Italy.
How Italy sells residence for investors (golden visa): 1 residence programme, open today. Every number and rule below links to the document it comes from.
15 documents and articles behind this page, listed at the bottom.
Residence
Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later. Italy: 1 residence programme, open today; 37 numbers, 93 prices and rules. Every country's residence programmes
All the numbers, sources and downloads for Italy in the data portal →
No special route to citizenship.
- Status
- Lowest price for one person
- Investors approved, not counting family members
- Last change
Investor visa
Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later.
Citizenship. No special route to citizenship. (from the research notes below)
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
What we know is missing
- No yearly figures at all for applications or money raised.
- The latest yearly figure is several years old: people let in (2021).
A gap means no figure is in our data: either it was never published or we haven't found or read it yet. Charts leave gaps open rather than drawing across them.
All the numbers we have for Italy
37 numbers about Italy's residence programmes. Pick a programme and 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.