Italy.
How Italy sells residence for investors (golden visa): one programme, open today. Every number and rule below links to the document it comes from.
- 37
- numbers
- 93
- prices and rules
- 13
- events
- 15
- documents and articles
Investor visa
Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later.
Official name: Investor Visa for Italy (visto per investitori, art. 26-bis D.Lgs. 286/1998)
Cheapest route: EUR 250,000 in an Italian innovative start-up, held 2 years. Others: EUR 500,000 in an Italian company or venture-capital fund (t-3b80f5d965), EUR 1m donation (t-66ee841f28), EUR 2m government bonds (t-83df76feae). Applicant must also show EUR 1m available funds (EUR 2m for bonds).
Notes from the research
Entry visa and two-year 'per investitori' residence permit, renewable for three years at a time, for non-EU nationals who invest EUR 2m in Italian government bonds, EUR 500k (EUR 1m until 18 May 2020) in an Italian company (from 18 Dec 2024 also an Italian venture-capital fund), EUR 250k (EUR 500k until 18 May 2020) in an innovative start-up, or donate EUR 1m to a public-interest project; investment must be made within 3 months of arrival and held for 2 years. Legal basis in force 1 Jan 2017 (L. 232/2016, art. 1, c. 148); implementing decree 21 Jul 2017; applications run through an online portal from 14 Dec 2017, vetted by an inter-ministerial Committee chaired by the ministry of enterprise (MISE, now MIMIT), which issues a nulla osta. No real-estate route. Applications free of charge. Holders may apply for an EU long-term permit after 5 years of holding the investment (portal); no special route to citizenship. Suspended for Russian and Belarusian citizens from 14 Jul 2023 and for dual nationals with a Russian or Belarusian passport from 20 Mar 2024. Very low uptake: 13 applications to end-2019 (latest official total found).
Prices and rules
What is measured
- Applications received28
- Average investment per investor (or per property)3
- Applications turned down2
- Applicant share1
- Applications lapsed1
- Investors approved, not counting family members1
- Qualifying investments made (count)1
All the numbers we have for Italy
Pick what you want to see. Each dot is one number from one document; click anything to open its source.
What happened, and when
The 15 documents behind this page
- 2026 · GovernmentInvestor Visa for Italy - programme portal home page (English) · Ministero delle Imprese e del Made in Italy
- 2024-12 · Law or regulationLegge 16 dicembre 2024, n. 193 (Legge annuale per il mercato e la concorrenza 2023), art. 35 · Normattiva (Istituto Poligrafico e Zecca dello Stato / Presidenza del Consiglio dei Ministri)
- 2024-12 · Law or regulationD.Lgs. 25 luglio 1998, n. 286 (Testo unico immigrazione), art. 26-bis - testo vigente (in vigore dal 18-12-2024) · Normattiva (Istituto Poligrafico e Zecca dello Stato / Presidenza del Consiglio dei Ministri)
- 2024-12 · Law or regulationD.Lgs. 286/1998, art. 26-bis - Aggiornamenti all'articolo (amendment history) · Normattiva (Istituto Poligrafico e Zecca dello Stato / Presidenza del Consiglio dei Ministri)
- 2023-03 · GovernmentRelazione annuale al Parlamento sullo stato di attuazione e l'impatto delle policy a sostegno di startup e PMI innovative - 2022 · Ministero delle Imprese e del Made in Italy
- 2022-01 · IndustryAt 1,035 Approvals, The Greek Golden Visa Was Officially Europe's Biggest in 2021 · Investment Migration Insider (IMI Daily)
- 2021-07 · GovernmentInvestor Visa for Italy - Manuale operativo (aggiornato 19 luglio 2021) · Ministero dello Sviluppo Economico; Ministero degli Affari Esteri e della Cooperazione Internazionale; Ministero dell'Interno
- 2020-11 · GovernmentRelazione annuale al Parlamento sullo stato di attuazione e l'impatto delle policy a sostegno di startup e PMI innovative (edizione 2020, dati 2019) · Ministero dello Sviluppo Economico
- 2020-09 · Law or regulationDecreto-legge 16 luglio 2020, n. 76, art. 40-quater 'Semplificazioni in materia di visto per investitori esteri' (inserted by L. 11 settembre 2020, n. 120) · Normattiva (Istituto Poligrafico e Zecca dello Stato / Presidenza del Consiglio dei Ministri)
- 2020-05 · Law or regulationDecreto-legge 19 maggio 2020, n. 34 (Decreto Rilancio), art. 38 - testo originario · Normattiva (Istituto Poligrafico e Zecca dello Stato / Presidenza del Consiglio dei Ministri)
- 2019-01 · European UnionCommission Staff Working Document accompanying the Report on Investor Citizenship and Residence Schemes in the European Union, SWD(2019) 5 final · European Commission
- 2018-10 · GovernmentInvestor Visa for Italy: un visto per attrarre investimenti strategici dall'estero · Ministero delle Imprese e del Made in Italy
- 2018-10 · European UnionCitizenship by Investment (CBI) and Residency by Investment (RBI) schemes in the EU: State of play, issues and impacts (PE 627.128) · European Parliamentary Research Service (Ex-Post Evaluation Unit and European Added Value Unit)
- 2017-07 · Law or regulationDecreto interministeriale 21 luglio 2017 (MISE - Interno - MAECI) sulla procedura di ingresso e soggiorno per investitori · Ministero dello Sviluppo Economico (Investor Visa for Italy portal)
- 2016-12 · Law or regulationD.Lgs. 25 luglio 1998, n. 286 (Testo unico immigrazione), art. 26-bis 'Ingresso e soggiorno per investitori' - testo vigente al 1-1-2017 · Normattiva (Istituto Poligrafico e Zecca dello Stato / Presidenza del Consiglio dei Ministri)
Who buys passports and golden visas, what they cost, and what happens when governments change the rules. Written from this data, in the newsletter.