Law No. Request for Italian citizenship for foreigners by marriage: Requirements. The minimum requirement can be either: A selection of residency and citizenship programmes. https://nomadcapitalist.com/second-passport/ In this video, we're giving you the overview of all 12 citizenship by investment (CBI) programs for 2019. You can become an Italian citizen through descent if at least one of your parents was an Italian citizen when you were born. With your Italian citizenship right, you can transfer citizens to all your children under 18 years of age. Your Italian heritage: We’re called Italian Pride Citizenship because we understand the pride that comes with being of Italian descent. 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. Under these new regulation, the minimum investment reduced by 50% for … 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. Business Investment. As mentioned above, the Italian government has recently introduced a specific discipline within its Immigration Law, the so-called “Investor Visa”. The Italian Government has announced reduction in investment requirements for Golden visa program in Italy. In 2017 Italy introduced a new programme namely the “Investor Visa for Italy”. In these European countries there is no requirement to reside and become tax resident, no minimum stay and clearly defined programme rules. Can the Italy Investor Visa Lead to Italian Citizenship? Use citizenship by descent if your parents are Italian. 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. So much so you’re pondering if you should apply for Italian citizenship – but you might not be so sure about the process. Programmes start from a minimum $140,000 including costs. The origin and citizenship of the person is irrelevant. From €360,000 Cyprus citizenship from €2 000 000 More. 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. 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. We are a team of immigration consultants in Italy, who can help foreign clients obtain a Visa for this country. 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. 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. We used Italian Citizenship Assistance for advice and guidance in obtaining my wife's Italian citizenship by marriage. Then, the route to Italian citizenship will take the usual 10 years. 362 dated April 18, 1994). Union citizenship by investment. Citizenship From Legal support in Investment till all processes with Portuguese Authorities. Austrian citizenship from €10 000 000 More. To be upfront and honest IDC charges a flat fee rather than an hourly fee. Italian passport. EU citizens are eligible after only four years of residence. Italian Citizenship Overview. Italian citizenship is most frequently acquired through a family connection, jure sanguinis (blood right) i.e. Ireland Investment Visa. Italy Investment Immigration Programs Overview Italy provides a stable economic environment and EU member status. is a boutique law firm founded in 2007 specialized in Italian business immigration and citizenship law, corporate and commercial law. 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. the right to double or multiple citizenship. 91 dated February 5, 1992 (and regulation for its implementation: specifically DPR no. 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. Hurricane Relief Fund Announced as part of the Citizenship by Investment Programme admin 3 years ago. They made this complex and stressful procedure as easy as it could be. Grab your FREE consultation today! To qualify, your parents or parent must still hold their Italian citizenship. Buying property in Italy is easier. There is no formal citizenship by investment programme in Italy. . Citizenship or residency can be bought in these 23 countries, ranging from $15,253 to $2.57 million. We ensure our customers with flawless legal support. Now you can honor that heritage by actually CLAIMING your Italian citizenship, which was passed on to you at birth. 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. If you are considering Italy as your future home country, you are making the right decision considering that: Become An Italian Citizen! 4. 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. Italian citizenship by descent is achieved through the family lineage of an individual either parents, grandparents, or great grandparents. United States of America – Iconic Culture and Influence … Italy is set to commence a residency by investment program starting at the end of March 2017. Our rates are fair and quite affordable with an array of services handled by our team of professionals. 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. Pass citizenship to descendants and family. Become an Italian Citizen. Benefits of Bulgarian Citizenship Lifetime European citizenship for the whole family and next generations. Italian nationality law is the law of Italy governing the acquisition, transmission and loss of Italian citizenship. 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. Whilst it does not change the routes to Italian citizenship it has lengthened the process for some individuals wishing to obtain Italian citizenship. Contact Us We will set up a time ... Italy Citizenship. 572 dated October 12, 1993 and DPR no. Visa Free Travel 160 Countries, From €350,000 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 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. 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. 91, and came into force on 15 August 1992. (You can apply after 18 months no matter where you are if you have a child together). This can be accomplished through different types of investment options including real estate, government bonds, establishing a business, development programs, etc. Maintain dual citizenship with other nations. It’s a way to obtain a second citizenship and passport in another country by investing in its economy. Both Italy and the United States allow Dual Citizenship. Bulgarian citizenship by investment is available for you through a secure investment of 512,000 euro into government bonds. Dual citizenship also allows Italian-Americans to further explore their Italian heritage. Our immigration agents can explain the benefits that can be obtained under the Italian Citizenship by Investment Scheme. The Decree Law no. According to the Res Non-Dom Regime, eligible taxpayers can choose which country or countries income to tax with the substitutive flat tax (the so-called “cherry picking” principle). Italian citizenship after ten years of living. Italian citizenship can be acquired in one of the following ways: 1. Citizenship by investment is a means to secure a second citizenship and passport in another country by investing in its economy. Italian Law provides the possibility of being nationals of more than one country, i.e. KEY BENEFITS FROM ITALIAN CITIZENSHIP In these European countries there is no requirement to reside and become tax resident, no minimum stay and clearly defined programme rules. I actually know an attorney who attempted to create an Iceland citizenship by investment program during the height of the economic crisis there; he was ultimately unsuccessful. 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. The foreigner or stateless person, if residing for at least 12 months in Italy if they have children born or adopted in marriage; if there are no children the requirement for residence in Italy rises to 24 months, that is to say 2 years of cohabitation with the Italian citizen. Looking to gain Italian residency by investment in 2021? It is possible to gain permanent residency in Italy but applicants need to demonstrate annual income of €100,000. Citizenship by Investment in 2020 , Canada is the best country for Immigration .Vancouver Investment Immigration . If you're looking for how to become an Italian citizen by blood then this is your path. The holder enters Italy within sand submits an application for an investor residence permit. Such an amount is undefined but we understand it to be in the region of €300,000 – €500,000. Foreigners by marriage, Singapore etc obtaining Visa and citizenship of the citizenship by.. 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